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What is a 1031 Exchange and How You Can Benefit from It?

By: Lisa Taylor 1031 Exchange Views: 223 | Comments: 0 | Votes: 0

Lisa Taylor

1031 Exchange is a transaction that allows a taxpayer to swap one investment property for another by deferring the capital gains tax. The IRS Code 1031 authorizes the transaction. You should know about the 1031 tax-delayed exchange if you own an investment property and are thinking about selling it and buying another property. The name 1031 is taken from Section 1031 of the U.S. More

How to Manage Your Finances When You’re Self-Employed

By: Art Of Saving 1031 Exchange Views: 219 | Comments: 0 | Votes: 0

Art Of Saving

There are a lot of great things about being self-employed. You get to set your own hours, you’re in charge of your own future, and you can even wear sweatpants to work if you feel like it. But there are a few aspects of self-employment that aren’t so wonderful. Instead, you are at the mercy of your clients and customers. Here are seven tips to help you get started. More