Yes, you may have some tax problems here on the 1031 Exchange of this property. Under the bargain sale concept, property sold at less than fair market value is treated as a gift of the difference between the sales price and actual value. Here is an example of how it works: Mother sold land to [...]
Absolute NNN Unsubordinated She... $740,000
2.82 Acres - High Visibility Pr... $3,350,000
11.22 ACRE CORE INDUSTRIAL Vanc... $2,750,000
Original California Ranch $1,360,000
8 UNIT LOFT STYLE TOWNHOUSE BUI... $249,500
.074 ACRES ZONED GC - RETAIL LA... $560,000
Almost 10 Acres Multifamily Lan... $224,500
Model Home needs investor Build... $1,200,000
Package 34 Units $3,397,680
Commercial land for sale near P... $130,000
Three Unit Property $1,150,500
59 acre tract in rapidly growin... $239,900
4 Bedroom 2.5 bath 2 story Newe... $87,000
Rio Linda Home under 90k ATTENT... $15,511,000
Condo Bulk Sale in Multi-Famiy ... $1,400,000
12 Unit Brick Apartment Buildin... $1,050,000
Multifamily for Sale $133,900
CASH FLOW 3 PLEX PROPERTY.
- 1031 Exchange
- 1031 Exchange For Dummies
- I read that I can do a 1031 Exchange without a Qualified Intermediary. Is that possible?
- I’m a Realtor and have clients who want to do a 1031 Exchange, what do I do?
- My title company insists that I use their 1031 Exchange guy. We want to use someone else. What do we do?
45 day deadline 180 day deadline 1031 1031 construction 1031 Exchange 1031 Exchange a condo 1031 Exchange Gift 1031 Exchange rules acreage assumption of liability basis Boot capital gain Closing Costs constructive receipt cooperation clause depreciation Depreciation Recapture Fair Market Value Form 8824 fund security Gain without Boot Installment Notes IRS IRS Form 8824 land Like-kind like-kind exchange partnerships personal residence Primary Residence purchase and sale agreement qualified intermediary real estate Realtors relinquished rentals replacement replacement properties Second Home selling expenses starker exchange Time Constraints un-like property Water Rights