Welcome to 1031 Ask.com
 
What Is 1031? also referred to as a 1031 Exchange or Like-Kind Exchange, and falls under Section 1031 of the Internal Revenue Code. This tax section deals with property value in sale of business or trades and other like sales. Contact us to get your property exchange prepared & filed by a qualified Exchange Formats professional. Need Help with 1031 issues ? Then contact us now >
 
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ยง 1031. Exchange of property held for productive use or investment...Read more law >

Related Hot Topics

    • Business Property
    • The Internal Revenue Code
    • Ad Valorem Taxes
    • Exchange Formats
    • Indirect Costs


    One property is not always exchanged for just one other property.

    Two or more types of real estate can be exchanged for one replacement type of real estate. Also, one type of real estate can be exchanged for two or more types of real estate.

Calculators related to 1031 issues

Rent Vs. Buy Calculator
This calculator will show you the possible financial advatages of buying versus renting a home over a specified amount of years
Enter current montly rent:
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %):
Enter homeowner's insurance rate (%):
Enter monthly association dues ($):
Enter average monthly maintenance ($):
Enter annual propery tax ($):
Enter state plus federal income tax rate (%):
Enter interest rate you expect to earn on savings(%):
Enter percentage your home will appreciate by each year (%):
Enter number of years you will stay at this property:
Enter real estate commission rate (%):
Total estimated cost of renting:
Total estimated cost of buying:



Did You Know ?
One property is not always exchanged for just one other property.

Two or more types of real estate can be exchanged for one replacement type of real estate. Also, one type of real estate can be exchanged for two or more types of real estate.

Need to get more information about Exchange Formats & 1031 issues? Then click here to contact us.