If you plan on holding real estate as an investment, whether commercial or residential, then it is essential that you learn how to minimize your taxes ...
Most Recent Articles For: kind exchange
Written by admin on October 17th, 2011
Written by admin on May 24th, 2011
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 ...
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 22nd, 2011
Section 1031 of the Internal Revenue Code (IRC) defines the 1031 exchange. 1031 exchange also known as Like kind exchange specifies that if an asset that is most often a land or a building, ...
Written by admin on May 22nd, 2011
A tax deferred exchange or 1031 exchange is a strategy or tool that can be used by an investor to sell property, as long as it qualifies, and then buy another like-kind property. Since ...
