The First Thing to Remember About 1031s---Plan Them
The planning of a 1031 property exchange should best begin NOT at the time that a 1031 property exchange is needed, but way back when any and all of the involved properties were acquired.
That's because you need to schedule the time that a property will qualify itself as an "income property" so that it can justly and legally merit you a 1031 deferment of your capital gains taxes.
You can find much orange county 1031 information on my 900-page web site ......
And be sure to visit the 1031 property exchange section of my 900-page web site at:
south orange county real estate
So over the next year, I will be posting the ins and outs of 1031 property exchanges....
Orange County California Real Estate
San Clemente Real Estate
Dana Point Real Estate
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