Five 1031 Exchange Rules to Know
Dive into the 5 key rules of a 1031 exchange in this video. Learn how this tax strategy benefits real estate investors, from understanding net selling prices to utilizing a qualified intermediary, plus much more! Check out this link to learn more: https://getequity1031.com/ #1031exchange #realestateinvesting #1031explained 0:00 Intro 0:06 - Understanding what a 1031 Exchange Is 0:30 - Rule 1: Net Selling Price explained 1:57 - Rule 2: Qualifying properties for exchanges 2:30 - Rule 3: The importance of using a Qualified Intermediary 3:30 - Rule 4: The 45-Day Identification Rule 4:40 - Rule 5: The 180-Day Closing Requirement 5:30 - Special Case: Reverse 1031 Exchanges
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