1031 Exchanges
A 1031 exchange is a tax-deferred exchange of real estate that will allow you to have more money to reinvest in rental real estate: you can sell your current building and buy a new one, deferring capital gains and depreciation recapture tax from the sale of the first property. We'll explain what this means. In a nutshell: Depending on the value of your property and whether or how long you have been depreciating it, you may be able to defer tens or hundreds of thousands of dollars in taxes. We will explain:
- How the 1031 exchange came to be.
- Examples of things you can exchange.
- Whether second homes and owner-occupied properties can be exchanged.
- The detailed process including timelines.
- When you may still have to pay some tax.
- And much more.
A Section 1031 exchange must be initiated before you sell and then executed along demanding timelines. You should learn how before you start.
Attendees will leave knowing whether a 1031 exchange may be right for them and if so, how to go about it.
"No Sales Pitch" Guarantee
MassLandlords offers attendees of directly managed events a "No Sales Pitch" guarantee. If a guest speaker offers services, their presentation will not discuss pricing, promotions, or reasons why you should hire them. We do not permit speakers to pay for or sponsor events. Guest speakers are chosen for their expertise and willingness to present helpful educational content. Your purchase of an event ticket sustains our nonprofit model.
Training Options
This Course may given in-person or virtually and at various times. Make sure the time and venue you pick matches your schedule. It's the same curriculum whichever option you choose.
