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 ...
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Written by admin on May 24th, 2011
Written by admin on May 23rd, 2011
If you are a real estate investor who is about to sell a property and use that money to purchase more real estate, make a 1031 Exchange instead of just selling outright. Making every ...
Written by admin on May 23rd, 2011
Also called a Starker Exchange Trust, a 1031 exchange is generally used by someone who wants to sell an investment property that they own, yet do not want to pay any taxes. A 1031 ...
Written by admin on May 23rd, 2011
The Noted English economist John Maynard Keynes once stated that "[t]he avoidance of taxes is the only intellectual pursuit that carries any reward." While the absolute truth of that statement may be debatable, legally ...
Written by admin on May 21st, 2011
If you are looking at making a quick hundred-thousand on real estate flipping, you may find it is quick, but not as lucrative as you thought.With housing prices on the rise across the nation, ...
