Inthe summer of 1990, the Internal Revenue Service announced the long awaited rules on Tax Deferred Exchanges. Section 1.1031 of the IRS Code laid out in detail the procedure for turning a sale and ...
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Written by admin on May 7th, 2011
Written by admin on May 7th, 2011
A tax deferred exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame.Although the logistics of selling one property and ...
Written by admin on May 6th, 2011
More and more people are faced with financial problems and if you are one of them then you need not worry. Financial problems can be very distressing when you are unable to repay your ...
Written by admin on May 6th, 2011
One of the biggest tax hits you'll likely ever take is when you sell investment real estate. Although taxes are a way of life, avoiding taxes is also as American as apple pie. Fortunately ...
Written by admin on May 6th, 2011
Many people avoid the potential benefits of owning 1031 properties because they simply do not understand what does and does not qualify. There is some degree of ambiguity to the language that can be ...
