CWS' blog shares insights and informative articles regarding real estate investing.

We keep a close watch on local markets throughout the country, and we’ve been impressed lately with promising developments in Atlanta. The multifamily real estate market there has been looking up for a while, after coming back from a slump during the last recession. Now more and more opportunities are being identified and activity is increasing both with new construction and sales of existing complexes.
When doing a 1031 exchange, it is important to be aware of the rules that can disqualify your exchange from receiving tax-deferred treatment. The rule this article examines is the step transaction doctrine. The step transaction doctrine can be used by courts to characterize a transaction that appears to be an exchange as a sale, and if a transaction is classified as a sale, it is ineligible for section 1031 treatment.