Many investors recoil at the thought of selling a piece of investment property. And they usually have a good reason, whether it’s missing out on future appreciation, having to pay a massive tax bill, or some other factor. Yet it can often make good sense to sell your property, thanks to a real estate investment alternative that simplifies your life … Read More
Do your 1031 and get Tax Free Cash Out: Kay Properties offers a way to do a 1031 Exchange and also potential to receive tax free cash back
By: Betty Friant, Senior Vice President of Kay Properties and Investments and the Kay Properties Team How to get tax free cash out of a 1031 Exchange The main driver behind any 1031 Exchange is the ability to defer the capital gains tax on the sale of a property by rolling proceeds into an eligible “like kind” replacement property. What … Read More
STOP! DON’T FILE YOUR TAXES NEXT APRIL IF YOU START A 1031 EXCHANGE IN THE LAST QUARTER OF THE YEAR
Betty Friant, Senior Vice President overseeing the Washington DC office of Kay Properties recently interviewed CEO and Founder, Dwight Kay about a very important topic for anyone thinking of doing a 1031 Exchange in the last quarter of the year. Betty Friant: So, Dwight. Thanks for taking the time to go over a critical part of the 1031 Exchange process. … Read More
