iowa like kind exchange: Tell Me About My Money that the Intermediary Holds During an Exchange - 07/24/08 12:08 PM
First let's discuss the earnings that your account generates while it is in the care of the intermediary. Did you know that many intermediary services earn the majority of their income from the interest that your account generates for them while they hold it!? By paying their clients little or no … (2 comments)
|
iowa like kind exchange: Demystifying the Reverse Exchange - 07/24/08 11:40 AM
Reverse exchanges are gaining in popularity, but they are often misunderstood and they can be confusing. Let's investigate the basics of this exchange structure.
Sometimes a situation arises in which an investor or property owner wants to purchase a property but wishes to sell a property that he or she already … (2 comments)
|
iowa like kind exchange: The Farm Bill Does Not Alter the Definition of “Like-Kind” in Regards to Section 1031 Exchanges - 06/23/08 04:35 PM
In order to clarify things in the mind of anyone who is uncertain about it, the farm bill that was passed by Congress does not include the language about like-kind status that those of us in the exchange industry were concerned about. The Senate version of the bill sought to redefine … (0 comments)
|
iowa like kind exchange: The Presidential Election and the Potential for Change in Capital Gain Rates - 06/04/08 08:07 PM
Now that things look to be settled on the Democratic side of things, how do the two candidates look at the current capital gain tax rates? Both candidates seem to be focused on “change” at the moment; does that extend to the capital gain tax rate?
The presumptive nominee on the … (6 comments)
|
iowa like kind exchange: Merely the Form of the Investment Changes… - 05/19/08 03:33 PM
One of my favorite explanations for why the Internal Revenue Service allows taxpayers to sell a property and defer the capital gain tax on the sale of that property through the use of a Section 1031 like-kind exchange contains the words in the subject of this article.
The explanation goes like … (0 comments)
|
iowa like kind exchange: Are Your Income Properties a Business, an Investment, or Both? - 05/16/08 04:10 PM
Are your income properties a business, an investment, or both? I suspect most property owners would say they are both. That’s how I feel about mine. They certainly qualify as a business, but the primary reason I bought them was as an investment for the future.
Why does this matter? Because … (8 comments)
|
iowa like kind exchange: Section 1031 Exchanges - Tax-Deferred or Tax-Free? - 05/02/08 12:14 PM
Did you know that after you use a Section 1031 exchange to acquire new property, you will face the same tax-related issues when you decide to sell that property? Is there any way around paying capital gain taxes when you sell your property? With the issuance of Rev. Proc. 2008-16 and … (2 comments)
|
iowa like kind exchange: Iowa Landlord Association Event on 4/17/08 - 04/16/08 03:24 PM
On April 17, 2008, the Iowa Landlord Association will sponsor the 2008 Spring Educational Seminar and Trade Show at the downtown Holiday Inn, 1050 6th Avenue, in Des Moines. The event starts at 8:00 A.M. and runs until 3:30 P.M. The speakers and their subjects are as follows:
Dave Sollenbarger, … (0 comments)
|
iowa like kind exchange: IRS Subtly Encourages Compliance – An Example - 04/06/08 06:35 PM
A few weeks back, the Internal Revenue Service and the Tax Division of the Justice Department took action to encourage potential exchangers to comply with the rules of Section 1031. (In reality, the IRS had little choice given the blatant fraud that was allegedly perpetrated.) A gentleman named William Franklin Jones … (6 comments)
|
iowa like kind exchange: Ways to Increase Your Return on Equity - 04/04/08 04:48 PM
This is a follow-up to a posting written yesterday about Return on Equity. In that blog, I promised to return to offer solutions for increasing the investor’s Return on Equity, and that is the subject of this post.
Please check out yesterday’s blog if you have any question about what … (0 comments)
|
iowa like kind exchange: Return on Equity - 04/03/08 05:08 PM
Return on Equity is the subject today. In an earlier blog, I promised to get back to the ideas that were presented last Saturday at the Omaha Landlord Association’s event that featured Tom Lundstedt, “the funniest investment and tax guy in America.” The crux of what I took out of … (0 comments)
|
iowa like kind exchange: Omaha Landlord Association Event, March 29, 2008 - 03/30/08 08:33 PM
Last Saturday, March 29, 2008, the Omaha Landlord Association put on a great event. The day featured speaker Tom Lundstedt (www.tomlundstedt.com), who is billed as “the funniest investment and tax guy in America!” Based on my experience on Saturday, if he is not the funniest, I don’t know who is. … (0 comments)
|
iowa like kind exchange: Iowa Land Price Survey Shows 12% Rise in Six Months - 03/25/08 02:29 PM
A recent survey of farmland real estate brokers shows that the price of Iowa’s best farmland rose by an average of 12 percent from September 2007 through February 2008. This survey was conducted by the Iowa Farm and Land Chapter 2 Realtors Land Institute, as it has been done every … (3 comments)
|
;)
Links;)
Tags (Tag Cloud);)
Archives
