IRS 1031 Exchange Rules: Requirements, Timeline, and Guidelines

[@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.

[@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!

[@ericfitucci]

Great video! Simply explained 1031 exchange.

[@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.

[@lorenzolopez2939]

Great information! Thank you!

[@dogalga2576]

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

[@IntrovertedArabi]

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?

[@abluee2298]

What are class C D properties?

[@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!