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For real estate investors, a 1031 Exchange can be a powerful tax-deferral tool, but in order to benefit, you must meet stringent IRS rules that leave little room for compromise. That’s one of the reasons it is so important to work with an experienced Qualified Intermediary (QI), who understands the complex 1031 Exchange process and IRS requirements.
A “tax-straddle” situation occurs when a taxpayer initiates a 1031 Exchange near the end of their tax year, and it extends into the following year. Read our latest article for the key considerations you or your clients should be aware of for an exchange that spans two years.
Learn what constitutes a related party 1031 Exchange, rules and conditions, and what real estate investors need to know.
Northern 1031 Vice President Michele Fitzpatrick shares insights on reverse exchanges and options for exchanges in a competitive real estate market.
Northern 1031 Vice President Michele Fitzpatrick shares expertise on how to make sure your 1031 Exchange transaction is safe and secure.
Every month, our 1031 exchange team hosts a live webinar that explains how it helps investors defer taxes on investment properties.
In February, Northern 1031 Vice President Michele Fitzpatrick spoke with host Larry Lawfer of Broker-Talk, a real estate insiders show on YouTube.
In December, Northern 1031 Vice President Michele Fitzpatrick spoke with host Rick Kaplan of the NEREJ Podcast.
John Starling, Senior Vice President of Northern 1031 Exchange, answers frequently asked questions regarding like-kind exchanges in a 2019 article published in the New England Real Estate Journal.
The IRS provides a safe harbor for vacation rentals. In the 2018 New England Real Estate Journal article written by Northern 1031 Exchange Senior Vice President, John Starling, he highlights the details and the differences between a second home and a vacation rental.
2020 was quite a year and presented many challenges. In this New England Real Estate Journal, 2020 Year in Review Spotlight Edition, Northern 1031 Exchange Vice President, Michele Fitzpatrick, reflects on the unprecedented year and the many positive aspects that came out of working through the pandemic.
The New England Real Estate Journal featured Northern 1031 Exchange Vice President, Michele Fitzpatrick, in the September 2020 “Women in Real Estate” Spotlight Edition.
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