How to Turn Your Second Home Into a Tax-Deferring Investment
1031X is proud of its stellar 30-year reputation for helping successful investors become more successful. The primary benefit of all 1031 exchanges is the ability to defer capital gains taxes. You boost your purchasing power by deferring income tax on your realized gain. We like to say that deferring taxes under IRC section 1031 is […]
1031 Interview: Lauryn Dempsey
Needless to say, the COVID-19 pandemic came out of nowhere and left an economy reeling in its wake. The effect on real estate is profound, but not necessarily crippling. In this interview, 1031x director Sean Ross speaks with Denver realtor Lauryn Dempsey, who Outlines an “on-the-ground” perspective on every-changing news and regulations Explains how real estate […]
1031 Interview: Caryn Botknecht
We explore the upcoming Biden Administration, the effect of COVID vaccines, which metrics matter the most when choosing real estate investments, and much more. The COVID-19 pandemic hit commercial and luxury real estate harder than most other RE segments. We saw aid from the Federal Reserve and Congress go toward businesses, workers, municipalities, residential homeowners, […]
1031 Interview: Real Estate Investing with Matthew Frankel, CFP
We explore the upcoming Biden Administration, the effect of COVID vaccines, which metrics matter the most when choosing real estate investments, and much more. Matthew Frankel, senior real estate analyst for Millionacres, a Motley Fool service, sat down with us (virtually) to share his expertise for our latest 1031 Expert Interview. As you’ll see, Matthew […]
Adding Value to Your Investment Property Using Innovative Building Materials
AS THE OWNER of an investment property, one of your main priorities should be to add value to that property. You’ll generate more revenue, attract better tenants, and later command a higher resale price. Landlords and property owners commonly upgrade their buildings, of course. But, thanks to the wide range of innovative materials and upgrades available […]
4 Better Strategies for Owner Carry Financing
Owner Carry Financing in a 1031 Exchange – Installment Sales under IRC Section 453 – Investors often ask us if owner carried financing (installment sales under IRC section 453) and a 1031 exchange (IRC section 1031) work together in the same transaction. While possible, it can be tricky adding owner carry financing to a tax-deferred exchange. Before we dive in, […]
Single Member LLCs as Tenants in Common
Why Tenants in Common (TIC) structure is advantageous for 1031 exchange investors The limited liability company (LLC) is a relatively young creature created by State statutes. By contrast, the concept of owning an asset as “tenants in common” (TIC) is centuries-old, much of it dating back to English law. In a May/December romance, LLC and TICs merge […]