Many people avoid the potential benefits of owning 1031 properties because they simply do not understand what does and does not qualify. There is some degree of ambiguity to the language that can be confusing. Let’s cut through some of the confusion to help you better understand. 1031 Exchanges and Like Properties One thing that … Read more
Nothing is tax-free but there are methods to circumvent the tax process without breaking the law trying to evade the payment of tax. Tax free gold bullion bars can also be purchased. In the USA there is a capital gains tax on gold bullion and you have to give up a part of the money … Read more
Did you know there are many different ways you can benefit from a 1031 tax exchange if you invest in commercial real estate? You will need to procure the services of a qualified CPA in order to determine your property needs and to comply with IRS regulations. However, by the time you find a … Read more
After taking numerous classes in financial planning and weighing my real estate investments, I discovered that a 1031 tax exchange was the best course of action to avoid paying heavy capital gains taxes. What is a 1031 tax exchange, you may ask? In essence, this is when you agree to reinvest your profits from a … Read more
Do you sometimes question the performance of your investment portfolio? If you are like most investors you have your income producing assets thrown in together with your equity portfolio. You look at the total mix of dividend paying stocks, bonds, mutual funds and equities, and you’re confused as to why they’re not producing enough income … Read more