1031 Exchange

1031 exchanges – they’re for more than just real estate

Most people associate 1031 exchanges with real estate. And while a large number of 1031 exchanges do involve real estate, it is not the only type of business or investment property that qualifies for an exchange. Some examples of other exchangeable assets include: Farm and agriculture equipment Manufacturing equipment Construction equipment Cars, trucks, tractors, and [...]

2017-02-14T20:30:09+00:00 August 25th, 2016|Categories: 1031 Exchange|Tags: , , |

Why a 1031 exchange?

If you are planning on selling and buying business or investment assets, a 1031 exchange is the way to go. Why? Because it allows you to defer taxes on capital gains or depreciation recapture. Of course that raises the question – what types of assets are exchangeable? All real estate is typically considered to be [...]

2017-05-28T18:54:46+00:00 August 10th, 2016|Categories: 1031 Exchange|Tags: , , |

Are you getting the most out of your 1031 exchanges?

Last month, NES Financial attended the International Council of Shopping Centers’ (ICSC) RECon event, which took place May 22-25 in Las Vegas, Nevada. At the event, NES Financial answered a number of questions regarding our industry-leading EB-5, 1031, and fund administration solutions. Our 1031 solutions garnered particular interest, and drew a number of questions from [...]

2017-02-14T20:30:12+00:00 June 3rd, 2016|Categories: 1031 Exchange|Tags: , , |

While there are many QIs on the market, not all of them can handle 1031 reverse exchanges

By its very nature, a 1031 reverse exchange is more complex than a 1031 forward exchange, and not every Qualified Intermediary has the capabilities of handling one. 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 [...]

2017-05-12T03:57:13+00:00 May 12th, 2016|Categories: 1031 Exchange|Tags: , |

When does vacation property qualify for a 1031 exchange?

As the weather gets warmer, taxpayers buying and selling vacation homes may assume their property does not qualify for a 1031 exchange. However, in cases where vacation property has been primarily held for investment or business use, with occasional personal use, it may be possible to defer capital gains tax through a 1031 exchange. In [...]

Help your clients defer capital gains taxes with a 1031 exchange

1031 exchanges have long been a way to preserve capital and defer capital gains taxes. Because every 1031 exchange is unique, it is crucial to work with a Qualified Intermediary (QI) who understands your client’s business and investment needs. As a CRE broker, lawyer, accountant, or other professional, you are always looking for a partner [...]

Leasing companies can benefit greatly from 1031 exchanges

If you are a leasing company, you are probably often seeking ways to defer capital gains and depreciation recapture taxes on the disposition of your off-lease property. 1031 exchanges have been utilized by businesses for decades and serve as a great way to help you lease more competitively by improving asset utilization and maximizing capital [...]

2017-05-12T02:50:40+00:00 February 24th, 2016|Categories: 1031 Exchange|Tags: , , , |

Leasing companies can benefit greatly from 1031 exchanges

If you are a leasing company, you are probably often seeking ways to defer capital gains and depreciation recapture taxes on the disposition of your off-lease property. 1031 exchanges have been utilized by businesses for decades and serve as a great way to help you lease more competitively by improving asset utilization and maximizing capital [...]

2017-05-22T01:54:13+00:00 February 16th, 2016|Categories: 1031 Exchange|Tags: , |

Some things to 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. But when it comes to the assets, exactly what types are exchangeable? A few include: Farm and agriculture equipment Manufacturing equipment Construction equipment Cars, trucks, [...]

2017-02-14T20:30:20+00:00 January 14th, 2016|Categories: 1031 Exchange|Tags: , |

Have your clients work with a 1031 commercial real estate exchange leader

1031 exchanges are an excellent way to preserve capital and defer capital gains taxes. No two 1031 exchanges are the same, so it’s very important to work with a 1031 Qualified Intermediary who understands your client’s business. As a commercial real estate broker, lawyer, or accountant, you are always looking for a partner who you [...]

2017-05-13T05:25:49+00:00 November 18th, 2015|Categories: 1031 Exchange|Tags: , |