Longhorn 1031 Exchanges
THE AUTHORITY IN 1031 EXCHANGES
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Longhorn 1031 What are the rules for identifying a replacement property?
Let’s address a very common question that arises about what are the rules I need to follow when identifying replacement...
Longhorn 1031 What is the same taxpayer rule?
Let’s address a very common question that arises about under what name you need to purchase your replacement property. Let’s...
Longhorn 1031 What is debt reduction or mortgage boot in a 1031 exchange?
Let’s address a situation where the mortgage or debt on your replacement property is lower than the mortgage or debt...
Longhorn 1031 What happens if my partner is unable to sign on behalf of the entity?
Let’s address a question about when your partner is unable to sign on behalf of the entity, what happens then?...
Longhorn 1031 How long should I wait to do another 1031 Exchange?
Let’s address a very common question that arises after you purchase your replacement property, let's say you've recently completed a...
Longhorn 1031 Can I do a 1031 exchange on my second/vacation home?
Let’s address the question of whether you can do a 1031 exchange on your second or vacation home in Houston...
Longhorn 1031 Can I do a 1031 exchange if my partners do not want to?
Now let’s address a situation where you own a property, in Houston, Texas, under an entity with three other partners,...
Longhorn 1031 Can I buy my replacement property from a relative or entity that I am a part of?
To address a very common question regarding 1031 exchanges, the question comes up that: Can I do a 1031...
Longhorn 1031 Can I purchase my replacement property from a foreclosure event?
When doing a 1031 exchange, a lot of folks tend to explore different avenues of acquiring replacement properties in a...
Longhorn 1031 Can I 1031 exchange into a replacement property of lower value?
Suppose you sell a relinquished property for approximately $300,000.00. Can you purchase a replacement property that is valued at $250,000.00...