Investing in real estate can be an excellent strategy for diversifying your portfolio. A REIT can be an ideal investment option if you want cash flow via real estate without worrying about management responsibilities. So, can you do a 1031 exchange into a REIT? While using a 1031 exchange to invest in REIT shares may sound like a wise idea, doing so can be complicated and may not be directly possible.
This guide includes the basics of REITs, how 1031 exchanges work and what investment options are available to you.
A healthcare real estate investment trust (REIT) is a company that owns, manages and collects rent from real estate in the healthcare industry. Healthcare REITs can include medical office buildings, hospitals, life sciences research facilities, senior living facilities and skilled nursing facilities.
Healthcare REITs' growth potential and opportunity for high dividends can offer promise for investors. However, there are some risks involved with investing in healthcare REITs. Through this comprehensive guide, investors can take an informed approach to healthcare REITs.
In April 2021, President Biden announced the "American Families Plan," which proposed to cap like-kind exchanges for gains greater than $500,000.
After the American Families Plan was released, 1031 Crowdfunding launched a campaign in strong opposition to the proposed changes. With your help, we sent over 700 letters to Congress voicing concern over the economic impact these changes would create. On Sept. 13th, 2021, the House Ways and Means Committee provided draft legislation language, and the proposed changes to Section 1031 were not included in the updated plan.
President Biden has released his 2023 federal budget, which again proposes eliminating 1031 exchange tax deferrals on capital gains greater than $500,000 for individuals and $1 million for a couple.