Permissible vs. Non-Permissible 1031 Exchange Expenses on Go Ahead, ASK! Podcast Ep. 06

1031 Exchange transactions pursuant to Section 1031 of the Internal Revenue Code can be very complex and extremely confusing, especially to an investor that has never completed a 1031 Exchange transaction before.  The Exeter Group demystifies what qualifies as a permissible vs. non-permissible 1031 Exchange Expense and what the income tax consequences are on the Go Ahead, ASK! Podcast.  

We have been Unraveling the Mystery of 1031 Exchanges on the Go Ahead, ASK Podcast. We take a deeper dive on Episode 06 of Go Ahead, ASK! by The Exeter Group into closing costs, what is considered to be permissible vs. non-permissible for 1031 Exchange purposes, and how you can avoid triggering small amounts of taxable gain even on a successful 1031 Exchange. Join us now....

Go Ahead, ASK! Podcast by The Exeter Group.  Unraveling the Mystery of 1031 Exchanges - Permissible vs. Non-Permissible 1031 Exchange Expenses

From all our team members and our extended families at Exeter 1031 Exchange Services, LLC, we wish our clients, their families, partners and advisors a very "Happier" New Year.  

We are looking forward to a much happier, healthier and more prosperous new year in 2021.  

 

“The Taxpayer” on Unraveling the Mystery of 1031 Exchanges | Go Ahead, ASK!

Like Kind Exchange transactions are complex and extremely confusing.  You can ask multiple advisors the same question and get different answers. This is why The Exeter Group demystifies 1031 Exchanges on its Go Ahead, ASK! Podcast.  

The Exeter Group continued Unraveling the Mystery of 1031 Exchanges during its forth Go Ahead, ASK Podcast - Part II (Ep. 04) including how to choose a Qualified Intermediary, what qualifies for tax-deferred exchange treatment under Section 1031, why Qualified Trust Accounts are so very important, and what properties are considered like-kind to other properties. 

"The Taxpayer" is discussed in this Episode 05 of the Go Ahead, ASK! Podcast.  Does the taxpayer have to acquire and hold legal title to the replacement property in the exact same name that they held title to their relinquished property?  Not necessarily.  Join us now....

Go Ahead, ASK! Podcast by The Exeter Group.  "The Taxpayer" on Unraveling the Mystery of 1031 Exchanges. 

Unraveling the Mystery of 1031 Exchanges - Part II | Go Ahead, ASK! Podcast Ep. 04

1031 Tax Deferred Exchange transactions are often very complex and can be extremely confusing to an investor that has never completed a 1031 Exchange before.  The Exeter Group demystifies what qualifies and what doesn’t on the Go Ahead, ASK! Podcast.  

We started Unraveling the Mystery of 1031 Exchanges during our very first Go Ahead, ASK Podcast - Part I (Ep. 01).  We continue this discussion on Episode 04 of Go Ahead, ASK! by The Exeter Group includes how to choose a Qualified Intermediary, what qualifies for tax-deferred exchange treatment under Section 1031, why Qualified Trust Accounts are so very important, and what properties are considered like-kind to other properties. Join us now....

Go Ahead, ASK! Podcast by The Exeter Group.  Unraveling the Mystery of 1031 Exchanges - Part II.

Happy Thanksgiving from Exeter 1031 Exchange Services, LLC