Article by David East
If an investor wants to defer state and federal capital gains taxes, then they will often take advantage of The Internal Revenue Code 1031 (IRC 1031) property exchange, which allows them to exchange one property for another without paying those taxes. Of course, the properties must ...
Most Recent Articles For: residential property
Written by admin on June 11th, 2011
Written by admin on May 24th, 2011
If for some reason the investor is unable to sell the relinquished property within the strict 180 day deadline, the EAT will transfer title of the new property to the investor. The investor will end up owning both ...
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
During the past decade over 5.5 million Brits have left the UK in search of a better life overseas. Many have been financially hit hard by the recent economic downturn and the weakening on ...
