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Tag Archives: Gain without Boot

Why does my 1031 Exchange show a gain even if I didn’t have any boot?

Wednesday, January 19, 2011

In a 1031 exchange, you can still have a even if you have no boot at all! Very few know this rule but it is possible to to trigger the entire recapture as ordinary income even if you do not recognize gain figured under the regular exchange rules. Recapture income will be recognized if the [...]

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In a 1031 Exchange, can I have a gain even if I don’t have any boot?

Saturday, January 1, 2011

YES! Believe it or not. Many people don’t know or even realize them, some pros may not know it as well. It is possible, in a 1031 exchange, to recognize gain even if not one cent of boot is received! There’s a little-known rule that can cause you to trigger the entire recapture as ordinary [...]

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