You are here: DIME Home > Real Estate > Section 1031 Exchanges For San Diego Real Estate Investors


Section 1031 Exchanges For San Diego Real Estate Investors

When a San Diego Real Estate investor sells San Diego Real Estate, a capital gains tax is recognized, along with a tax on deprecation recapture.

Author: Don Sluhocki
Date: Aug 14, 2011 - 12:00:15 AM


Printer FriendlyPrinter friendly page

When a San Diego Real Estate investor sells San Diego Real Estate, a capital gains tax is recognized, along with a tax on deprecation recapture. The regular capital gains tax, deprecation recapture, and any applicable state tax could often outcome in a tax liability in the 20% to 25% variety for the sale of San Diego Real Estate. (If the San Diego Real Estate has been held for less than 12 months, all of the gain will be taxed at a great deal higher short term capital gains rates.)

A Section 1031 exchange, named for the applicable section of the Internal revenue Code (also known as a Starker Exchange, Tax Free Exchange, or Like-Kind exchange), allows an investor to defer all tax on the sale of San Diego Real Estate if the San Diego Real Estate is replaced with other San Diego Real Estate pursuant to a detailed set of principles.

The replacement property must be identified within 45 days of the sale of the relinquished home. (1) The replacement home must be purchased within 180 days of the sale of the relinquished house. (2) The replacement house must have a purchase cost at least as wonderful as the relinquished dwelling, otherwise some tax will be recognized. (3) All of the cash proceeds from the sale of the relinquished property, less any debt repayment and costs of the sale, must be reinvested in the replacement property. (4) All of the cash proceeds from the sale of the relinquished dwelling must be held by a accredited Intermediary, which is anyone or institution with whom the investor has not recently conducted other business. The investor must not have any access to the cash while it is being held. (5) The titleholder of the relinquished dwelling must be the identical as the purchaser of the replacement dwelling. (6) The sale or purchase of a partnership interest does not qualify for a Section 1031 exchange, except under a few limited set of circumstances. (7) The relinquished dwelling cannot have been classified as inventory, such as condominiums built by the investor, or lots in a subdivision which was subdivided by the investor.

If these principles are followed, San Diego Real Estate investors could sell current San Diego Real Estate holdings and replace them with other properties. A Section 1031 transaction is an excellent way for a retiring San Diego Real Estate investor to convert actively managed buildings into passive premises, such as triple net leased properties.

All in all, there is no greater, safer and easier way to search for a house or to sell one than on the web as the internet has a lot to offer in the San Diego Real Estate marketplace and it is swiftly developing online. The on the net segment of the industry is growing more and more every day and thus improving your chances for a profitable invest in/sell. In case you need more suggestions you should contact San Diego realtors to assist you in the procedure.

All in all, there is no greater, safer and easier way to search for a house or to sell one than on the web as the internet has a lot to offer in the San Diego Real Estate marketplace and it is swiftly developing online. The on the net segment of the industry is growing more and more every day and thus improving your chances for a profitable invest in/sell. In case you need more suggestions you should contact San Diego realtors to assist you in the procedure.



View all articles by Don Sluhocki

Link to this article:

Code to copy: <a href="http://www.dime-co.com/real-estate/Section-1031-Exchanges-For-San-Diego-Real-Estate-Investors.shtml">Section 1031 Exchanges For San Diego Real Estate Investors</a>




Related Articles...

Tampa Bay Real Estate

Jul 14, 2011 - 6:00:53 PM

The Greater Tampa Association of Realtors Market Report shows a total of 1958 properties (single family homes, condos, villas, and townhomes) sold in the month of June, down only 1% from last month. However when compared to June of 2010 this represents a decline of nearly 11%. Properties less than $50,000 continue to take up the bulk of the market as investors come in to buy up these great deals. They accounted for 17.5% of sales or 342 properties. Properties priced between $200,000-$249,999 represented 9% or 173 sales. The lowest segment to move were homes priced between $800,000-$899,999 with three units sold or .15% of market share.... [Read the full story]

Where To Start When Buying A House

Jul 13, 2011 - 3:44:21 PM

On the subject of the acquisition of a brand new home, there can be a whole lot of confusion, especially if this is your very first property. Among the best possible things you are able to do for your self is to make sure that you are getting the absolute best head start. So many individuals wait till they're in the middle of the home purchase before they start to worry about their credit. Your credit score is the very first thing you want to look into before you begin taking a look at potential homes for yourself. This gives you enough time to correct any mistakes that might be found in your credit score report. If you do not find out about such errors... [Read the full story]

10 Things To Look For In A Real Estate Agent

Jun 22, 2011 - 9:19:02 AM

Whether it's your first time or fifth time, buying a home is a huge life change. Having a great real estate agent is paramount in making the purchase as easy and enjoyable as possible. So what determines a great real estate agent? This list of ten qualities shows some of the characteristics every home buyer should look for.... [Read the full story]

Toronto Lofts.

