Tuesday, June 24, 2008

Investors -- know your 1031 Exchange rules

This just in from my title insurance underwriter's newsletter:

Section 1031 of the Internal Revenue Code ... is extremely beneficial to investors because it allows them to reinvest all their net equity into another investment property without paying capital gain taxes.

However, ... t
here are many ways an investor can get tripped up in the tangles of complicated
IRS rules and regulations and the tax code requirements of a 1031 exchange.


Know the pitfalls! Read it here:

Pitfalls to Avoid
in 1031 Exchanges

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