Occasionally, I receive a phone call asking when is it too late to initiate a 1031 exchange explaining they have not deposited the check received at the closing. Another example is when the potential exchangor bought a property two weeks ago and wants to do a reverse 1031 exchange. These are all...Read More

Hospitals and medical clinics can defer capital gain when selling and replacing equipment through a 1031 exchange. The equipment is personal property and any personal property used in a business is eligible for 1031 consideration. The types of equipment includes: Bed,...Read More