Category Archives: 1031 Exchange

1031 Exchange- What Closing Costs Are Deductible?

One of the most frequently asked questions from clients planning a 1031 Exchange is, “Can I use my exchange funds to pay for closing costs without being taxed”? Although surprisingly little guidance is available in the tax code, there are … Continue reading

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1031 Exchange & Tax Season

Tax season is quickly approaching.  If you completed a 1031 Exchange in 2018 you will need to file Form 8824 to report the 1031 Exchange. Form 8824 requires that you simply provide the IRS with details about your 1031 Exchange … Continue reading

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