SlideShare a Scribd company logo
1 of 10
Essential Knowledge for Tax Deferred Exchange Jason Pastucha, REALTOR 2008
Tax Deferred Gains in Exchange ,[object Object],BASIS Purchase Price Sales Price CAPITAL GAIN (15% TAX) RECAPTURE  (25% TAX) DEPRECIATION ADJUSTED BASIS TIME GAIN
IRC Section 1031 ,[object Object]
Exchange Requirements ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exchange Parties ,[object Object],Qualified Intermediary Exchanger Buyer Seller Sale Proceeds Purchase Funds Contract Rights Title In Title Out
Qualified Intermediary Safe Harbor ,[object Object],[object Object],[object Object],[object Object]
Exchange Time Requirements 45 Day Identification Period   180 Day Exchange Period The 45 day identification and the 180 day acquisition timelines both begin on the closing of the sale of relinquished property  Non-simultaneous=Relinquish and Replacement
“BUY to HOLD” = Exchange ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax Deferred in 1031 Exchange BASIS $30,000 $50,000 Purchase Price $150,000 Sales Price CAPITAL GAIN (15% TAX) RECAPTURE  (25% TAX) DEPRECIATION ADJUSTED BASIS $100,000 $70,000 $80,000 Gains are Tax Deferred, $30k Recapture + $50K CapGains *Deferring payment of $15,000 in taxes Time
Deferment of Taxable Gain ,[object Object],[object Object]

More Related Content

What's hot

Structuring and Planning the M&A Transaction
Structuring and Planning the M&A TransactionStructuring and Planning the M&A Transaction
Structuring and Planning the M&A TransactionFinancial Poise
 
Executive Summary
Executive SummaryExecutive Summary
Executive SummaryFranCnsult
 
Labarge weinstein founder fuel - feb 18 2014
Labarge weinstein   founder fuel - feb 18 2014Labarge weinstein   founder fuel - feb 18 2014
Labarge weinstein founder fuel - feb 18 2014FounderFuel
 
land for sale Miami
land for sale Miamiland for sale Miami
land for sale MiamiAllen John
 
M A Broker Proposal Benefits 2-8-2010 (2)
M  A Broker Proposal Benefits 2-8-2010 (2)M  A Broker Proposal Benefits 2-8-2010 (2)
M A Broker Proposal Benefits 2-8-2010 (2)MidMarket Place
 
Buying & Selling Distressed Businesses
Buying & Selling Distressed BusinessesBuying & Selling Distressed Businesses
Buying & Selling Distressed BusinessesAlexReedBrewer
 
Notes On Tax Structuring Or Planning
Notes On Tax Structuring Or PlanningNotes On Tax Structuring Or Planning
Notes On Tax Structuring Or PlanningS. W. Leung
 
Exit strategy summary
Exit strategy summaryExit strategy summary
Exit strategy summaryjeffgoldb
 
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...TALiNT Partners
 
Startup Loans 20140226
Startup Loans 20140226Startup Loans 20140226
Startup Loans 20140226jmjm1663
 
Commercial invoice VS Proforma invoice
Commercial invoice VS Proforma invoiceCommercial invoice VS Proforma invoice
Commercial invoice VS Proforma invoicevishalmathur
 
How to Raise your Series A
How to Raise your Series AHow to Raise your Series A
How to Raise your Series AElliot O'Connor
 
Process of evaluating an existing business
Process of evaluating an existing businessProcess of evaluating an existing business
Process of evaluating an existing businessEja Halim
 
Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Betty Kincaid
 
Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Betty Kincaid
 
How CPAs Can Add Value in the Sale of Business
How CPAs Can Add Value in the Sale of BusinessHow CPAs Can Add Value in the Sale of Business
How CPAs Can Add Value in the Sale of Businesslerchearly
 
Howard Capital Management Sponsor Announcement
Howard Capital Management Sponsor AnnouncementHoward Capital Management Sponsor Announcement
Howard Capital Management Sponsor AnnouncementThe 401k Study Group ®
 
A Roadmap To A Successful 1031 Exchange
A Roadmap To A Successful 1031 ExchangeA Roadmap To A Successful 1031 Exchange
A Roadmap To A Successful 1031 ExchangeSolid Rock Wealth
 
Selling Your Business
Selling Your BusinessSelling Your Business
Selling Your BusinessWayne Booker
 

What's hot (20)

Structuring and Planning the M&A Transaction
Structuring and Planning the M&A TransactionStructuring and Planning the M&A Transaction
Structuring and Planning the M&A Transaction
 
Executive Summary
Executive SummaryExecutive Summary
Executive Summary
 
Labarge weinstein founder fuel - feb 18 2014
Labarge weinstein   founder fuel - feb 18 2014Labarge weinstein   founder fuel - feb 18 2014
Labarge weinstein founder fuel - feb 18 2014
 
land for sale Miami
land for sale Miamiland for sale Miami
land for sale Miami
 
M A Broker Proposal Benefits 2-8-2010 (2)
M  A Broker Proposal Benefits 2-8-2010 (2)M  A Broker Proposal Benefits 2-8-2010 (2)
M A Broker Proposal Benefits 2-8-2010 (2)
 
