Trending...
- Long Beach Airport Expands Sustainability Efforts - 167
- All Long Beach Open Coastal Swimming Areas Temporarily Closed Due to Local Sewage Spill - 117
- For National Novel Writing Month: Will this be the year my fascinating Novel finally gets Published? - 116
PASADENA, Calif. - Californer -- Qubera Wealth Management, Inc., a fee-only registered investment adviser based in Pasadena, California, today announced the launch of 1031ExchangePlan.com, a free educational website for owners of long-held rental property who are deciding what to do when they eventually sell. The site explains the rules for a Section 1031 exchange, walks through alternatives such as a Delaware statutory trust (DST) or a Section 721 UPREIT exchange, and offers a free calculator that estimates the federal and state tax due on a sale if no exchange is used.
The site was built around a problem the firm's founder says he sees often. "Most people who call us think they have two choices: sell and pay a large tax bill, or do a 1031 exchange," said Nirav Desai, founder of Qubera Wealth Management. "In reality there are closer to six options, and a 1031 exchange is not always the best one. The site walks through all of them, including cases where it makes more sense to just sell and pay the tax."
More on The Californer
1031ExchangePlan.com includes state-specific guides for California, Washington, Oregon, New York, and New Jersey, since state tax treatment of a sale or exchange varies widely and is often misunderstood. The Washington guide, for example, addresses a common point of confusion: real estate sales in Washington are exempt from the state's capital gains excise tax under state law, though other state and local transfer taxes can still apply. The site also includes a 38-question FAQ, a downloadable pre-exchange checklist, and plain-language explanations of the qualified intermediary rules, the 45-day and 180-day deadlines, and how a 1031 exchange interacts with inherited property.
Qubera Wealth Management is a fee-only fiduciary adviser and does not accept commissions from the sponsors of any investment mentioned on the site. When a client's advisory relationship with the firm continues after a 1031 exchange, for example through an investment in a DST, the firm's standard asset-based advisory fee applies to those assets.
This release is for general information only. It is not personalized investment, tax, or legal advice.
Learn more at http://1031exchangeplan.com/
The site was built around a problem the firm's founder says he sees often. "Most people who call us think they have two choices: sell and pay a large tax bill, or do a 1031 exchange," said Nirav Desai, founder of Qubera Wealth Management. "In reality there are closer to six options, and a 1031 exchange is not always the best one. The site walks through all of them, including cases where it makes more sense to just sell and pay the tax."
More on The Californer
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Bragabilia Artesian Water Debuts as VIP Lounge Sponsor of the Coronado Island Film Festival
- Brand Identity: Creating a Distinctive Presence in a Competitive Market
- SD2 Receives $100,000 Grant to Expand STEM Opportunities for San Diego Students
1031ExchangePlan.com includes state-specific guides for California, Washington, Oregon, New York, and New Jersey, since state tax treatment of a sale or exchange varies widely and is often misunderstood. The Washington guide, for example, addresses a common point of confusion: real estate sales in Washington are exempt from the state's capital gains excise tax under state law, though other state and local transfer taxes can still apply. The site also includes a 38-question FAQ, a downloadable pre-exchange checklist, and plain-language explanations of the qualified intermediary rules, the 45-day and 180-day deadlines, and how a 1031 exchange interacts with inherited property.
Qubera Wealth Management is a fee-only fiduciary adviser and does not accept commissions from the sponsors of any investment mentioned on the site. When a client's advisory relationship with the firm continues after a 1031 exchange, for example through an investment in a DST, the firm's standard asset-based advisory fee applies to those assets.
This release is for general information only. It is not personalized investment, tax, or legal advice.
Learn more at http://1031exchangeplan.com/
Source: Qubera Wealth Management
Filed Under: Financial
0 Comments
Latest on The Californer
- Two Moorpark College programs named national Bellwether Award finalists
- G. A. Tierney Expands the Dark Psychological Romance Nadine Wolfe Series with Audiobook and Second Novel, The Cruelty of Desire
- Piper Madison Announces New Single "Don't Be a Stranger" and Launch of 10PM Records
- Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
- GreenSight Joins Character Labs G7, Secures $200K Investment
- IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
- Berkeley Nucleonics Highlights SAM 950 3x3 NaI Detector
- FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
- Internationally Acclaimed Artist Candace Chambers-Belida Honored With Prestigious Rembrandt Award – Meam In Barcelona, Spain & The Renoir In Cannes!
- Shelter Structures America backs MATRA Second Life Project to turn retired tent vinyl into homes for displaced families
- P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport
- Riverside Caregiver Library Featured in New Video from CareVantage Solutions
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger
- Insulated Drinkware: Where Artistic Expression Meets Everyday Elegance
- Elevate Roofing Services Offers Free Roof Inspections to Irvine Homeowners Ahead of Rainy Season
- Inaugural OC Tech Week Draws 3,000 From 12 Countries, Sends Finalist to $1M Startup World Cup
- Award-Winning American Hotelier Opens Art-Filled Luxury Cottage in Norfolk, England
- Get Care at Home Supports Sacramento Families Through Alta California Regional Center
- Virtual Results Puts AI to Work for Home Buyers and Sellers, Not Just Agents