Tag: 1031 Exchange
-
The Step-Up in Basis: A Tax Benefit Worth Understanding for Long-Term Investors
Among the tax advantages associated with real estate investing, the step-up in basis is one of the most significant for investors thinking about legacy and long-term wealth transfer. It doesn’t affect your returns during your lifetime — but it can have an enormous impact on what your heirs ultimately receive. Here’s how it works. What…
-
What Is a 1031 Exchange? What Passive Real Estate Investors Need to Know
A 1031 exchange is one of the more powerful tools in real estate investing — and one of the more misunderstood. For passive investors, it’s worth understanding both what it can do and where its limits are. This is a topic where the details matter a great deal, and where professional tax planning tends to…