Most Recent Articles For: internal revenue code

Written by admin on September 15th, 2011
Article by Elaine Voncannon Anyone who purchases property understands the importance of making smart financial investments. In real estate, homebuyers and sellers have the same goal - to build wealth. There are many strategies that can help real estate investors maximize their investment potential and increase their return on investment ...
Written by admin on July 9th, 2011
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 ...
Written by admin on June 11th, 2011
Article by David East If an investor wants to defer state and federal capital gains taxes, then they will often take advantage of The Internal Revenue Code 1031 (IRC 1031) property exchange, which allows them to exchange one property for another without paying those taxes. Of course, the properties must ...
Written by admin on May 24th, 2011
A 1031 exchange or Like kind exchange is defined by section 1031 of the Internal Revenue Code or the IRC. According to IRC if an asset, most often some form of real estate such ...
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 ...