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

12-02-2024

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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!

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http://www.1031exchange.com
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1031 EXCHANGE FAQ
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http://www.1031exchange.com/faq/

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