In these troubling economic times, it’s often difficult to know where to turn for solid and dependable investment advice. Some terms, like 1031 property exchange may seem like a foreign language to you if you are new to the idea of real estate investing. With the stock market doing crazy acrobatic stunts on a daily … Read more
Considering a 1031 tax exchange for your next real estate transaction? If so, you’re already on the right track: a 1031 exchange represents a great opportunity for real estate investors to temporarily defer payment of capital gains taxes on their investments. The legal 1031 tax exchange has helped many investors rapidly grow the value … Read more
YOU MAY NEED TO FILE FOR AN EXTENSION A 1031 exchange is reported on the tax return for the tax year in which the exchange begins, i.e. the tax year the relinquished property is transferred, using IRS Form 8824. If an investor’s exchange transaction started late in 2010, he may need to file for an … Read more
As if there weren’t enough facts and details floating around about the 1031 property exchange, you now discover there are different types of these exchanges to choose from. Learning about your options will help you make an informed decision about the best course of action for your needs, goals, and comfort zone. Simultaneous … Read more
As a real estate professional currently involved in the real estate investment and development business, you understand that there are a number of ways that you can help your business succeed (as well as a number of ways that you can let your business languish). One of the best tools for any real estate investor, … Read more