1031 exchange: Sale Vs. Exchange - 08/19/08 06:15 PM
Sale vs. Exchange
If you plan to sell your investment real estate but don't feel that you have enough gain to warrant a 1031 tax deferred exchange then ask yourself the following question. When you bought your current investment property did you exchange into it? Remember that your adjusted cost basis … (0 comments)
|
1031 exchange: Why Benny Avoid to Answer the Second Question? - 08/18/08 01:51 PM
Why We Need 1031 Exchange Scams to Devastate Investors?
With buyer lined up, who needs an agent?
Here I read an article today, written by the very good and experienced attorney Benny Kass for Inman News:
I am particularly interested in his opinion on 1031 Exchange in answering a question of Bob … (0 comments)
|
1031 exchange: Care Package to Help You Get Your Clients Ready for a 1031 Exchange - 08/17/08 07:29 PM
Real estate agents and brokers as well as clients can get really nervous when faced with an impending 1031 exchange. They can make even the most seasoned real estate broker or investor nervous and stress out.
So, we thought we'd provide you with a little "care package" to help get ready … (2 comments)
|
1031 exchange: 1031 Exchange Workshop in Long Beach, California with DRE Credit - 08/17/08 02:02 PM
1031 Exchange WorkshopIt's Not Just Another 1031 Exchange Seminar - It's a Workshop!
See all of our 1031 exchange seminar programs.
Intermediate Level 1031 Exchange Workshop
This is an intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) 1031 exchange transactions pursuant to Section 1031 of the Internal Revenue … (3 comments)
|
1031 exchange: Why We Need 1031 Exchange Scams to Devastate Investors? - 08/13/08 10:41 AM
1031 Exchange Scams Can Devastate Investors
By Ilyce Glink, Wednesday, August 13, 2008.
Inman News
****** ****** ******
I always find that Ilyce's articles very helpful and educational. This one is very interesting.
As Ilyce's subtitle stated, "Do you know who's holding your funds?" Here is my response:
… (3 comments)
|
1031 exchange: What can I buy with a Self-Directed IRA? - 08/10/08 12:33 PM
Probably the most popular question we get regarding Self-Directed IRAs is what can I buy with my account? The answer is what you cannot buy with your Self-Directed IRA. The sky is pretty much the limit on what you can buy. Typical investors buy Real Estate number one, followed by LLC … (0 comments)
|
1031 exchange: Southwest Florida - How lucky we are! - 08/08/08 12:56 PM
I was driving around town recently noticing what a nice place Southwest Florida has become post real estate boom. When I was a kid, I was lucky to have my parents bring my family to Sanibel for 2 weeks every Christmas. I have been a full time resident for over 15 … (0 comments)
|
1031 exchange: 1031 Exchange - 08/07/08 10:41 AM
Summary: When a real estate investor wants to defer taxes on a sale, he might opt for a 1031 exchange. In a 1031 exchange, the investor purchases a similar investment property to replace the original property, and is able to defer any taxes owed. The proceeds from the sale of the … (0 comments)
|
1031 exchange: Housing & Economic Recovery act 2008, impact on your 1031 second home exchanges - 08/01/08 12:37 PM
The Method of simply moving into your second home (once purchased as a replacement property for a prior exchange) after being in service for a minimum of two years, has changed due to this Congressional Act. In the past you could move into the property declare it as your primary … (7 comments)
|
1031 exchange: Qualified Intermediary Safe Harbor - 07/31/08 09:01 PM
Actual or constructive receipt of exchange proceeds is not allowed. Use of a Qualified Intermediary serves as a Safe Harbor: This party prevents constructive receipt of sale proceeds by the exchanger. The Qualified Intermediary receives the proceeds from the relinquished property sale then makes the purchase of exchange property on behalf … (0 comments)
|
1031 exchange: IRC Section 1031 - 07/31/08 08:56 PM
If conditions for the tax-deferred exchange are met, then the gain from the sale of property relinquished will not be recognized, indefinitely deferring the payment of capial gains and recapture of depreciation taxes. There is no limit to the number of 1031 exchanges that may be made in succession by an … (0 comments)
|
1031 exchange: 1031 Exchange Workshop / Continuing Education Credit - No Cost - 07/28/08 07:41 PM
When: Wednesday, July 30, 2008
Where: Irvine, CA
This seminar is for anyone that is interested in learning more about the structures and requirements of 1031 Tax-Deferred Exchanges. We will cover 2-hours of educational content with no "sales & marketing" pitches and we offer Continuing Education credit to professionals (i.e. Attorneys, Realtors, and CPAs). If … (0 comments)
|
1031 exchange: Home Sales Consultant, e-PRO Professional Financial estate planner, 1031 Exchange! - 07/26/08 02:02 PM
HOME SALES CONSULTANT
Are you thinking of selling? In a market with so many homes for sale, you need ALL the tools to sell your home. As a financial planner and an owner of a mortgage company, I have seen what works in the marketplace and what does not.
