Section 1031

DSTs Can be a Strategic Tool for 1031 Exchanges

DSTs Can be a Strategic Tool for 1031 Exchanges

Christopher L. West, CPA, PFS Watching your investment or commercial property values increase can be satisfying; however, when it's time to sell, capital gains tax can be a hard pill to swallow. You have probably heard of a 1031 "like-kind" exchange, which may be useful if you wish

Sonya Foster2023-10-17T09:35:56-06:00October 17th, 2023|

New Limits to Defer Tax with a 1031 Exchange

New Limits to Defer Tax with a 1031 Exchange

Normally when appreciated business assets such as real estate are sold, tax is owed on the appreciation. But there’s a way to defer this tax: a Section 1031 “like kind” exchange. However, the Tax Cuts and Jobs Act (TCJA) reduces the types of property eligible for this favorable tax treatment.

Sonya Foster2021-04-12T14:56:47-06:00April 10th, 2018|