3 Aug 2016

1031 Exchange – Related Party Transaction

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1031 Exchange – Related Party Rules Exchange of property between related parties. There is a special rule for exchanges between related parties (IRC ยง1031(f)) which requires related taxpayers exchanging property with each other to hold the exchanged property for at … Read More
27 Jul 2016

Combining Section 1031 and Section 121 Conversion to Primary Residence.

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Can we convert our investment property after completing a 1031 exchange into our Primary Residence? Taxpayers owning rental property acquired in a 1031 exchange may convert the property from a rental to their primary residence. When the decision is made … Read More