Should I do a 1031 Exchange or a Structured Sale?

This is a pretty complex question actually.  These are methods to put off till future years paying taxes on the GAINS on real estate sales. If you have a loss these don't apply.  There are multiple tax ramifications to both 1031 exchanges and structured sales.  You will need a third party to process the transaction through anyway so you might as well contact that third party way before selling in order to do adequate planning.  In addition to speaking to the third party that will help you transact the deal you should also talk to your financial planner or accountant.

First you have to know what your gain or loss will be on your real estate sale.  Is the gain ordinary or capital?  Is the gain short term or long term?  Then you will need to know the tax consequences of all your choices.  Even then one cannot be sure what the full effects will be because tax rates and rules can change in the future.  All this being said, it is still usually a good idea to do a 1031 Exchange or Structured Sale if you are in a high tax bracket now and may be a good idea even if you are in a low tax bracket now.

It may also be that you attampt a 1031 Exchange and it fails for some reason; primary residence, vacation property, goodwill.  These may still be eligible for a structured sale.  I know this is a short discussion of a complex subject.  Just remember to check into these before you sell anything especially if you think there is going to be a gain.  Call me and I will put you in contact with the experts.  Or you can request information from Chris Princis at Brook-Hollow Financial LLC, 312-550-4658 cell, 312-529-4017 office.