An important fact in regard to the 1031 process is that you CANNOT use your 1031 proceeds to fund improvements on land you own already. This is a common stumbling block of inexperienced investors. In order to ...
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Written by admin on May 24th, 2011
Written by admin on May 21st, 2011
A 1031 exchange is a great tool for investors who want to avoid paying tax on the gain from the sale of real estate; however, in order to completely defer the tax, an investor ...
Written by admin on May 10th, 2011
HISTORICALLY, Americans have never had a great affection for being taxed. The great author and political commentator Mark Twain, once stated that the difference between a tax collector and a taxidermist is that a ...
Written by admin on May 8th, 2011
Want to 1031 (EAT) into a Property You Already Own?
There are times when an investor may want to sell one of his properties and invest its proceeds in another he owns. In the past ...
Written by admin on May 5th, 2011
In a 1031 exchange property agreement between the exchanger and the intermediary there is a document where the exchanger gives the intermediary the right to acquire the relinquished property from the exchanger and then ...