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No, nobody actually has a tax advantage in a 1031 exchange. The person who is exchanging one property for another similar property (to qualify for the 1031 exchange) is only postponing the taxes on the gain(s).
None whatsoever. A 1031 is only of value to the person who is selling one investment property and replacing it with a 'like kind' investment.
You can't have an exchange without exchanging property!
The seller may have no tax advantages but may have an advantage in negotiation. You know as a seller that the buyer must identify replacement property within their 45 day period from the close of the relinquished property and close within 180 days. That means you have a motivated buyer.
Unfortunately not.
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