Buying & Selling Distressed Businesses
Buying & Selling Distressed BusinessesBuying & Selling Distressed Businesses
Buying & Selling Distressed Businesses
 
Notes On Tax Structuring Or Planning
Notes On Tax Structuring Or PlanningNotes On Tax Structuring Or Planning
Notes On Tax Structuring Or Planning
 
Exit strategy summary
Exit strategy summaryExit strategy summary
Exit strategy summary
 
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...
The Real World of M&A – What it Takes to Get a Deal Done Philip Ellis, Direct...
 
8 steps to buying a business
8 steps to buying a business8 steps to buying a business
8 steps to buying a business
 
Startup Loans 20140226
Startup Loans 20140226Startup Loans 20140226
Startup Loans 20140226
 
Commercial invoice VS Proforma invoice
Commercial invoice VS Proforma invoiceCommercial invoice VS Proforma invoice
Commercial invoice VS Proforma invoice
 
How to Raise your Series A
How to Raise your Series AHow to Raise your Series A
How to Raise your Series A
 
Process of evaluating an existing business
Process of evaluating an existing businessProcess of evaluating an existing business
Process of evaluating an existing business
 
Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Math, Math. (And only then, Location)
Math, Math. (And only then, Location)
 
Math, Math. (And only then, Location)
Math, Math. (And only then, Location)Math, Math. (And only then, Location)
Math, Math. (And only then, Location)
 
How CPAs Can Add Value in the Sale of Business
How CPAs Can Add Value in the Sale of BusinessHow CPAs Can Add Value in the Sale of Business
How CPAs Can Add Value in the Sale of Business
 
Howard Capital Management Sponsor Announcement
Howard Capital Management Sponsor AnnouncementHoward Capital Management Sponsor Announcement
Howard Capital Management Sponsor Announcement
 
A Roadmap To A Successful 1031 Exchange
A Roadmap To A Successful 1031 ExchangeA Roadmap To A Successful 1031 Exchange
A Roadmap To A Successful 1031 Exchange
 
Selling Your Business
Selling Your BusinessSelling Your Business
Selling Your Business
 

Similar to tax deferred exchange 1031

Creating Assets From Liabilities
Creating Assets From LiabilitiesCreating Assets From Liabilities
Creating Assets From Liabilitieskwillissmith
 
Section 1031 For Clients
Section 1031 For ClientsSection 1031 For Clients
Section 1031 For ClientsEdmund_Wheeler
 
Power Of Strategy1031 Strategies
Power Of Strategy1031 StrategiesPower Of Strategy1031 Strategies
Power Of Strategy1031 Strategiesatlbill
 
Irc1031 tax deferred exchange details
Irc1031 tax deferred exchange detailsIrc1031 tax deferred exchange details
Irc1031 tax deferred exchange detailsshkmr
 
S1031 re 5.6.13 vt realtors 2013
S1031 re   5.6.13 vt realtors 2013S1031 re   5.6.13 vt realtors 2013
S1031 re 5.6.13 vt realtors 2013Edmund_Wheeler
 
1031 Exchange - Agent Plus Realty
1031 Exchange - Agent Plus Realty1031 Exchange - Agent Plus Realty
1031 Exchange - Agent Plus RealtyAgent Plus Realty
 
Snowbirding 101 Ep 03: 1031 exchange information
Snowbirding 101 Ep 03: 1031 exchange informationSnowbirding 101 Ep 03: 1031 exchange information
Snowbirding 101 Ep 03: 1031 exchange informationBill Butler
 
1031 Exchange Guide for Real Estate Professionals
1031 Exchange Guide for Real Estate Professionals1031 Exchange Guide for Real Estate Professionals
1031 Exchange Guide for Real Estate ProfessionalsTom Blefko
 
Using Like-Kind Exchanges after the TCJA
Using Like-Kind Exchanges after the TCJAUsing Like-Kind Exchanges after the TCJA
Using Like-Kind Exchanges after the TCJACBIZ, Inc.
 
