Navigating a 1031 like-kind exchange can be challenging. With strict deadlines, multiple parties involved, and substantial tax liability at stake, real estate investors need strategic planning—and sometimes a solid Plan B. Options like the Delaware Statutory Trust (DST) or Qualified Opportunity Zone investments can be lifesavers in the right situations.

Real estate investors seeking to minimize capital gains taxes and depreciation recapture can employ two powerful tax strategies – a 1031 Exchange and a Section 121 Exclusion.

While typically used independently due to differing property requirements, there are instances where these strategies can be combined for an even greater tax advantage.

1031 Exchange Identification Rules: Although a taxpayer can identify more than one replacement property, they must adhere to one of the three rules of identification .

STATE PLANNING USING 1031 EXCHANGES AND DELAWARE STATUTORY TRUSTS: Section 1031 of the U.S. Tax Code allows investment property owners to defer capital gains taxes and depreciation recapture by exchanging their relinquished property for “like-kind” replacement property.

Taxpayers who are selling their home may qualify to exclude all or a portion of the gain from their income when filing their tax return. Here are some considerations for homeowners when selling a home:

1031 exchanges have many moving parts. Here is a closer look at four important things you need to be aware of before getting started.

The 1031 Exchange continues to be an option for deferring capital gains taxes (for now). Before selling an investment property outright, owners should consider a 1031 Exchange to defer taxes. The new tax laws being proposed in Congress may amend the 1031 Exchange laws. Here is one main point to know about 1033 exchanges before considering one.