• 1031 Exchange ID Requirements     Personalize
  There are many "gray" areas in a 1031 tax deferred exchange, but the timelines and identification requirements are two areas that are definitely black and white. View full article.



• 1031 Exchange Tax Filing Requirements Reporting the Exchange     Personalize
  A 1031 Exchange is reported on the tax return for the year in which the exchange begins, i.e. the year the relinquished property is transferred, using Form 8824, Like Kind Exchanges. View full article.



• Alternative and Multiple Properties- Tax Deferred Exchanges for Apartment Buildings     Personalize
  It is now more commonly known that capital gains taxes can be deferred with an exchange of property meeting the requirements of Section 1031 in the Internal Revenue Code. View full article.
  
  
• Art and Collectibles Survive Recent Congressional Scrutiny of Section 1031 Exchanges
  The Jobs and Growth Tax Relief Reconciliation Act of 2003 temporarily reduced the top rate on long-term capital gains from 20 to 15 percent, the lowest rate in six decades. View full article.
  
  
• Build-to-Suit Exchanges     Personalize
  It is now more commonly known that capital gains taxes can be deferred with an exchange of property meeting the requirements of Section 1031 in the Internal Revenue Code. View full article.



• Can Seller Carryback Notes Be Used In Tax Deferred Exchanges?     Personalize
  In tax deferred exchanges, as in other real estate transactions, sellers sometimes are compelled to carry back financing as part of the transaction. View full article.



• Creative Uses of Leases to Solve Exchange Problems     Personalize
  Many taxpayers exchange into bare land for the purpose of developing it with a group of partners. View full article.



• The Current Status of TIC Arrangements Following Revenue Procedure 2002-22     Personalize
  Commercial property ownership provides real estate investors with the opportunity to complete like-kind exchanges under Internal Revenue Code Section 1031. View full article.



• Exchange by Partnership Fails when Replacement Properties Are Transferred to Partners in Liquidation of Partnership     Personalize
  The IRS has held that a partnership cannot complete a tax-free exchange if the replacement properties are immediately transferred to various partners of the partnership. View full article.



• Exchanging, Development, and Investment     Personalize
  This is a Tax Court case for the tax year 1989, which examines the exclusion from eligibility under IRC §1031 of "property held primarily for sale." View full article.



• Foreclosures and Exchanges     Personalize
  Investors facing foreclosure are sometimes surprised to discover that they also have a tax problem. Despite the lack of equity, the foreclosure of some properties will result in taxable gain to the owner. How does this happen and what can investors do to address this issue? View full article.



• Holding Period Requirements in a 1031 Exchange     Personalize
  How long must property be "held" for investment in a 1031 tax deferred exchange? View full article.



• Hurricane Katrina Relief Granted     Personalize
  Acting promptly in response to the massive damage caused by Hurricane Katrina, the IRS announced that victims were eligible for special tax relief. Portions of Louisiana (31 parishes), Mississippi (15 counties), and Alabama (3 counties) were covered by Press Release IR-2005-84. View full article.



• Jobs and Growth Tax Reconciliation Act of 2003     Personalize
  President Bush signed the Jobs and Growth Tax Relief Reconciliation Act of 2003 on May 28, 2003. View full article.



• Just the Basics: Tax Deferred Exchanges Under I.R.C. § 1031      Personalize
  Knowing some basic rules behind Internal Revenue Code §1031 can help investors defer paying capital gain tax on property dispositions, resulting in more money to invest in a property acquisition. View full article.



• Key Considerations in 1031 Exchanges With a Qualified Intermediary     Personalize
  The exchange must be set up with a qualified intermediary (by execution of certain exchange documents) prior to the sale of the relinquished property. View full article.



• Know the Deadlines     Personalize
  There are many "gray" areas in a 1031 tax deferred exchange, but the timelines and identification requirements are two areas that are definitely black and white. View full article.