Your Guide to the 1031 Exchange
Your Guide to the 1031 ExchangeYour Guide to the 1031 Exchange
Your Guide to the 1031 Exchangeeselvidge
 
Tlc presenatation
Tlc presenatationTlc presenatation
Tlc presenatationmanishmsk
 
1031 Exchange - Introduction for Investment Real Estate Professionals
1031 Exchange - Introduction for Investment Real Estate Professionals1031 Exchange - Introduction for Investment Real Estate Professionals
1031 Exchange - Introduction for Investment Real Estate ProfessionalsJacob Robertson
 
The Power of Section 1031 for Accounting Professionals
The Power of Section 1031 for Accounting ProfessionalsThe Power of Section 1031 for Accounting Professionals
The Power of Section 1031 for Accounting ProfessionalsEdmund_Wheeler
 
Looking at a 1031 exchange
Looking at a 1031 exchangeLooking at a 1031 exchange
Looking at a 1031 exchangeMel Feller
 
Section 1031 Exchange - The Basics
Section 1031 Exchange - The BasicsSection 1031 Exchange - The Basics
Section 1031 Exchange - The Basicskentharp
 

Similar to tax deferred exchange 1031 (20)

Creating Assets From Liabilities
Creating Assets From LiabilitiesCreating Assets From Liabilities
Creating Assets From Liabilities
 
Section 1031 For Clients
Section 1031 For ClientsSection 1031 For Clients
Section 1031 For Clients
 
Power Of Strategy1031 Strategies
Power Of Strategy1031 StrategiesPower Of Strategy1031 Strategies
Power Of Strategy1031 Strategies
 
Irc1031 tax deferred exchange details
Irc1031 tax deferred exchange detailsIrc1031 tax deferred exchange details
Irc1031 tax deferred exchange details
 
1031 exchange basics
1031 exchange basics1031 exchange basics
1031 exchange basics
 
40 Minute Indiana
40  Minute  Indiana40  Minute  Indiana
40 Minute Indiana
 
S1031 re 5.6.13 vt realtors 2013
S1031 re   5.6.13 vt realtors 2013S1031 re   5.6.13 vt realtors 2013
S1031 re 5.6.13 vt realtors 2013
 
1031 Exchange - Agent Plus Realty
1031 Exchange - Agent Plus Realty1031 Exchange - Agent Plus Realty
1031 Exchange - Agent Plus Realty
 
Nas 18 revenue
Nas 18 revenueNas 18 revenue
Nas 18 revenue
 
Snowbirding 101 Ep 03: 1031 exchange information
Snowbirding 101 Ep 03: 1031 exchange informationSnowbirding 101 Ep 03: 1031 exchange information
Snowbirding 101 Ep 03: 1031 exchange information
 
1031 Exchange Guide for Real Estate Professionals
1031 Exchange Guide for Real Estate Professionals1031 Exchange Guide for Real Estate Professionals
1031 Exchange Guide for Real Estate Professionals
 
Deferred Exchange Presentation MWH 5-18
Deferred Exchange Presentation MWH 5-18Deferred Exchange Presentation MWH 5-18
Deferred Exchange Presentation MWH 5-18
 
Using Like-Kind Exchanges after the TCJA
Using Like-Kind Exchanges after the TCJAUsing Like-Kind Exchanges after the TCJA
Using Like-Kind Exchanges after the TCJA
 
Your Guide to the 1031 Exchange
Your Guide to the 1031 ExchangeYour Guide to the 1031 Exchange
Your Guide to the 1031 Exchange
 
Tlc presenatation
Tlc presenatationTlc presenatation
Tlc presenatation
 
1031 Exchange - Introduction for Investment Real Estate Professionals
1031 Exchange - Introduction for Investment Real Estate Professionals1031 Exchange - Introduction for Investment Real Estate Professionals
1031 Exchange - Introduction for Investment Real Estate Professionals
 
The Power of Section 1031 for Accounting Professionals
The Power of Section 1031 for Accounting ProfessionalsThe Power of Section 1031 for Accounting Professionals
The Power of Section 1031 for Accounting Professionals
 
Looking at a 1031 exchange
Looking at a 1031 exchangeLooking at a 1031 exchange
Looking at a 1031 exchange
 
1031 Tax Exchange Slides
1031 Tax Exchange Slides1031 Tax Exchange Slides
1031 Tax Exchange Slides
 
Section 1031 Exchange - The Basics
Section 1031 Exchange - The BasicsSection 1031 Exchange - The Basics
Section 1031 Exchange - The Basics
 

Recently uploaded

Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesMarketing847413
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfAdnet Communications
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designsegoetzinger
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptxFinTech Belgium
 

Recently uploaded (20)

Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast Slides
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
 

tax deferred exchange 1031

  • 1. Essential Knowledge for Tax Deferred Exchange Jason Pastucha, REALTOR 2008
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7. Exchange Time Requirements 45 Day Identification Period 180 Day Exchange Period The 45 day identification and the 180 day acquisition timelines both begin on the closing of the sale of relinquished property Non-simultaneous=Relinquish and Replacement
  • 8.
  • 9. Tax Deferred in 1031 Exchange BASIS $30,000 $50,000 Purchase Price $150,000 Sales Price CAPITAL GAIN (15% TAX) RECAPTURE (25% TAX) DEPRECIATION ADJUSTED BASIS $100,000 $70,000 $80,000 Gains are Tax Deferred, $30k Recapture + $50K CapGains *Deferring payment of $15,000 in taxes Time
  • 10.