Steven Monk's (smonkmadera) Blog

Like Kind Property  The like-kind replacement property acquired in your 1031 exchange must be "like-kind" to the relinquished (sold) property.  ANY real property is like-kind to ANY other real property as long as they are both held for rental or investment or used in your business.  Like-kind doe...

Depreciation Recapture You may be required to "recapture" the depreciation deducted by you on your real estate investment property upon the disposition (sale) of the investment property.  This means that you may have to recapture or add back into your taxable income the amount of depreciation tak...

Careful Planning Required This short-term tax deferral strategy provides an excellent income tax planning opportunity when a 1031 exchange transaction does in fact fail unexpectedly.  However, there are numerous facts and actions that can affect the outcome of this short-term tax deferral strateg...

Installment Sale Treatment Under Section 453 In the case of a failed or partial tax-deferred like-kind exchange transaction, an Investor may be able to defer his capital gain income tax liability into the following income tax year rather than the income tax year in which the relinquished property...

Partial Tax-Deferred BenefitsInvestors can dispose of one or more relinquished properties and can acquire one or more like-kind replacement properties as part of a single 1031 exchange transaction.  If multiple like-kind replacement properties are involved in the same tax-deferred like-kind excha...

Make Exeter 1031 Exchange Services part of your investment team.We always recommend that Investors choose a team of experts to help advise them in building their real estate investment portfolio.  The team should at least consist of a professional attorney, accountant, broker, escrow officer and ...

Failed Tax-Deferred Exchange May Qualify for Installment Sale Treatment Investors often ask "what happens to my 1031 exchange transaction if I sell my relinquished property and cannot find suitable like-kind replacement property to identify, or I cannot acquire the property that I did identify, w...

Like Kind Property  The like-kind replacement property acquired in your 1031 exchange must be "like-kind" to the relinquished (sold) property.  ANY real property is like-kind to ANY other real property as long as they are both held for rental or investment or used in your business.  Like-kind doe...

Like Kind Property  The like-kind replacement property acquired in your 1031 exchange must be "like-kind" to the relinquished (sold) property.  ANY real property is like-kind to ANY other real property as long as they are both held for rental or investment or used in your business.  Like-kind doe...

Like Kind Property  The like-kind replacement property acquired in your 1031 exchange must be "like-kind" to the relinquished (sold) property.  ANY real property is like-kind to ANY other real property as long as they are both held for rental or investment or used in your business.  Like-kind doe...