What Is Boot In a 1031 Exchange A Simple Rule to Remember

Boot is unlike property received in an exchange. Cash, personal property, or a reduction in the mortgage owed after an exchange are all boot and subject to tax. By forecasting the potential for taxable boot, the Exchanger can restructure the transaction before committing to the deal. So how can we make this work for you Sit down with Tina Colson and Jenni Anderson in our latest blogcast update for all things BOOT in an Exchange WEBSITE 1031 EXCHANGE FAQ SOCIAL MEDIA Linkedin: Google+: Facebook: Twitter: Instagram: Youtube: