Learn how to use Form 8949 to report direct profit from a sale in which a 1031 Exchange was used.
Learn how to use Form 4797 to report gains realized in the event of recaptured profit from an exchange.
Learn how to report like-kind exchanges on your tax return with Form 8824.
Learn more about how to report tax withholdings on real estate sales in the state of California with the 593 Form.
Learn the basics of the 1031 Exchange Document.
Ask yourself these critical questions to determine if a 1031 Exchange is right for you.
Follow these guidelines when deciding whether your properties (or prospective properties) qualify for a tax-free 1031 Exchange.
Learn how to use your IRA to improve the efficiency and profitability of your 1031 Exchange.
Use our 1031 Exchange Planning checklist to ensure that when you apply for a 1031 Exchange, your paperwork and assets are IRS compliant and optimized for exchange efficiency.
Use our 1031 Exchange Qualification checklist to determine whether your property qualifies for exemption from capital gains tax.
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Plenti Financial™ is a trade name of 1031 Exchange Advantage®. 1031 Exchange Advantage™ is a trade name of 1031 EA, LLC and is not a licensed broker. 1031 EA, LLC is a division of Plenti Financial and is the accommodator for a 1031 Exchange as required by the IRS. 1031 EA, LLC does not provide, brokerage, legal or accounting services and is simply a Qualified Intermediary under the IRS code. It therefore is not providing any services other than accommodation services and clients and prospects are advised to confirm all tax, legal, accounting and real estate investment decisions with their professionals such as their accountant or attorney.
A 1031 exchange is a method of tax deferral upon the sale of investment real estate. However, the decision to pay or not pay accumulated and/or deferred taxes is up to the taxpayer, who has control over whether transactions are completed tax-deferred, or tax-free! If an exchanger should decide to continue exchanging into investment property of same or greater value for life, and never sell investment property without utilizing a 1031 exchange, no taxes would be due on any transactions, making them tax-free! Even in the event the taxpayer dies, the taxes die with him, again making the transactions tax-free! Because the choice is up to the taxpayer, we like to say taxes in an exchange are deferred, unless you choose to sell tax-free with Plenti Financial!