Jun 6, 2011 - 7:41:21 AM

If you have been searching for a good lofts and condos in the downtown area of Toronto, TorontoUrbanReality.com is your guide to it. The lofts listed by us in several sought-after locations in Toronto are a resource for people to check out the places which will suit them.... [Read the full story]


Newest Articles in Popular Topics:

Business & Marketing Computers & the Internet Entertainment Health & Fitness
Finding Ways To Save Money And Maximize Revenue In Business
Cooper's Golf Park Tees Off Their New Website
Fiinovation Adjudged CSR Team of the Year & Caring Company at World CSR Day
Reasons Why Kale Realty is the Best Real Estate Firm in All of Chicago
Montreal Tech Startup Kangaroo Rewards Launches Mobile Loyalty Program for Local Merchants
It is time we break out of the SEO Shelter
3 Strong Reasons You Should Start Your Own Blog
Evolve Your Career With CompTIA A+ Certification Exam
High speed VMware Backups - Powered by UltraBlaze() from Vembu
Things to Consider When Selecting a Domain Name for Your Website
Fling Boom "Launches" This Holiday Season
Beautiful Abstract Canvas Art is Up for Grabs
Buying Art as a Gift: Tips From an Expert
Complete Guide to the 2014 Gatlinburg Fine Arts Festival Released by Jackson Mountain Homes
Learn Blues Music Online-Alternative to Traditional Piano Lessons
Avoid This Weight Loss Killer
Recognizing the Causes and Symptoms of Bladder Cancer in Women
Four Reasons to Consider Permanent Tattoo Removal
Three Types of Hormone Replacement Therapy and Why They Are Needed
Causes and Treatment of Acne

Home & Family

Shopping

Sports

Travel
Enhance Your Learning Experience Through Best Responsive Elearning Development Tools
Best Apps for Learning German
Esvees is Cranbourne's Elite Hair Dressing Company
Ozone Generator
Practical Tips When Choosing Gates and Gate Openers for Your Home or Business
Why Cases are Required for Mobile Phones?
Are Dealership Services Worth It?
2015 Jeep Grand Cherokee Named Must-Shop SUV for Towing from AutoTrader.com
Online Selling With An Appraisal Advantage
Macsome AudioBook Converter released New Version V2.0.4
Aditi Ashok signs off with a double
Softball Coaching: Avoid Becoming A Nattering Nabob of Negativity
Softball Coaching Tips - The Funnel Approach
Pick Up Specialized Advice on Jumping Exercises Which Are Highly Effective
Vertical Jump Training Tactics to Increase Your Athletic Performance
Tips for Choosing the Right Paris Short Lets
Hostels - the best choice for working womens and college students
Perfect holiday? Book a cruise and sail in Croatia!
Say Aloha to Your Best Vacation Ever with Kohala Coast Properties
The Perfect Guide for a Fantastic Family Trip to Kansas City

 



Follow & Share Your Favorite Video Articles

Tell a Friend About This Site



Chamber of Commerce - on the Web logo



Subscribe to the eMarket SmartsTM Newsletter in order to keep up to date with what's happening with dime-co.com, get the emails on new video articles, featured articles, and more. Your privacy is always protected. We never rent, sell or trade your private information

:
:

Service provided by GetResponse Autoresponders


Recommended Associates


Latest Articles in All Categories


Putting Up a Small Commercial Printing Business
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now
Meditation and Mindfulness: Dealing With Emotion
CPA Websites: Five Essential Ideas for Composing Convincing Articles
Set Goals In Order to Come Up With Your Action Plan
Is the Air in Your Home Safe to Breathe?
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod
Section 1031 Exchanges For San Diego Real Estate Investors
Phoenix Real Estate Investing For Highest Possible Earnings
Legendary are the Volk Racing TE37 Wheels
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study
What are step down transformers?
Introducing Sharehype, the Revolutionary Tool for Online Marketers
Rewards To Shopping For Austin Real Estate On The Web
Hydroponics for Beginners



Do you write?

Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.

Dime-co.com Home
  • Business (9328)
  • Computers & The Internet (5740)
  • Entertainment (1348)
  • Family (958)
  • Finance (1963)
  • Health (4246)
  • Home and Living (6670)
  • Marketing (6113)
  • Shopping & Product Reviews (2624)
  • Sports (694)
  • Travel and Vacations (1689)
  • Video Articles (1)
  • Editors Pick (1)