Wednesday, February 12, 2020

What is 1031 Exchange? How it can save you money on Tax? 1031エクスチェンジと呼ばれる税金対策

Tax season again! How's everybody doing with filing process? It feels like just yesterday that we had to go through with it, yet the time of the Tax filing came once again! Tax time makes us think more about saving on tax, and do better for the next filing period. 
税金申告の時期がやってまいりました。皆様いかがお過ごしでしょうか?
時間の立つのは早いもので、税金申告したかと思えば、又時期がやってきました。税金対策の見直しを考えさせられます。

Speaking of which, have you heard of 1031 exchange for investment properties? If you own a property that you are renting, you have an investment property. How's your investment property performing? Are you considering an option to change the investment property? Would you sell it and buy? Or EXCHANGE it if that's an option for you? 

IRS code 1031 allows investors to exchange the property you own with "Like-kind" property with deferral benefit on capital gains taxes on the sold property.
The crazy thing is  that you can exchange properties as much as you would like. 
アメリカの不動産投資物件の税金対策として、1031エクスチェンジという方法があります。ハワイで賃貸物件を所有しており、違う物件に投資をするような場合、現在の所有物件を売って、おいおい違う物件を買うよりもエクスチェンジをすると売却したときの利益にかかる税金の支払いを遅らせることができます。(交換した物件の所有が続く限り税金の支払い期限が来ない。)

However, of course it has rules on the days and if the situation doesn't meet the dead line, you will owe the tax on the capital gain. The whole process from selling the relinquished property to acquiring the replacement properties has to happen within 180 days. 

Now, the current Hawaii market is actually very favorable to try doing the 1031 exchange as the inventory has been stable, which triggered buyer's market. With the on-going low rate on home loans, equity, re-fi and commercial loan rate are relatively lowing also. This might just be the timing for you to consider shopping for good rates IF you need loans. As we always say at our seminars, 1% drop in interest rate saves you significant dollar amounts over time. 
1031エクスチェンジをする場合、全ての条件を満たさない場合はもちろん税金が発生します。交換のプロセスは、既存の物件を売って、代わりの物件の購入までをすべて180日以内で行うことが条件であり、現在のハワイの不動産市場がとても良いため、(市場に十分な物件がある、住宅ローンの利率が良くなっている)

Are you a 1st time home buyer? Need down payment assistance? E-mail me for details.
Buyer's education program is also available through Hawaii Home Ownership Center.

Would you like to help your favorite on-profit organization? Refer us to help the buyers/sellers that you know. We will donate 10% on the proceedings in your name to your favorite non-profit organization!

初めて不動産売買される方必見! 頭金補助プログラム及び購入者のための無料セミナーもございます。(次回セミナー:3月18日)まずはメールにてお問い合わせください。
非営業団体の皆様、今年もご紹介頂き契約が成立したときの利益の10%の寄付を行っています。お友達、お知り合いの方で不動産の売り買い、投資のヘルプ及びサポートが必要な方をご紹介下さい。

#realtorwhocares #philanthropyrealtors #Honoluluhomes #Honoluluhawaii #Hawaiihomes #Hawaiirealestate #c21iproeprtieshawaii #1031exchangeinhawaii #Helpinghawaiibuyerssellers #ハワイに住む人を助ける #ハワイの不動産情報 #ハワイの投資物件 #投資物件の税金対策


Go to my website for quick search! 


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Hitomi Ozawa Simmons
 ([RA] RE Lic# RS-74864)

1585 Kapiolani Blvd, Suite 1533
Phone/Text: 808.554.3410

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