Reverse Exchange

Haven't considered a 1031 reverse exchange before? Now is the perfect time to do so

A 1031 reverse exchange allows for the acquisition of a new asset before selling your existing one, while still receiving the benefit of deferred capital gains taxes. This type of exchange can be done for a variety of assets and provides the flexibility needed to make a 1031 exchange work while accommodating the needs of [...]

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 [...]

[VIDEO] Finding a 1031 exchange QI you can trust is key

For 1031 exchanges, choosing the right Qualified Intermediary is key. Security, transparency, and compliance are essential. As Alan Fruitman notes, “If any part is not done properly, the whole 1031 exchange can be unwound.” To find out why Fruitman uses NES Financial’s Solutions for his 1031 exchanges, watch now. Get more What is a 1031 [...]

July 27th, 2015|Categories: 1031 Exchange, Uncategorized|Tags: , |

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 [...]