Category Archives: 1031 Exchanges

1031 Exchanges: What Are the Timeline Requirements and Rules? A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. This exchange (also called a like-kind exchange) can be an important tax savings tool for those who own an investment property that has risen in value. Previously on the blog, we […]

Five Benefits of 1031 Exchanges Most people don’t know a whole lot about 1031 exchanges and as such, many people don’t know how beneficial they can be to a real estate portfolio and the extensive tax benefits that can come from them. In today’s blog post, Davidson Law Group will look at five specific benefits […]

1031 Exchanges and Vacation Homes Many people come to Davidson Law Group asking whether they can do a 1031 exchange with their vacation home. As a reminder, a 1031 exchange is when one investment property is exchanged for another without tax consequences. Vacation homes are a contentious issue in this realm, so today in the […]

Important Rules to Remember with 1031 Exchanges 1031 exchanges are a fantastic way for your business or your investments to make changes without cashing out your assets or paying taxes. Essentially, a 1031 exchange is a swap of one business or investment asset for another like-kind asset. There aren’t limits to how many times you […]

What You Need To Know About 1031 Exchanges Unless your career is in finance or taxes, you more than likely don’t know all of the proper terminology and lingo of the Internal Revenue Code. Outside of a 401(k), most people are fairly limited in their understanding of these complex codes, and that goes for Section […]

1031 Exchanges and Tax Exemptions As is often the case with processes such as a 1031 exchange, there is the potential for it to affect your taxes at the end of the financial year. If you are looking into a 1031 exchange, it’s important to know whether the process offers any tax exemptions on the […]

1031 Exchanges: How the GOP Tax Plan Impacts Exchanges Anybody who even half-heartedly keeps up with the news knows that the new GOP tax plan has been the talk of the country for the last month or so. And while our representatives in Washington are working towards a conclusion, the average citizen is a wonder […]