Calculating Taxes: Understanding Gain and Adjusted Basis

Posted in: 1031 Exchange, Real Estate, Taxes- Nov 02, 2011 No Comments

Many property owners are familiar with the “Terrible T’s” in real estate: termites, tenants and trash. Often the “Terrible T’s” become so burdensome that investors decide they want out of real estate altogether.  At that point however, investors become all too familiar with another “Terrible T” – Taxes! Almost all states require the payment of [...]

Reverse 1031 Exchange: Another Tool in the Real Estate Investors Toolbox

Posted in: 1031 Exchange, Lending, Mortgage, Real Estate- Oct 05, 2011 No Comments

In a typical 1031 Exchange, property is sold and then replacement property is acquired. On occasion however, it may be advantageous to do the opposite; acquire property  first and then sell.  This can be accomplished with a Reverse 1031 Exchange.  Although not as common as a “forward” 1031 Exchange, investors have been using the Reverse [...]