1031: 1031 and Conservation Easements - 08/29/08 01:51 PM
I have to admit that I am jumping on the bio-diesel eco-wagon much later than most. My wife and I have taken steps around the house to make sure that we are doing our part in saving what we can. We have changed our light bulbs, filter our own water instead
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1031: Does a Boatslip Qualify for a 1031 Like-Kind Exchange? - 08/29/08 10:19 AM
This is a question that I am asked quite often. And like most questions I receive, I will ask the client a few questions:
#1. How do you own the slip?
I have a great interest in how they own it. Do they have a lease for a determined period of
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1031: Just spent an evening with 200 realtors, and boy am I - 08/29/08 10:15 AM
TIRED, but feeling great. It is always an experience for me to discuss 1031 like kind exchanges with so many Realtors with different personalities, varying knowledge levels and backgrounds. Though I do talk with many Realtors able to discuss the finer points of the 1031 exchange, the common response seems to
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1031: 1031 Exchange Experiences - Please Comment! - 07/03/08 10:25 AM
I have posted a few blogs that cover several topics on 1031 Like-Kind Exchanges. I hope they have provided help and up to date information to those kind enough to stop by and read. I truly believe that I could write several blogs a day on exchanges and never get across all
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1031: Farm Bill Update....1031 Like Kind Exchange - 01/15/08 07:20 PM
I had written an earlier blog on the proposed 1031 Like Kind exchange affects of the new Farm Bill currently under consideration. There were two issues that I discussed specifically, one was the change to make the exchange of collectibles no longer qualify for tax deferment. The other, a change to the like-kind definition
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1031: Seller financing and the 1031 Like Kind Exchange - 01/14/08 02:17 AM
It seems with our recent mortgage issues helping to further apply the breaks on our real estate market, seller financing is a tool many are using to "help" their buyer. Many who thought they would never want to get involved with seller financing are finding it almost necessary to accomplish their
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1031: Does a boat slip qualify for a 1031 Like Kind Exchange? - 01/14/08 01:25 AM
This is a question that I am asked quite often. And like most questions I receive, I will ask the client a few questions: #1. How do you own the slip? I have a great interest in how they own it. Do they have a lease for a determined period of time or
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1031: Please...see your Tax Advisor! A popular 1031 Exchange phrase... - 01/10/08 11:27 PM
No matter how educated we are... No matter how much pressure we may feel from a client to give an answer... No matter how easy the question seems at the time... We need to default to a profession tax adviser! And, guess what...it is okay! Every day I deal with very tax-heavy transactions as a Qualified
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1031: 1031 Cross Training - No time for Hypocrits - 01/10/08 10:40 PM
Who is the hypocrite? Yes...that would be me. But I am now shedding that skin...expanding...growing...reaching out for knowledge. What is this all about? For several years now, I have reached out to as many realtors as I could in North Carolina and South Carolina with the 1031 Like Kind Exchange word. From group
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1031: Proposed Farm Bill will alter 1031 Like Kind Exchanges - 11/09/07 09:58 PM
As for me, I am always under a bit of duress when I hear congress adjusting our tax laws. I am all too aware that Congress could wipe away my bread and butter industry with the swipe of a pen. It may not happen quite that dramatically, but the 1031 rules
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1031: 1031 and Conservation Easements - 11/06/07 10:11 AM
I have to admit that I am jumping on the bio-diesel eco-wagon much later than most. My wife and I have taken steps around the house to make sure that we are doing our part in saving what we can. We have changed our lightbulbs, filter our own water instead of
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1031: Can a Reverse Exchange help your client in a downturn market? - 11/05/07 04:22 PM
Is there a downturn in our real estate market? From many different sources we will be told there is...and you may say the same. So, how do we continue to prosper in these times...only by adapting to new ideas that help our customers buy and sell in a market which is
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1031: 1031 CES...what is that about? - 04/21/07 05:33 PM
Okay...I write this with a very tired mind and blurry eyes. No, it was not a great weekend partying in Georgetown...more like tipsy with studying and over-come with information. I just finished taking my Certified Exchange Specialist exam hosted by the Federation of Exchange Accommodators (FEA - http://www.1031.org/). The FEA is the only
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1031: Just spent the day with 600 realtors and boy, am I (Fill in the Blank) - 03/29/07 10:28 PM
am tired but feeling great. It is always an experience for me to discuss 1031 like kind exchanges with so many Realtors with different personalities, varying knowledge levels and backgrounds. Though I do talk with many Realtors able to discuss the finer points of the 1031 exchange, the common response seems
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1031: 1031 Identification - 3 Property Rule and the Realtor WIFM!! - 03/27/07 05:20 PM
One of the hints I received in regards to blogging was the WIFM (What's in it for Me) approach. So, to those realtors out there, here is one WIFM among many as you have clients considering a 1031 Like Kind Exchange. I will raise several more in the future. As one of
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