• Like-Kind Property in 1031 Exchange     Personalize
  Internal Revenue Code Section 1031 applies only to "property held for productive use in a trade or business or for investment". (IRC section 1031(a)(1)). View full article.



• New California Withholding Law for 2007     Personalize
  If you have been involved with the sale or purchase of real estate the last several years, whether as an investor, broker or escrow officer, you are likely familiar with California's withholding requirements.
  View full article.



• Non-Resident Withholding Issues: HARPTA and Beyond     Personalize
  If you have been involved with the sale or purchase of real estate the last several years, whether as an investor, broker or escrow officer, you are likely familiar with Hawaii's non-resident withholding requirements (HARPTA).
  View full article.



• Personal Residence to Rental – “The Super Tax Break”     Personalize
  Did you know that you can avoid paying tax on more than $500,000 of gain on your home? View full article.



• Real Estate Exit Strategies     Personalize
  When interest rates rise and the real estate market starts turning "softer," you may ask yourself the question "Do I want to continue owning real estate, or should I sell and consider other investment alternatives?" View full article.



• Real Estate Purchase Contract - Sample Language for 1031 Exchanges     Personalize
  Seller(s) intend(s) to transfer this property through the use of an IRC Section 1031 Tax Deferred Exchange.
  View full article.



• Related Party Exchanges     Personalize
  A related party exchange is a 1031 exchange where either the buyer of the relinquished property or the seller of the replacement property (or both) is considered "related" to the investor doing the exchange. If either the buyer of the relinquished property or the seller of the replacement property is considered a related party, there are special rules and restrictions on the ability to defer tax in a 1031 exchange. View full article.



• Tax Relief in Disaster Situations – The IRS Does Have a Heart!     
  Internal Revenue Code sections 7508 and 7508(A) each provide a list of time sensitive acts that are automatically postponed for taxpayers serving in the military and which may be postponed for taxpayers affected by Presidentially declared disasters. View full article.



• The Reverse Exchange - An Overview     Personalize
  Section 1031 of the Internal Revenue Code permits a taxpayer to defer capital gains tax when an investment property is transferred in exchange for another of “like-kind.” View full article.



• Reverse Exchanges after Revenue Procedure 2000-37     Personalize
  Your client wants to accomplish a tax deferred exchange pursuant to Internal Revenue Code Section 1031. Several months ago your client found an investment property and entered into a contract to acquire it. View full article.



• The Strength of an Industry Leader     
  Your Qualified Intermediary should offer financial strength, experience and nationwide service, along with solid credentials in handling tax-deferred exchanges. View full article.



• The Tax-Deferred Improvement Exchange Under Section 1031 of the Internal Revenue Code: Some Highlights
  For the real estate investor, an "improvement exchange" provides flexibility to re-habilitate and modernize an aging but otherwise valuable structure, making the finished product "code compliant" through capital improvements and a better investment than other property readily available on the open market. View full article.



• Tenancy in Common Revenue Procedure Issued by IRS     Personalize
  A tenancy-in-common interest, unlike a partnership interest, can be exchanged in a tax-deferred exchange.
  View full article.



• Thinking of Converting that Rental into Your Principal Residence? HOLD ON…     Personalize
  IRC Section 1031 allows an investor to defer capital gain taxes (and depreciation recapture) upon the sale of a property "held for productive use in a trade or business or investment" if the investor reinvests exchange equity into other investment property. View full article.



• TIC's and Tax Deferred Exchanges – Real Estate, Partnerships and Securities     Personalize
  An increasingly hot topic in the exchange industry is the use of undivided interests to complete tax-deferred exchanges. View full article.



• Vesting Title in a 1031 Exchange     Personalize
  In order to obtain the benefits of exchange treatment, the same person who started the exchange must complete the exchange. View full article.



• Warning! Restricions on Receiving Cash in a 1031 Exchange     Personalize
  Tax deferred exchanges under Section 1031 of the Internal Revenue Code are a great tool for deferring gain on the sale of investment property; however, investors can reap these benefits only if the exchange is structured properly. View full article.

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