forward exchange

What you should know about 1031 exchanges

If you are planning on selling and buying business or investment assets this year, a 1031 exchange is a great way to defer taxes on capital gains or depreciation recapture. So what types of assets are exchangeable? Generally all real estate is considered to be “like-kind.” However, in other types of exchanges, defining “like-kind” can [...]

Defer taxes with a 1031 exchange

If you are planning on selling and buying business or investment assets this year, a 1031 exchange is a great way to defer taxes on capital gains or depreciation recapture. You may be wondering, what types of assets are exchangeable? Generally all real estate is considered to be “like-kind.” However, in other types of exchanges, [...]

Where are your 1031 exchange funds being held?

It is not always clear to exchangers doing a 1031 exchange how their funds are being held. Shockingly, they don’t often know much about their Qualified Intermediary (QI) either. Many people select a QI without conducting much preliminary research simply because the QI was mentioned by a real estate agent or a friend. A QI [...]

Fifteen minutes could save you millions of dollars

Internal Revenue Code 1031 allows for the deferral of gains on the sale of an asset when the gain is reinvested in a like-kind asset within 180 days. This transaction is called a 1031 exchange. For an exchange to be valid, the exchanger cannot have control over, or benefit from, the proceeds from the sale [...]

Entrust your 1031 exchange to NES Financial – the same industry-leading company in EB-5

If you are in the EB-5 industry, you likely know NES Financial is the leading provider of EB-5 administration solutions. What you may not know is that our company began in the 1031 exchange industry, and as with EB-5, we are the industry leader in providing solutions for 1031 exchanges. In fact, on an annual [...]

1031 exchanges have a positive impact on the United States economy

1031 exchanges have been a topic of Congressional discussion for decades. In California, for example, a Bill was introduced in 2010 to repeal the application of Internal Revenue Code Section 1031 to California taxes. But despite the occasional plea to eliminate or constrain the program, the outcome of those discussions has been that the benefits [...]

Thinking about doing a 1031 reverse exchange? Why not work with the leader in reverse exchanges?

When selecting a 1031 qualified intermediary (QI), it is best to choose one who has experience with several types of exchanges in various industries. NES Financial has unmatched experience and expertise in facilitating all types of 1031 exchanges. In fact, we are one of the few 1031 QIs who can handle complex reverse exchanges. A [...]

Save money when selling your aircraft with a 1031 exchange

When it comes time to sell your aircraft, a 1031 exchange is the best way to help you defer taxes and save money. Under IRC Section 1031, companies and individuals who exchange their old aircraft for a new one can achieve substantial tax savings by deferring capital gains tax or depreciation recapture upon the disposition [...]

NES Financial achieves record results in 2014

2014 was a strong year for the commercial real estate market overall. Low interest rates helped bring in new capital, allowing the number of developments as well as the amount of inventory on the market to increase. This inventory increase in turn led to an increase in 1031 exchange activity. Quite a few of those [...]

5 factors to consider when selecting a 1031 Qualified Intermediary

Real estate continues to be a hot market, making now the perfect time to decide whether or not to buy or sell. No matter which you choose, using a 1031 exchange can help you defer taxes on the sale of your property. The 1031 safe harbor regulations require the use of a 1031 qualified intermediary [...]