1031 Exchanges Don't Always Work Out
Sometimes Tax Deferred Exchange transactions, usually referred to as 1031 Exchanges, just do not work out as planned. It might be that you are unable to find any potential replacement properties that meet your financial goals and objectives, or that pass your due diligence requirements, or that pencil out from a cash flow perspective. Or, it might be that you encounter unexpected financing challenges, clouds on legal title, or defects to the property.
In any event, under certain circumstances like those mentioned above investors may not be able to complete their 1031 Exchange transaction. What then?
Failed 1031 Exchange Strategies
What happens when you start a 1031 Exchange but you’re not able to complete your 1031 Exchange? When is a failed 1031 Exchange taxable?
The Exeter Group Unravels the Mystery of Failed 1031 Exchange Strategies with Bill Exeter, President and Chief Executive Officer, The Exeter Group of Companies. Join us now....
Failed 1031 Exchange Consequences and Strategies
Next Episode of Go Ahead, ASK! Podcast
Join us on the next episode of Go Ahead, ASK! Podcast as we unravel the mystery of Self-Directed IRAs and Self-Directed Individual 401(k) Plans. You can email your questions to ASK@exeterco.com or call (619) 239-3091.
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