In-depth articles on like-kind exchange rules, advanced strategies, state-specific guidance, and investment structures.
Boot is any non-like-kind value you receive in an exchange. It's taxable, and it's avoidable if you know the rules. This guide introduces common boot issues and planning questions; eligibility and any remedy depend on your facts.
California conforms to federal 1031 exchange rules, but its clawback provision means the state can tax your deferred gain even if you sell the replacement property in another state.
A reverse 1031 exchange lets you acquire the replacement property before selling your relinquished property: critical when you can't risk losing the deal. Here's the complete guide.
DSTs qualify as like-kind property for 1031 exchanges and offer completely passive ownership of institutional real estate. Here's how they work, the benefits, and the risks.
The 45-day identification window and 180-day closing window are the two most important rules in a 1031 exchange. Miss either one and you owe taxes on the full gain.
Rev. Proc. 2008-16 provides a dwelling-unit safe harbor with rental and personal-use tests. Outside it, investment intent needs separate factual analysis.
A Qualified Intermediary holds your exchange funds, sometimes millions of dollars, with minimal federal regulation. Here's what to look for and what questions to ask before signing.
Depreciation recapture is taxed at up to 25%, higher than long-term capital gains rates. A 1031 exchange defers it along with your capital gain, but it carries forward into your replacement property's basis.