primary requirements: 1031 Exchanges -- Basics and Choosing a Qualified Intermediary - 02/04/08 06:08 PM
The Internal Revenue Code's section 1031 permits owners of appreciated investment property to defer the capital gain tax due on the sale of the relinquished property (conceptually the "old property") by completing the purchase of replacement property (conceptually the "new property") within 180 days of the sale of the relinquished property. In legal … (0 comments)

primary requirements: 1031 Exchange WEBINAR - Get your questions answered NOW!! - 02/02/08 08:57 PM
The link below will take you to a webinar that covers all of the basics in a 1031 exchange.  It answers all of your critical questions.
In addition, you can call 1-800-282-1031 for an in-person consultation with an experienced 1031 exchange counselor.
Or, contact me at (559) 433-5399
 http://apiexchange.com/index_main.php?id=25
 
… (0 comments)

primary requirements: 1031 Exchanges -- 45 Day Identification Period - 02/02/08 07:58 PM
SECTION 1.1031(k)-1
Section 1.1031(k)-1: Treatment of Deferred Exchanges states that "the identification period begins on the date the taxpayer transfers relinquished property and ends at midnight on the 45th day thereafter."  Later in this subsection, the manner of identifying replacement property is specifically stated as: "Replacement property is identified only if it … (0 comments)

primary requirements: 1031 Exchanges -- Identification Rules - 02/02/08 07:52 PM
IDENTIFICATION RULES
The identification period in a delayed exchange begins on the date the Exchanger transfers the relinquished property and ends at midnight on the 45th calendar day thereafter. To qualify for a §1031 tax deferred exchange, the tax code requires identifying replacement property:
· In a written document signed by the Exchanger;
· Hand … (0 comments)

primary requirements: 1031 Exchanges -- Reasons to Exchange - 02/02/08 07:40 PM
Section 1031 tax deferred exchanges continue to increase in popularity as more investors nationwide discover the wide range of investment objectives that can be easily met through exchanging.
I. PRESERVATION OF EQUITY
A properly structured exchange provides real estate investors with the opportunity to defer 100% of both Federal and State capital gain … (2 comments)

primary requirements: 1031 Exchanges -- Basics - 02/02/08 07:36 PM
WHAT IS IRC SECTION 1031?
Section 1031 of the Internal Revenue Code allows an owner of investment property to exchange property and defer paying federal and state capital gain taxes (up to 15% Federal, 25% depreciation recapture and applicable state taxes) if they purchase a "like-kind" property following the rules and regulations … (8 comments)

 
Real Estate - Other: Lisa Lambert, Esq. (1031 Exchange Expert) (Asset Preservation)
Lisa Lambert, Esq. (1031 Exchange Expert)
Bakersfield, CA
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Asset Preservation

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