In layman’s language, ‘Boot’ is defined as anything given in addition to. When it comes to 1031 exchanges, Boot is the cash or money saved at the end of the exchange. For example, say you sold your investment property for … Read More
1031 exchange property
The pros and cons of the 1031 tax deferred exchanges
The pros and cons of the 1031 tax deferred exchanges The 1031 exchange, popularly known as a tax-deferred exchange, is a common and straightforward strategy that offers significant advantages to the commercial property owners. To qualify for this section, the … Read More
Best Options for a 1031 Exchange Property
Best Options For A 1031 Exchange Property Section 1031 Exchange of the Internal Revenue Code permits a tax-deferred exchange of any real property in the United States against a like-kind property if the property is being utilized for investment. For … Read More