The Legal Risks of a DIY 1031 Exchange Without a Qualified Intermediary in Ohio

A 1031 exchange can be one of the most powerful tax-deferral tools available to Ohio real estate investors. When used correctly, Section 1031 of the Internal Revenue Code allows you to defer capital gains taxes when you sell investment property and reinvest in qualifying like-kind real estate. However, executing a 1031 exchange is not as[…] Read More

Top Mistakes Investors Make in a 1031 Exchange for Pennsylvania

Investors across Pennsylvania often turn to 1031 exchanges as a powerful tool to defer capital gains taxes when selling investment properties. However, despite the potential financial advantages, these transactions are complex and highly regulated. A single mistake can disqualify the exchange and result in unexpected tax liabilities. Misunderstanding What Qualifies as Like-Kind Property One of[…] Read More

Can I Keep a Percentage of the Funds From a 1031 Exchange?

A 1031 exchange offers real estate investors the opportunity to defer capital gains taxes by reinvesting proceeds from the sale of an investment property into a new, like-kind property. The process can significantly enhance an investor’s ability to build wealth through real estate by keeping capital working for future growth. However, many property owners wonder[…] Read More