Learn all about the tax loophole known as the 1031 Exchange
The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole-known as the 1031 Exchange-is one of the greatest tax loopholes in existence. This loophole allows a real estate investor to sell a property without paying a penny in capital gains tax-as long as the investor reinvests his or her profits into another property. Not only is this a great way to invest without paying taxes, it's also a great way to grow real wealth over time. The rules can be confusing, but tax exchange works for every investor, big or small. 283 pp.
This handy guide offers detailed, step-by-step advice on using the 1031 Exchange-and much more:
- How the capital gains tax works
- Other little-known real estate loopholes
- Creative real estate financing techniques
- Advanced elements of tax-free exchanges
- Terms and concepts you need to know
- Eight things that can hold up a closing
- Transferring debt to other properties
- How zoning laws affect your investments
- How tax-free exchanges affect your tax shelter
- Where to find potential exchanges
- Twelve creative techniques applied to exchanges
- Nine booby traps to watch out for in exchanges
The Tax-Free Exchange Loophole: How Real Estate Investors Can Profit from the 1031 Exchange - Table of Contents:
- Introduction
- How to Use this Book to Maximize Your Real Estate Investment
Profits
- The Real Estate Insider's Bag of Loopholes
- How to Put the IRS on Your Side for a Change
- The Nitty Gritty of IRS Tax Loopholes
- How a 1031 Exchange Will Put Money into Your Pocket
- Advanced Elements of the "Tax Free Exchange"
- How to Make a One-on-One Exchange
- How Real Estate Exchanges Work
- Twelve Creative Techniques Applied to Exchanges
- Booby-Traps that Await You in Exchanges
- Closing Section 1031 Exchanges the Qualified Interemediary's
Point of View
- Putting it Together for Successful Transactions
- Forms
- Master List of Terms and Concepts You Need to Know
- Index
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