Stepped-Up Basis at Death and the 1031 Exchange Estate Strategy
Deferring gains through exchanges lets heirs erase them entirely at death.
Renata Solberg
8 stories
Deferring gains through exchanges lets heirs erase them entirely at death.
Deferring capital gains tax while reinvesting sale proceeds into qualifying property.
Defer taxes across state lines, but watch for hidden state-level costs and timing traps.
Misclassifying personal-use property can disqualify an entire 1031 exchange before it starts.
The IRS lets you swap almost any U.S. real estate for almost any other.
The clock on a 1031 improvement exchange starts before investors are actually ready to build.
Understanding boot's two forms helps investors avoid costly surprises on their tax bill.
Missing this deadline erases your tax deferral permanently, with no exceptions or recovery options.