Tax Straddling – 1031 Exchanges at the End of the Year

updated October 2024 Tax Straddling - Pay Taxes in 2025 or 2026? When a 1031 Exchange is opened in the latter part of the year, a seasonal treat worth mentioning is “tax-straddling.” If that exchange is successfully completed, those taxpayers defer taxes to receive...

1031 Update on Capitol Hill – November 2024

The 2024 Election and IRC Section 1031Capitol Hill Update, November 2024 Donald Trump was elected President, and the Republicans regained control of the Senate holding at least 53 Senate seats. Republicans are on the brink of retaining control of the House with a...

1031 Update on Capitol Hill – September 2024

ALERT - 1031 Now Targeted for RepealCapitol Hill Update, September 2024 On August 19, 2024, the Democratic National Committee released its 2024 Platform. It calls for the full repeal of the 1031 Exchanges referring to them as a tax loophole for the rich.Targeting 1031...

Why 1031 Repeal Affects You – 1031 Impact & Importance

1031 Has Now Been Targeted for Repeal  On August 19, 2024, the Democratic National Committee released its 2024 Platform. It calls for the full repeal of 1031 Exchanges incorrectly referring to them as a tax loophole for the rich. Targeting 1031 Exchanges for...

Celebrating Excellence as the Best 1031 Exchange Company

Leading 1031 Exchange Company We are proud to announce that, once again, IPX1031 is recognized as the Best Overall 1031 Exchange Company by Fit Small Business for 2024. This prestigious accolade reaffirms our commitment to providing exceptional 1031 Qualified...

How to Build Wealth: 21 Essential Tips

Referenced in:Smart Tips For Financial Growth  Table of Contents: Core Tips for Wealth Building Starting Early Living Below Your Means The Importance of Saving Money Investing Managing Spending Debt Management Creating an Emergency Fund Exploring Multiple Income...

Continuing Excellence: IPX1031 Parent FNF Named to FORTUNE 500® List

updated for 2024 FNF #351 in FORTUNE 500® Rankings - 2024 Investment Property Exchange Service, Inc.’s (PX1031) parent company, Fidelity National Financial (NYSE: FNF), again has been named to the FORTUNE 500® list. For 2024, FNF ranks 351. 2024 marks the 70th year of...

Top Misconceptions About 1031 Exchanges for 2024

2024 Misconceptions  | 2023 Misconceptions  | 2022 Misconceptions  | 2021 Misconceptions  | 2020 Misconceptions  |  2019 Misconceptions  |  Common 1031 Misconceptions For 2024, here are our latest top misconceptions we've found that the public has about 1031...

Simple Steps to Start a 1031 Exchange

1031 Exchange Time?  Follow These Simple Steps to Get StartedOftentimes investors want to structure their real estate sales as Tax Deferred 1031 Exchanges but are unsure as to how to begin and when to involve IPX1031 in the exchange process. Below we will walk you...

Can You Change Spousal Ownership in a 1031 Exchange?

Will Adding/Deleting My Spouse Impact My 1031 Exchange?Generally, no changes should be made to the way title to property is held shortly before or after property is sold/purchased via a 1031 Exchange. For example, if title to an apartment building is held by Lisa and...

1031 Update on Capitol Hill – April 2024

1031 Coalition Letter & DC Fly-In​ April 17, 2024 IPX1031, in conjunction with our industry trade organization the Federation of Exchange Accommodators (FEA), worked with the Real Estate Roundtable to circulate an updated 1031 Coalition letter to leaders of...

The Build to Suit Exchange

The build-to-suit exchange, also referred to as a construction or improvement exchange, gives the Exchanger the opportunity to use all or part of the exchange funds for construction, renovations or new improvements to the Replacement Property.

1031 Update on Capitol Hill – March 2024

Biden Releases FY2025 Budget Proposal March 14, 2024 Consistent with its prior budget proposals, the Biden Administration has proposed capping the gain that can be deferred through a like kind exchange at $500,000 per taxpayer ($1,000,000 for a married couple filing...

