IRS 1031 Exchange Rules: Requirements, Timeline, and Guidelines

[@BosephusP]

Wow - I have watched several 1031 videos, and this was one of the best. A lot of info in a short, quick video.

[@DoorLoop]

Thank you!

[@5citiescpa]

Great video. I am going to keep this handy to send to clients as homework before delving deeper into the concept. Great foundational video.

[@ericfitucci]

Great video! Simply explained 1031 exchange.

[@LambSood]

Beautiful video thank you!

[@lorenzolopez2939]

Great information! Thank you!

[@williamweber9422]

Nicely done. Can I sell 4 rental houses and purchase 1 rental using the 1031? Is this a limit on how many I can sell and use the 1031? Thank you in advance.

[@dogalga2576]

Thank you Sydney incredibly helpful and easy to understand, much love...

[@kornfedkustoms1548]

Great video! Im thinking of selling a carwash i own and have been looking at other businesses to buy doing this although im not sure that would work, ive always been curious about the “like in kind” wording seems vague ! I wonder if an physical commercial automotive shop property would qualify?

[@abluee2298]

What are class C D properties?

[@NoxturnalArt]

SO BUY FOR 50K AND SELL WITHIN A MONTH FOR 100K LLC IN FLORIDA HOW MUCH CAP GAIN HAVE TO PAY SINCE SHORT TERM

[@edwinolavarria595]

in calculating the adjusted basis for property being sold so as to determine the gain to defer, how do you treat an assumed mortgage by the buyer?

[@saminairfan45]

Great video but have couple of questions. My spouse selling his business and wants to buy four plex. Selling business for $500 and buying the four plex for 975K so can he make the difference with his own money or is he required to get a loan? His savings is in joint savings account so will that make a difference?

[@DoorLoop]

This would be a case for a legal professional to review. It's always best to get a lawyer or CPA involved to make sure it's done right!