Comments on: is there a transfer tax on realty during a 1031 tax exchange? http://www.coverville500.com/realty/is-there-a-transfer-tax-on-realty-during-a-1031-tax-exchange Wed, 22 Dec 2010 00:50:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: tro http://www.coverville500.com/realty/is-there-a-transfer-tax-on-realty-during-a-1031-tax-exchange/comment-page-1#comment-5199 tro Fri, 18 Jun 2010 18:09:59 +0000 http://www.coverville500.com/realty/is-there-a-transfer-tax-on-realty-during-a-1031-tax-exchange#comment-5199 but the administration of the transfer was probably done therefore a tax had to be paid even tho the property was returned to you<br><b>References : </b><br> but the administration of the transfer was probably done therefore a tax had to be paid even tho the property was returned to you
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]]> By: Bash Limpbutt's Oozing Cyst© http://www.coverville500.com/realty/is-there-a-transfer-tax-on-realty-during-a-1031-tax-exchange/comment-page-1#comment-5198 Bash Limpbutt's Oozing Cyst© Fri, 18 Jun 2010 18:04:59 +0000 http://www.coverville500.com/realty/is-there-a-transfer-tax-on-realty-during-a-1031-tax-exchange#comment-5198 Bummer. Transfer taxes are up to the authority that imposes it. If your transaction was taxable then you will have to pay. Normally the only transactions that are exempt are those between family members, and sometimes only when due to an inheritance. The conveyancing to the intermediary for a 1031 exchange normally isn't exempt, nor is the re-conveyancing when it's returned to you if the exchange falls through.<br><b>References : </b><br> Bummer. Transfer taxes are up to the authority that imposes it. If your transaction was taxable then you will have to pay.

Normally the only transactions that are exempt are those between family members, and sometimes only when due to an inheritance. The conveyancing to the intermediary for a 1031 exchange normally isn’t exempt, nor is the re-conveyancing when it’s returned to you if the exchange falls through.
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