EP 09 - Unraveling the Mystery of 1031 Exchanges – “Failed 1031 Exchanges”

3 years ago
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Unraveling the Mystery of 1031 Exchanges – “Failed 1031 Exchanges”

1031 Exchange transactions are complex and confusing. We demystify what happens when a 1031 Exchange transaction is not completed. Discussion includes: When is a failed 1031 Exchange taxable? What taxes will be due when a 1031 Exchange fails? Are there any penalties for a failed 1031 Exchange? Can a partial 1031 Exchange qualify? Is there any way that I can still defer my taxes if I can’t complete my 1031 Exchange?

Email your 1031 Exchange questions to ASK@exeterco.com and we’ll address them in our next episode.

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