Chicago Multifamily Property Blog

Market Trends, Sales Insights, and Investment Strategies

Explore the latest expert insights on Chicago multifamily property sales, investment strategies, and market trends. Stay informed with valuable updates from our real estate blog.

The Reverse 1031 Exchange: A Guide for Investors

1031 Exchanges: 10 Things to Know

When engaging in a traditional 1031 exchange, you must sell your original property before you can purchase a replacement property. The major drawback here is that if the original property takes a long time to sell, you could miss out on your opportunity to buy the perfect replacement property. This is where a reverse 1031 exchange comes in.

The 7 Deadly Sins in a 1031 Exchange

If you’ve been thinking about engaging in a 1031 exchange, a Delaware Statutory Trust (DST) can be an excellent option. However, before getting involved, it’s important to understand the ins and outs of how they work. In particular, “7 Deadly Sins” must be avoided. Otherwise, the DST will fail to meet the “like-kind” requirements established by the IRS.