Wisconsin 1031 Exchange – What Are the Requirements for a 1031 Exchange in WI?
Find out what 1031 Exchange requirements and rules are applicable in Wisconsin by watching this quick tutorial.
Wyoming 1031 Exchange – What Are the Requirements for a 1031 Exchange in WY?
Find out what 1031 Exchange requirements and rules are applicable in Wyoming by watching this quick tutorial.
Remember to File IRS Form 8824 With the Tax Return
When a 1031 Exchange is complete, the Exchanger or their tax advisor will need to include IRS Form 8824 with the Exchanger’s federal tax return for the year the Relinquished Property transferred.
Will You Have Taxable 1031 Boot?
Watch this quick tutorial for more information about taxable Boot in a 1031 Exchange.
What IPX1031 Will Need From You Prior to Closing the Replacement Property
Prior to the transfer of the Replacement Property, it is critical that IPX1031 has prepared the proper Replacement Property documentation which will make the Exchanger’s acquisition part of the exchange. Watch this quick tutorial to know what IPX1031 will need prior to close.
Limits on Accessing 1031 Exchange Proceeds
Timing for the Exchanger to access exchange proceeds is regulated by law. Watch the video tutorial here to know when 1031 Exchange funds can be accessed.
Curious About What Qualified Like-Kind Property Is?
Any Tax Deferred 1031 Exchange completed pursuant to Section 1031 needs to involve what is known as Like Kind properties.
