Exchange is a program that allows the owner of a certain property that is used for investment to be exchanged with another property and defer paying the taxes. If the like-kind property is purchased, the rules and regulations of the Internal Revenue Code should be followed and observed. This will allow the investors to gain … Read more
Net Lease Real Estate Investments Passive real estate for both the investor and the investor’s heirs By David E. Sobelman, Vice President, Calkain Realty Advisors and Benjamin R. Hanan, Shareholder, Abel Band, Chartered Experienced, savvy and sophisticated real estate investors typically are inundated with decisions of what to do with their existing assets as they … Read more
For anyone who is not in real estate, 1031 investment property raises eyebrows. This article will explain what 1031 investment property is and what you can do in order to maximize the investment if you are banking on this kind. The Internal Revenue Code offers the investors no loss or gain in recognition of any … Read more
1031 Exchanges are excellent tools to reduce income taxes. Known both as “tax free exchanges” and “1031 exchanges” (based upon the enabling section of the federal income tax code) this tool allows investors to sell real estate without paying income taxes (at the time of sale). Real estate owners or investors expecting to acquire property … Read more
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 taxidermist only takes your skin. Thus, it usually sparks great interest whenever the Internal Revenue Service may appear willing to allow … Read more