Dive into the 5 key rules of a 1031 exchange in this video. Learn how this tax strategy benefits real estate investors, from understanding net selling prices to utilizing a qualified intermediary, plus much more! Check out this link to learn more: getequity1031.com/
#1031exchange #realestateinvesting #1031explained
0:00 Intro
0:06 - Understanding what a 1031 Exchange Is
0:30 - Rule 1: Net Selling Price explained
1:57 - Rule 2: Qualifying properties for exchanges
2:30 - Rule 3: The importance of using a Qualified Intermediary
3:30 - Rule 4: The 45-Day Identification Rule
4:40 - Rule 5: The 180-Day Closing Requirement
5:30 - Special Case: Reverse 1031 Exchanges
10 июл 2024