The 1031 Tax Exchange Explained
The 1031 Tax Exchange is probably the most powerful tax-busting weapon available to real estate investors.
By using it creatively you could end up with between 50% and 100% more wealth than other investors.
This brand new guide tells you everything you need to know about building a tax-free real estate empire using the 1031 Tax Exchange – explained throughout with real-life examples.
The 1031 Tax Exchange guide is essential information for:
- All real estate investors, no matter how big or small.
- Any one who wants the clearest and most useful guide to 1031 exchanges.
- Anyone interested in achieving financial independence through real estate.
"Take a look at Tax Cafe's website for tax-saving tips."
What Information is Contained in the Guide?
The 1031 Tax Exchange Explained has just been published and contains the very latest information on 1031 exchanges as well as dozens of examples and tax tips.
Inside you’ll discover:
- How to build a tax-free real estate empire using the 1031 tax loophole creatively.
- Guide to how 1031 tax exchanges work – using clear language, graphics and real-life examples.
- How to navigate the IRS rules and protect your exchange from an audit.
- The tax benefits of exchanges:
- Using 1031 exchanges to claim more tax depreciation
- The other benefits of exchanges:
- trading up to bigger properties
- improving the quality of your real estate portfolio
- using 1031 exchanges to maximize your leverage and future returns
- Buying property for family members
- Explanation of the different types of exchange: reverse exchanges, construction exchanges, tenant in common exchanges and other more specialized exchanges.
- How to choose a reputable and skilled Qualified Intermediary
- Traps to look for in the Exchange agreement between you and your intermediary
- Lists of qualifying and disqualified real estate
- Step by step guide to reverse exchanges – obtaining financing for reverse exchanges and find an intermediary who specializes in them
- How to avoid being classified as a dealer by the IRS and having the 1031 loophole taken away.
- How to convert investment real estate into a tax-free primary residence.
- The 45-day, 180 day rules explained plus how to buy yourself extra time.
- How to report an exchange on your tax return and complete the like-kind exchange form 8824.
- How to get some cash out of an exchange for personal use, e.g. paying for a vacation or
- Buying through different legal structures such as trusts and LLCs
- The 1031 secrets that real estate pros keep to themselves
- How to cope with delays in the exchange process.
- Debt rules – how much debt on the old and new properties, tax consequences of refinancing
- How to exchange properties with family and other ‘related parties’.
- Quick guide to all the 1031 documentation.
- When not to do an exchange
- How long you must hold the properties that you sell and buy
- Advanced exchange issues
- Creative tax planning used by the pros
About the Author
The author is Nick Braun PhD, Taxcafe's founder and CEO. Nick has been involved in the tax publishing world since 1989 as a writer, editor and publisher and holds a PhD in economics. He is also columnist for several real estate investment magazines and a very active real estate investor and developer.
How Much Does it Cost?
- Electronic Book (delivered immediately via e-mail) - $19.95
- Printed Book (dispatched immediately by first class mail) - $24.95
* If you purchase the printed book you will have the option at checkout of receiving a free electronic copy to read immediately.
Plus!
- You will also receive a complimentary electronic copy of our comprehensive tax guide 'How to Save Tax 2007' - worth $19.95.
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