For investors interested in real estate, there may be no better and worthwhile tool than the 1031 exchange. In short, it is a process through which capital gains tax liability can be completely deferred. Enabling otherwise lost funds to be used for investment. It can be, however, a complex process, requiring due diligence … Read more
What might you be guilty of doing that could potentially disqualify your 1031 exchange transaction? Here are a few reasons you could be putting your exchange at risk. Choosing a Qualified Intermediary that is actually a disqualified person. Someone who is acting as your agent at the time of the transaction is disqualified from acting … Read more
If you are into the real estate business, particularly in renting a property, it is vital that you know what 1031 exchange means. There are some, who have not heard of this exchange. The IRS created this in the year 1990. The purpose of this exchange is to help real estate investors. The benefit one … Read more
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 avoiding the payment of taxes is a national pastime that rivals baseball. A cost segregation study is perhaps the newest service … Read more
Many owners and investors are only focused on buying and selling real estate that they haven’t really looked at the advantages when it comes to 1031 exchange that IRS offers to people. This article will discuss on the basic things that you need to know and how it is beneficial if you will learn more … Read more