The 1031 Tax Advantage for Real Estate Investors

Framing their approach around their clients' most frequently asked questions, the authors present detailed, step-by-step advice on all the required elements for a successful exchange. Through clear explanations of necessary tax concepts as well as example situations of actual investors, you'll learn how to:

• Determine how much to reinvest in an exchange
• Use the IRS identification rules to your advantage
• Understand exchanges involving related parties and the implications of seller financing
• Use real estate proceeds with NO tax consequences
• Navigate the complexities of personal property exchanges, refinancing of exchange property, and exchanges done in reverse order
• Handle earnest money deposits, and prorations
• Take advantage of tax-deferred investor pools and TICs (Tenant-in-Common) benefits