iowa like kind exchange: Section 1031 Exchanges and Conservation Easements - 10/26/09 03:14 PM
Did you know that if you own land and sell an easement to that land to a government agency, it is likely that your transaction is eligible for Section 1031 exchange treatment?
Emergency Watershed Protection Program (EWPP) and Wetlands Reserve Program (WRP) easements are being purchased by the Iowa Department of
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iowa like kind exchange: The Requirements for Maximum Tax Deferral - 10/26/09 12:04 PM
You'd think it would be fairly simple to list the requirements to defer the maximum amount of capital gain taxes through the use of a Section 1031 exchange. As I set out to write this article, though, I realize that like a lot of other aspects of exchanges, it takes
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iowa like kind exchange: Defining the Exchange Term "Like-Kind" - 08/18/09 04:12 PM
Many people hear the term "like-kind" when they're talking about Section 1031 exchanges and they start to panic. Please, relax! I've got an easy way for you to figure out whether two properties are like-kind to each other for purposes of exchanging.
First of all, a caveat... the easy way
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iowa like kind exchange: Can I Use a Section 1031 Exchange to Build or Improve a Property? - 05/28/09 10:43 AM
Occasionally a client will ask that question, and we can usually answer, "YES!" It does depend upon exactly what the client's plans and intentions are, but in general, the replacement property in a Section 1031 exchange can be newly constructed during the exchange or substantially improved during the exchange. Here are
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iowa like kind exchange: Government 101 - Boring Title, Not Boring Information - 05/13/09 03:31 PM
Granted, a title of "Government 101" likely doesn't draw in many readers. I hope that the subtext indicating that the information isn't boring will encourage a few folks to take a look at this fantastic video.
Have you ever wondered about the origins of our republic? Why it is such an
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iowa like kind exchange: Iowa Landlord Association Spring Educational Seminar & Trade Show - 04/28/09 10:00 AM
Short notice, but I wanted to announce the Spring Educational Seminar and Trade Show of the Iowa Landlord Association. It will take place on Thursday, April 30, at the downtown Holiday Inn. There will be a succession of speakers on relevant topics to landlords. During breaks, please stop in at the
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iowa like kind exchange: Two Rivers REIA First Annual Convention - May 9th, 2009 - 04/28/09 09:46 AM
Announcing the first annual convention of the Two Rivers Real Estate Investors Association, to be held on May 9, 2009, at the Des Moines Holiday Inn Airport Conference Center. Two nationally-recognized speakers will be making presentations to the group: Larry Goins, of South Carolina, and Pete Youngs, of Georgia. Larry's
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iowa like kind exchange: What Do I Put in My Purchase Agreement if I Want to Do a Section 1031 Exchange? - 04/10/09 03:57 PM
One of the most common questions we receive is something along the lines of "What do I put in my Purchase Agreement if I want to do a Section 1031 exchange?" The answer can sometimes be, "Nothing," although we do suggest that you use what is known as a cooperation clause.
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iowa like kind exchange: Selling, Serving and Being Serious - 03/30/09 10:42 AM
This will be a first... I'm going to give you an inside look at what it is we are trying to do here at Iowa Equity Exchange. First of all, props to Jeffrey Gitomer for a column on this topic that prompted me to devote detailed thought to these things. Let's
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iowa like kind exchange: Apartment Sales Report - Des Moines, Iowa - 01/27/09 04:30 PM
I hate negative news. But facts is facts. When it comes to the sale of apartment properties in the Des Moines market, there's not a lot of positive news right now. If you only want positive news, skip to the last paragraph and I'll give you the best spin I can
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iowa like kind exchange: Liquidity of funds - doesn't sound exciting? Read on... - 01/22/09 12:41 PM
What could be more exciting than a discussion of the liquidity of funds, right? Okay, so it sounds pretty dry. Let me try to explain why it's actually of critical importance.
In my opinion, the cornerstone responsibility that a Qualified Intermediary has to his client is to protect the client's money
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iowa like kind exchange: Section 1031 Exchanges and the Auction Industry (Part 3) - 01/14/09 01:57 PM
In the summer of 2008, I was honored to be asked to author an article for The Auctioneer, the official publication of the National Auctioneers Association, on the subject of Section 1031 exchanges and their application within the auction industry. The article was published in the September 2008 issue. If you
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iowa like kind exchange: Section 1031 Exchanges and the Auction Industry (Part 2) - 01/14/09 01:34 PM
In the summer of 2008, I was honored to be asked to author an article for The Auctioneer, the official publication of the National Auctioneers Association, on the subject of Section 1031 exchanges and their application within the auction industry. The article was published in the September 2008 issue. If you
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iowa like kind exchange: Section 1031 Exchanges and the Auction Industry (Part 1) - 01/14/09 01:07 PM
In the summer of 2008, I was honored to be asked to author an article for The Auctioneer, the official publication of the National Auctioneers Association, on the subject of Section 1031 exchanges and their application within the auction industry. The article was published in the September 2008 issue. If you
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iowa like kind exchange: Section 1031 Exchanges - The Basics (Article #3) - 01/14/09 12:19 PM
This is the third of three blog entries about the basics of Section 1031 exchanges. The first entry can be found here, Article #1, and the second entry is here: Article #2.
Quick review... the first hurdle for the standard exchange is that the properties must qualify. Second, you must establish
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iowa like kind exchange: Section 1031 Exchanges - The Basics (Article #2) - 01/14/09 12:07 PM
This is the second of three blog entries about the basics of Section 1031 exchanges. The first entry can be found here: Article #1
Quick review... the first hurdle for the standard exchange is that the properties must qualify. Moving on...
#2 - Establish your intent to exchange. Now that you
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iowa like kind exchange: Section 1031 Exchanges - The Basics (Article #1) - 01/14/09 11:50 AM
I was recently asked to write a short article for a local publication about the basics of Section 1031 exchanges. Over the time I've been here at activerain, my blog topics have covered a wide range of exchange-related topics, including the basics. However, it has been a long time since I've
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iowa like kind exchange: Farmland prices leveling off? - 11/24/08 10:01 AM
In an article in the Des Moines Sunday Register, author Dan Piller investigates the value of farmland in Iowa based upon the results of a number of recent farm auctions. The conclusion? Farmland values are not rising at the rate they have over the past few years. Probably not a huge
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iowa like kind exchange: Thanksgiving Time - 11/19/08 01:34 PM
As Thanksgiving approaches, it's an interesting time in our country and the world. (Have you heard the saying, "May you live in interesting times?" I had always thought of that saying as a blessing, but it appears that it may have first started as a curse, at least if you can
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iowa like kind exchange: Exchanging Foreign Properties - 11/12/08 07:09 PM
What if you own property outside of the United States and you want to utilize Section 1031 for a tax-deferred exchange of that property? Is that okay?
The short answer is, "It depends." It depends upon where your property is located and where the property you wish to acquire is located.
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