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The ADE difference: Knowledge, experience and exceptional customer service. ADE is your full service qualified intermediary for 1031 exchange transactions.
1031 Strategies: Converting Investment Property into Your Dream Retirement Home

A number of investors own both a primary residence and an investment property or two. They often have an interest in selling one and transitioning into the other, while limiting the tax liability through smart tax planning. While the IRS has issued direct guidance on this subject, there is still confusion among many investors about whether this is possible, and if so, the rules that apply. A brief description of the exclusions allowed under Section 121 (relating to personal residences) and Section 1031 (investment property) may provide some clarity.




 



Question Corner

Do I have to sign my ID letter or can I just send an email?

The 1031 Regulations state that the ID letter must be signed by the exchanger or exchanger's legal agent. The signed ID letter can be scanned and delivered as an email attachment, but listing the properties in the body of an email would not be sufficient.
1031 For Retirement and Estate Planning
Things You Need to Know
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Ron Raitz, CCIM - President

Building ADE with a foundation of educating others on 1031 exchanges, Ron offers continuing education courses for professions which include CPAs, attorneys, realtors, and investor groups. He is also a lecturer in academia at GSU, Mercer Law, Georgia Tech and Emory's graduate real estate programs.