enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Internal Revenue Code section 1031 - Wikipedia

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

   A 1031 exchange is similar to a traditional IRA or 401(k) retirement plan. When someone sells assets in tax-deferred retirement plans, the capital gains that would otherwise be taxable are deferred until the holder begins to cash out of the retirement plan. The same principle holds true for tax-deferred exchanges or real estate investments.

3. 1031 Exchange Rules: Deadlines, Benefits and How to Qualify - AOL

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

   A 1031 exchange is a real estate transaction where you trade a business-use property or one held as an investment property for a "like kind" property. 1031 Exchange Rules: Deadlines, Benefits and ...

4. 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 ...

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. Tenants in common 1031 exchange - Wikipedia

   en.wikipedia.org/.../Tenants_in_common_1031_exchange

   Tenants in common 1031 Exchange is a form of real estate asset ownership in the United States in which two or more persons have an undivided, fractional interest in the asset, where ownership shares are not required to be equal, and where ownership interests can be inherited. Each co-owner receives an individual deed at closing for his or her ...

7. What Is a 1031 Exchange? - AOL

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

   Knowing the 1031 exchange rules helps you save on taxes.

8. Qualified intermediary - Wikipedia

   en.wikipedia.org/wiki/Qualified_Intermediary

   The role of a QI is defined in Treas. Reg. §1.1031(k)-1(g)(4). Under IRC Section 1031 an owner of business or investment property may exchange that property for other like-kind property within a statutorily mandated period of time, and defer current recognition of gain on the sale of the old property.

9. Capital Gains Tax Rates for 2024-2025 - AOL

   www.aol.com/capital-gains-tax-rates-2023...

   As an example, if you purchased a vintage dining set in 2010 for $500 and sold it in 2024 for $2,500, you have a capital gain of $2,000. If you and your spouse file together and earned a total of ...