Category: Video Series 1031 University

Should an individual who holds property acquired as part of a 1031 Exchange pass away, there is a tax policy commonly referred to as a “step-up in basis” or “stepped up basis” which stands for the proposition that upon the death of that taxpayer his or her heirs receive a “step up” in basis on the 1031 Exchange property to fair market value, which effectively eliminates any obligation of the heirs for payment of the deferred taxes. Thus, the heirs can liquidate the property and not have a taxable event if they sell the asset for the fair market value known at the time of inheritance.

Should an individual who holds property acquired as part of a 1031 Exchange pass away, there is a tax policy commonly referred to as a “step-up in basis” or “stepped up basis” which stands for the proposition that upon the death of that taxpayer his or her heirs receive a “step up” in basis on the 1031 Exchange property to fair market value, which effectively eliminates any obligation of the heirs for payment of the deferred taxes. Thus, the heirs can liquidate the property and not have a taxable event if they sell the asset for the fair market value known at the time of inheritance.

A handful of states have enacted regulations for 1031 Exchange Qualified Intermediaries (QIs), Oregon is one of those states. Learn more about the specific regulations for Qualified Intermediaries processing 1031 Exchanges in Oregon.

A handful of states have enacted regulations for 1031 Exchange Qualified Intermediaries (QIs), Oregon is one of those states. Learn more about the specific regulations for Qualified Intermediaries processing 1031 Exchanges in Oregon.

A handful of states have enacted regulations for 1031 Exchange Qualified Intermediaries (QIs), Oregon is one of those states. Learn more about the specific regulations for Qualified Intermediaries processing 1031 Exchanges in Oregon.

1031 Exchanges are a tax deferral tool for qualifying real estate transactions, they are always a way people can build and preserve wealth. Learn more about Estate Planning with 1031 Exchanges in this video.
 

1031 Exchanges are a tax deferral tool for qualifying real estate transactions, they are always a way people can build and preserve wealth. Learn more about Estate Planning with 1031 Exchanges in this video.
 

1031 Exchanges are a tax deferral tool for qualifying real estate transactions, they are always a way people can build and preserve wealth. Learn more about Estate Planning with 1031 Exchanges in this video.
 

1031 Exchanges allow for the deferral of capital gains, depreciation recapture, and net investment income tax in qualifying real estate transactions. The deferred taxes come due at the time the Exchanger sells their property without a 1031 Exchange; however, should the Exchanger pass away the tax would be deferred indefinitely. Learn more in this short video.
 

1031 Exchanges allow for the deferral of capital gains, depreciation recapture, and net investment income tax in qualifying real estate transactions. The deferred taxes come due at the time the Exchanger sells their property without a 1031 Exchange; however, should the Exchanger pass away the tax would be deferred indefinitely. Learn more in this short video.