Be Prepared If Your 1031 Transaction Needs to Go in Reverse

1031 Exchange transactions continue to be on the rise. What’s also trending is the need for Reverse Exchanges. With limited available inventory and the need to secure your ideal Replacement Property, you may find yourself in a situation where a Reverse Exchange is...

1031 Exchange Trends and Info for 2024

2024 is underway! Below are key trends, issues and points regarding 1031 Exchanges and Commercial Real Estate.  1031 Exchange Trends and Market Update 2024 After a challenging 2023 year for Commercial Real Estate and 1031 Exchange transactions, what’s in store...

1031 Update on Capitol Hill – Year-end Update – December 2023

Washington, D.C. Year-end Update from the President of IPX1031 December 27, 2023 I have been traveling to Capitol Hill since 2014. In the 2017 Tax Cuts and Jobs Act, section 1031 was targeted for repeal. We survived that challenge (for real estate exchanges) but it...

1031 Cybercrime

Nationwide, fraud and cybercrime continue to escalate. In our recent research, Americans shared that 1 in 3 have been victims of identity theft and 55% have been victims of scams. Unfortunately, incidents are trending upward, which is impacting commercial real estate...

LAST MINUTE IRS Extension Notice Extends 1031 Deadlines in California

UPDATED 10/17/2023 ​The 45 Day and 180 Day Postponements Today, our 1031 trade association, the FEA (Federation of Exchange Accommodators) stated:The IRS further postponed the 10/16/2023 tax deadlines for most of California to 11/16/23. This surprise announcement was...

Top 1031 Exchange Reminders You Need to Know

NEW for 2023 - Essential 1031 Exchange Reminders   School is back in session and autumn has arrived. It’s a perfect time to review some key 1031 Exchange reminders: 1031 is not a tax loophole. Section 1031 has been in the tax code for almost a century as a recognized...

1031 Exchanges and Hybrid Workers

Referenced in:The rapid change from employees working exclusively in offices to working part of the time at home has resulted in challenges and opportunities for real estate investors. Areas that are attractive to hybrid workers are experiencing an increase in prices...

Top Misconceptions About 1031 Exchanges for 2023

2024 Misconceptions  | 2023 Misconceptions  | 2022 Misconceptions  | 2021 Misconceptions  | 2020 Misconceptions  |  2019 Misconceptions  |  Common 1031 Misconceptions For 2023, here are our latest top misconceptions we've found that the public has about 1031...

Underperforming Real Estate Assets Ripe for 1031

Underperforming real estate assets come in many varieties – dilapidated or outdated properties in need of maintenance or major updates, properties with high vacancy rates, properties with poor location - just to name a few.  By utilizing a 1031 Exchange investment...

Flexibility with Combination 1031 Exchanges

Mark and Mary are selling their apartment building and are excited to make a substantial gain. Their CPA recommended structuring the sale as a 1031 Exchange in order to defer their taxes. They plan on using their gains to diversify their portfolio and purchase three...

1031 Update on Capitol Hill – May 2023

Meetings with Congress May 4, 2023 Senior managers of IPX1031, together with members of our trade association, the Federation of Exchange Accommodators (FEA) conducted over 70 meetings with Congressional members and their staff in late April. Although our mission to...

Agriculture 1031 Exchanges

1031 Exchanges permit taxpayers to defer the taxes that arise from the sale of investment or business real estate.  An exchange is a powerful tool for those involved in agriculture such as farmers, corporate farm owners, ranchers, institutional investors, and...

Reverse 1031 Solutions in a Challenging Market

Reverse 1031 Solutions Rapidly rising interest rates have had an immediate impact regarding how transactions are financed and closed. Despite this challenging environment, investors are actively utilizing 1031 Exchanges to strategically structure their transactions to...

1031 Update on Capitol Hill – March 2023

Biden Releases FY2024 Budget March 10, 2023 President Biden released his FY2024 budget this week, and it again proposes a cap on deferred gain from like-kind exchanges. This doesn’t represent a new threat to Section 1031. It is just a repeat of what was in the 2023...

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