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Q: Can the foreigner use a 1031 exchange?
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Where can one find 1031 exchange properties?

There are many ways one can use a 1031 exchange. If one seeks more information on the 1031 exchange process and 1031 exchange properties, one might consult a Forbes professional.


Can you sell a property with a 1031 exchange and use the money to buy into a business rather than another investment property?

no, a 1031 exchange is only for going from property to property


Do you have to enroll to receive 1031 exchange?

No you do not. You must make a transaction with the Internal Revenue Service to receive the 1031 exchange.


What are 1031 Exchange properties?

1031 Exchange properties are properties meant for exchange. The concept can be related, or though of, as a Timeshare, though it obviously has its varying, and unique, differences.


Where online can one learn about Section 1031 exchange?

One can learn about the Section 1031 exchange online on sites such as 1031exc and 1031 exchange advantage. One can also get more information at places like H&R Block.


What is a 1031 real estate exchange about?

The 1031 real estate exchange allows the investor to sell property, and reinvest the processed into another property. The 1031 real estate exchange protects investors against the capitol gain taxes.


Where can one find information on 1031 property exchange?

One can find information on 1031 property exchange on various websites like 1031 and expert1031. Both websites offer a great amount of information regarding this subject.


Do you have any 1031 Exchange Semminars in the area if so I would like to assit. Thank you. Javier Santis?

Sorry,I don't have any 1031 Exchange Semminars.


What happens in a 1031 Land Exchange and what are the potential tax consequences?

A 1031 Exchange is great for owners or investment real estate. It allows the owner to sale the investment land and use the funds to purchase a "like kind" property and not be liable for capital gaines taxes.


Where can one find information on 1031 exchange rules?

There are several places on the Internet where an individual can find information on 1031 exchange rules. Examples would include HaveNExchange, and AllStates1031.


Where can one find information about 1031 exchange real estate?

One can find blogs about this topic. Some educational sites may offer advice as well such as Realtor or 1031. If one does not know what a 1031 exchange is, try looking at an online dictionary or source.


Why would you not just do a 1031 Like Kind Exchange if your real estate is involuntarily converted?

First of all, a §1031 Like-Kind Exchange only applies to property used in a trade or business or held for investment purposes. Therefore, you cannot take advantage of §1031 if your home is involuntarily converted. Second, the rules under §1033 are much more flexible than the rules under §1031. For example, the sales proceeds in a §1031 Exchange must be held by a Qualified Intermediary such as the ES Group until they are used to purchase the replacement property. However, the property owner can hold their own funds in a §1033 Involuntary Conversion Exchange. Also, when dealing with property that is used in a trade or business, or held for investment purposes, the taxpayer has 3 years to purchase the replacement property instead of the 180 days one would have in a §1031 Like-Kind Exchange.