Deferred Exchange, a common type of property exchange in real estate transactions, where the original property is sold first, and the replacement property is acquired later.
The Exchange Period is a critical component in real estate transactions, particularly in the context of a 1031 exchange, representing the 180-day timeframe within which a taxpayer must complete the acquisition of the replacement property.
An in-depth exploration of the 45-day Identification Period for identifying replacement property in a 1031 exchange, including its definition, special considerations, examples, and more.
A Qualified Intermediary (QI) is a person or entity that plays a crucial role in facilitating a 1031 exchange, ensuring compliance with IRS regulations.
A Qualified Intermediary (QI) is an independent party who facilitates a 1031 exchange, ensuring compliance with IRS requirements.
Replacement Property refers to the new property acquired in a 1031 exchange, allowing investors to defer capital gains taxes.
A comprehensive explanation of Tax-Deferred Exchange, detailing the concept, types, historical background, applicability, and related terms.
A comprehensive explanation of Like-Kind Exchange, a tax-deferral strategy widely used in real estate transactions.
A Qualified Exchange Accommodation Arrangement (QEAA) is a tax strategy where a third party holds a real estate investor's relinquished or replacement property to facilitate a like-kind exchange and defer capital gains tax.
