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  2. Thinking of Moving In? How to Turn Your Rental Property into ...

    www.aol.com/finance/convert-rental-property...

    Converting a rental property into a primary residence involves careful planning and consideration of various tax implications. Section 121 of the IRS code and 1031 exchanges offer valuable tools ...

  3. Navigating 1031 Exchange to Not Have To Pay Taxes - AOL

    www.aol.com/navigating-1031-exchange-not-pay...

    Or you can create your own 1031 of sorts even if you don’t rent out your second home — just alternate which home you live in for five years, and then exclude $250,000 in capital gains tax on ...

  4. Internal Revenue Code section 1031 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new property are held by the owner for investment, or for active use in a trade or business, or for the production of income.

  5. Like-kind exchange - Wikipedia

    en.wikipedia.org/wiki/Like-kind_exchange

    A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one ...

  6. Do I Need to Report a 1031 Exchange on My Tax Return? - AOL

    www.aol.com/report-1031-exchange-tax-return...

    A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting proceeds from the sale into another similar property. Taxes ...

  7. What Is a 1031 Exchange? - AOL

    www.aol.com/1031-exchange-160000786.html

    Knowing the 1031 exchange rules helps you save on taxes. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ... Home & Garden ...

  8. Real Estate: 1031 Exchange Examples - AOL

    www.aol.com/news/real-estate-1031-exchange...

    Continue reading → The post Real Estate: 1031 Exchange Examples appeared first on SmartAsset Blog. But if you’re interested in real property, you need to know the ins and outs of purchasing ...

  9. Tenants in common 1031 exchange - Wikipedia

    en.wikipedia.org/.../Tenants_in_common_1031_exchange

    An investor decides to sell investment property and do a 1031 exchange. He contacts a qualified intermediary (QI) and they enter into an agreement. The investment property is placed on the market. An offer to purchase the investment property is accepted and signed by the QI. Escrow for the sale is opened, and a preliminary title report is produced.

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