1031 Exchange Blog
In this 1031 FAQ video, Jeff Peterson talks about the consequences of doing a partial 1031 exchange and receiving a portion of the sales proceeds. Watch more 1031 educational videos here.
Start Your 1031 Exchange: If you have questions about partial 1031 exchanges and sales proceeds, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2017 Copyright Jeffrey R. Peterson All Rights Reserved
When a property is sold, is it possible to take any of the 1031 proceeds and use them for an earnest money deposit on the replacement property? Or do all of the 1031 proceeds from the exchange property need to go to the qualified intermediary? These are very good questions that we'll answer in this article.
Yes, we can use some (or all) of the 1031 funds to make earnest money deposits.
Yes, some of the cash proceeds may go to the seller (typically at the time of closing), then this money (taxable boot) will trigger the recognition of the gain on the amount of cash received, but not on the funds that go to the qualified intermediary.
Start Your 1031 Exchange: If you have questions about earnest money and cash proceeds in a 1031 exchange, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2016 Copyright Jeffrey R. Peterson All Rights Reserved
In this 1031 FAQ video, Jeff Peterson talks about Minnesota deed tax and transfer tax in a 1031 exchange. Watch more 1031 educational videos here.
Start Your 1031 Exchange: If you have questions about Minnesota deed tax, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2016 Copyright Jeffrey R. Peterson All Rights Reserved
In this 1031 FAQ video, Jeff Peterson talks about Starker exchanges and the history of section 1031. Watch more 1031 educational videos here.
Start Your 1031 Exchange: If you have questions about Starker 1031 Exchanges, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2016 Copyright Jeffrey R. Peterson All Rights Reserved
In this 1031 FAQ video, Jeff Peterson offers a few 1031 exchange estate planning tips. Watch more 1031 educational videos here.
Start Your 1031 Exchange: If you have questions about 1031 estate planning, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2016 Copyright Jeffrey R. Peterson All Rights Reserved
