RECENT BLOG POSTS
Leading Qualified Intermediary, Accruit, Grows Their Footprint with New Hires in Montana and Florida
Accruit, a leading, national Qualified Intermediary for 1031 exchanges and developer of the patented, 1031 exchange technology Exchange Manager ProSM, announces the ...
Is Early Release of Exchange Funds Possible Under 1031 Exchange Rules?
There are times when a taxpayer acting in good faith may seek to receive a return of his deposit while ...
BHX 1031 Exchange Experiences Increased 1031 Exchange Volume since Implementing Exchange Manager Pro(SM)
BHX 1031 Exchange implemented the patented 1031 exchange workflow technology, Exchange Manager ProSM, in mid-January 2022 and has seen a 50% increase in 1031 exchange ...
The Same Taxpayer Requirement in a 1031 Tax Deferred Exchange
1031 like-kind exchange
What is the same taxpayer rule in a 1031 like-kind exchange, and in what instances can a taxpayer change ownership while ...
1031 Exchange Rules for Vacation Homes, Primary Residences, and Mixed Use Properties
A variety of circumstances must be considered when exchanging property that may have been or will be a principal residence ...
Qualia FORES22 Debut of Exchange Manager Pro(SM)
Exchange Manager Pro(SM) by Accruit attended and co-sponsored the Qualia FORES22 Conference in Austin, Texas. Our team had the ...
IRC Section 1031 Exchange Qualified Use Requirements
Does your property meet the productive use or qualified use requirement for a 1031 exchange? Here are examples of those that ...
1031 Drop and Swap out of a Partnership or LLC
A drop and swap is a practice allowing a subset, or portion, of a partnership or LLC to engage in ...
Does Little to No Gain on an Investment Property Mean No Need for a 1031 Exchange?
Deciding whether or not to do a 1031 Exchange when large gains are involved is a simple answer, YES! But, a 1031 ...
1031 Tax Deferred Exchanges Between Related Parties
The Related Party rules amend section 1031 of the tax code to prevent taxpayers from using a related party to abuse ...
1031 Exchanges for Condominium Deconversions
Condominium decoversions are increasingly popular in urban areas, such as Chicago, due to the increasing need for rental properties. Special ...
Cash Out Refinance Before or After a 1031 Exchange?
capital gains tax
Taxpayers sometimes wish to generate some cash on or around the time of selling relinquished property as the first leg ...