Be aware of potential impact of “Boot” in a 1031 Exchange

When faced with selling an investment property besides the amount of proceeds to pick up at closing the investor may consider the taxes that may be due. Investors may utilize a tax deferred 1031 exchange for all or part of the transaction. By Al DiNicola, AIF®, CEPA ™adinicola@namcoa.comFebruary 17, 2023DST 1031 SpecialistNAMCOA® – Naples Asset … Continue reading Be aware of potential impact of “Boot” in a 1031 Exchange