Retire, Live or Travel in Costa Rica. Residency and Immigration. ARCR: 1031 tax deferal - Retire, Live or Travel in Costa Rica. Residency and Immigration. ARCR

Jump to content

Real Estate Sponsors

       

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1031 tax deferal

#1 User is offline   tokai 

  • Newbie
  • Pip
  • Group: Members
  • Posts: 4
  • Joined: 04-February 07

Posted 07 June 2008 - 04:33 PM

Hi folks!

I am selling some real estate in the United States and will need to do a 1031 tax deferal.
Is this possible in Costa Rica?

I thank you already for you help!

Best
Tokai
http://www.tierralinda-realestate.com
0

#2 User is offline   jdocop 

  • ARCR Forums Expert
  • PipPipPipPipPip
  • Group: Members
  • Posts: 982
  • Joined: 05-October 06
  • Gender:Male
  • Location:Aguacate, Guanacaste
  • Interests:computer, reading, Costa Rica, grandchildren

Posted 08 June 2008 - 06:23 AM

not sure what your question means, but are you saying that you are actually in Costa Rica, and want to do this from Costa Rica? You can download any necessary U. S. tax form from the IRS' web site, to any computer in the world and/or use an online tax service to do anything dealing with your taxes. In the alternative, I believe that you can go to the U. S. Embassy to handle any IRS business.
0

#3 User is offline   sabo941 

  • ARCR Forums Expert
  • PipPipPipPipPip
  • Group: Members
  • Posts: 702
  • Joined: 15-February 06
  • Gender:Male
  • Location:Sarasota FL / Rohrmoser CR
  • Interests:CommercialPilot,Fisherman,Boater, Travel,Food

Posted 08 June 2008 - 02:01 PM

You can not do a 1031 on any real estate out side of the USA.
0

#4 User is offline   tokai 

  • Newbie
  • Pip
  • Group: Members
  • Posts: 4
  • Joined: 04-February 07

Posted 09 June 2008 - 09:13 AM

Thank you for your fast help!

Best
Tokai
http://www.tierralinda-realestate.com
0

#5 User is offline   airboss 

  • Newbie
  • Pip
  • Group: Members
  • Posts: 3
  • Joined: 26-August 08

Posted 26 August 2008 - 11:49 AM

I agree with Sabo. To do a 1031 exchange the second property must be in the US.
0

#6 User is offline   waynei 

  • Contributing Member
  • PipPipPip
  • Group: Members
  • Posts: 117
  • Joined: 20-September 06

Posted 26 August 2008 - 03:01 PM

View Postairboss, on Aug 26 2008, 12:49 PM, said:

I agree with Sabo. To do a 1031 exchange the second property must be in the US.

I concur - it would not be legal.
0
Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users