Understanding Basis in a 1031 Exchange

Understanding Basis in a 1031 Exchange

When discussing 1031 exchanges, the concept of ‘basis’ becomes crucial. But what does it mean in the context of a 1031 exchange? Essentially, the basis of the replacement property acquired in a 1031 exchange is the same as the basis of the relinquished property, subject to certain adjustments. This basis carries over from your old […]

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1031 Exchange Eligibility and Key Requirements

1031 Exchange Eligibility

Diving into the intricacies of 1031 Exchanges requires a thorough understanding of its requirements, given its role as a strategic tool for deferring taxes on real estate investments. Key to leveraging this tax-deferral mechanism effectively is ensuring that the participating entity is a taxpayer in the United States, encompassing a wide range of entities such […]

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Estate planning using DSTs

Considerations for using a Delaware Statutory Trust in estate planning A Delaware Statutory Trust (DST) is a legal entity that can be used for various purposes, including real estate investments and, in some cases, estate planning. When it comes to estate planning, DSTs are often employed in the context of 1031 exchanges, which allow individuals […]

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