EP 06 - Permissible vs. Non-Permissible 1031 Exchange Expenses

Permissible vs. Non-Permissible 1031 Exchange Expenses

1031 Exchange transactions are complex and confusing. We demystify what qualifies and what doesn’t. Discussion includes a breakdown of what permissible 1031 Exchange expenses are, what non-permissible 1031 Exchange expenses are, and how to avoid creating taxable boot by inadvertently paying non-permissible 1031 Exchange expense out of your relinquished property sale proceeds?

Email your 1031 Exchange questions to ASK@exeterco.com and we’ll answer them in the next podcast.