Article by Isaac Roy
Section 1031 of the Internal Revenue Code generally provides that neither gain nor loss is recognized if qualifying property is exchanged for other qualifying property of a like-kind. In the above scenario, you may defer the payment of 0K in both federal and state taxes if ...
Most Recent Articles For: capital gain
Written by admin on July 9th, 2011
Written by admin on May 23rd, 2011
If you have some money then you may have considered trying to make your fortune with stocks, bonds, and maybe even real estate. The concept is to buy cheap and sell dear, since ...
Written by admin on May 21st, 2011
The 1031 exchange is a great instrument for property owners who wish to defer their capital gains tax. However, not all states treat 1031 exchanges equally. California regulations stipulate that any appreciation in ...
Written by admin on May 18th, 2011
Given the fact that most seniors are interested in a secure income, reducing risk and lowering taxes, here is a planning technique to consider if you are trying to increase your income.
Maybe you have ...
Written by admin on May 17th, 2011
A like-kind exchange, also referred to as a 1031 or Starker exchange, allows a taxpayer to defer paying tax on the sale of a property. Like-kind exchanges are wonderful and powerful tools to use ...
