What Happens If Your 1031 Exchange Falls Through?

A 1031 exchange offers a powerful way to defer capital gains taxes when selling investment property, but it comes with strict rules and timelines. If your exchange falls through, the consequences can be costly—and in some cases, unavoidable. Knowing what to expect and how to prepare can help you navigate a failed exchange with confidence.[…] Read More

1031 Exchanges and Opportunity Zones: What Investors Need to Know

Real estate investors often look for strategic ways to grow their portfolios while minimizing tax liability. Two powerful tools available are 1031 exchanges and investments in Opportunity Zones. Each offers unique tax advantages, but they serve different purposes and follow distinct rules. Understanding how these options work can help investors make informed decisions that maximize[…] Read More

What Happens If You Miss the 45-Day Identification Window in a Florida 1031 Exchange?

Completing a 1031 exchange can be an excellent way to defer capital gains taxes while reinvesting in new property. However, the process has strict timelines that must be followed in order to preserve eligibility, such as the property identification window. One of the most important requirements is the 45-day identification window, during which you must[…] Read More

How to Find Your Cost Basis in Investment Property and Why It Matters in a 1031 Exchange

When you own an investment property, understanding your cost basis is essential. Basis is the starting point for determining your taxable gain, how much depreciation you can take, and what your tax obligations will be when you sell. It also plays a critical role in tax-deferral strategies like a 1031 exchange, where knowing your adjusted[…] Read More

Using a 1031 Exchange to Diversify Your Ohio Real Estate Portfolio

Building wealth through real estate often requires more than simply holding a single type of property. Investors in Ohio are increasingly exploring ways to broaden their holdings while deferring capital gains taxes. One of the most powerful tools for achieving this goal is a 1031 exchange. By using a 1031 exchange, investors can sell one[…] Read More