Many of our area’s real estate investors have heard of the 1031 exchange, a technique where property held for investment is exchanged for “like kind” property thereby deferring capitol gains taxes until a later tax year. While investors like being able to defer taxes until a later year, many complain that they’d like a way … Read more
In the process of venturing into real estate investments, there are certainly legal obligations you need to deal with that must be in lieu with the laws of the federal state such as taxes incurred for gaining a property. However there are likewise salient regulations that make real estate investment a more viable venture minus … Read more
Everyone breathed a sigh of relief when the tax cuts were extended at the end of last year for another two years. Although it is good for real estate investors that the maximum federal capital gains rate will remain at 15% for the next two years, savvy investors know that they really pay much more … Read more
Overview – An IRC §1031 tax deferred exchange allows owners of real estate to defer the recognition of a capital gains tax they would have recognized when they sold their property so long as they reinvest in other “like-kind” real property. Tax deferred exchanges are not new – they have been available in one form … Read more
Too often a successful real estate investment comes at the expense of something else which is very valuable: time. As buildings age the amount of time needed to address the rising needs of tenants, as well as increasing maintenance costs, chips away at what might otherwise have long been a great investment. As a remedy … Read more