Before you … (1 comments)
|
1031 exchange: Tax Changes Coming: Combined 1031 Exchange and 121 Exclusion Strategies Affected - 07/24/08 06:55 PM
The Housing Bill currently contains a little known change that could affect the way real estate investors combine a 1031 exchange with a 121 exclusion. It all depends on how the final law is written or drafted, but the U.S. House of Representatives passed the Housing Bill this week and it … (2 comments)
|
1031 exchange: New website for realtors and investors to meet and talk about commercial investment information. - 07/23/08 04:15 PM
Visit http://www.propertycow.com/ for more information.
Property Cow is a commercial property investor resource for finding commercial real estate information. Find an online database of commercial real estate professionals and properties for sale and lease - entered by owners and agents.
Check out our Forums.
Ask Questions. Get Answers
Become a Free Member. View news and create a Blogs. Join a … (7 comments)
|
1031 exchange: Free CE: 1031 Exchange & Investment Properties - 07/22/08 08:19 PM
The Professional Development Institute presents:
Free Continuing Education on 1031 Exchanges Made Simple (3 Free Credit Hours)
Learn all of the fundamentals and guidelines in 1031 Tax Deferred Exchange; Time lines, restrictions, and how to manage your clients engaged in a 1031 transaction.
Taught by Chris Breck of
Date: Tuesday … (2 comments)
|
1031 exchange: 1031 Tax Group Embezzler Ed Okun's 27 Count Indictment: Is Okun On Suicide Watch? - 07/21/08 03:14 PM
Ed Okun and accomplice Lara Coleman, somebody the mystery caller mentioned months ago as "going down", face a 27 count indictment as handed down and reported by Gerald McHale this past week. The indictment laundry list of counts:
1. Wire and Mail Fraud Conspiracy: Count 1 2. Money Laundering Conspiracy: Count … (2 comments)
|
1031 exchange: 1031 Exchange Video - 5 Common 1031 Exchange Questions - 07/20/08 12:08 PM
Watch out new video on 5 common 1031 Exchange Questions. If you have your own 1031 Exchange questions then give us a call at 866-4015-1031.
Subscribe to our 1031 Exchange podcast series on iTunes
… (2 comments)
|
1031 exchange: 5 common questions pertaining to 1031 exchange - 07/16/08 10:57 AM
What are the benefits of exchanging vs. selling outright?A Section 1031 exchange enables you to postpone taxes from the sale of qualifying properties. By deferring the tax, you have more money available to invest in another property. You can acquire and dispose of properties to reallocate your investment portfolio without paying … (0 comments)
|
1031 exchange: Non-Traditional Options for the Exchanger - 07/15/08 11:54 AM
Capital Gains tax rates vary over time just as our income tax rates vary year-to-year. At the whim of Congress, our tax rates can increase and are oft times scheduled to increase. With the Bush tax cuts on Capital Gains scheduled to sunset in 2009, returning our capital gains tax rates … (1 comments)
|
1031 exchange: 1031 Or Not 1031? Have You Considered The 25% Depreciation Recovery? - 07/11/08 10:48 PM
I recently had a discussion with an amazing 1031 Exchange expert (she talks in plain English!) about the pros and cons of doing exchanges. One factor that I had missed when attending classes on 1031s before is the fact that whether or not someone takes the tax deduction for depreciation on … (8 comments)
|
1031 exchange: Fannie Mae Tightens Guidelines for Retaining Current Residence as 2nd Home or Investment Properties - 07/11/08 01:35 AM
In today's Frank Howard Allen Office meeing, Andy Shine, mortgage broker with Residence Pacific Mortgage, discussed the new guideline by Fannie Mae, which will be effective on August 1. The guidelines affect loans for purchase a new home while retaining the current residence as 2nd home or investment porperty.
Might be … (4 comments)
|
1031 exchange: 1031 Exchange Workshop in Torrance, California on Wednesday, July 23rd with DRE Credit - 07/08/08 07:34 PM
1031 Exchange Workshop It's Not Just Another 1031 Exchange Seminar - It's a Workshop!
See all of our 1031 exchange seminar programs.
Intermediate Level 1031 Exchange Workshop
This is an intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) 1031 exchange transactions pursuant to Section 1031 of the Internal … (0 comments)
|
1031 exchange: 1031 Tax Group "Mantra": "The plaintiff's money has 'disappeared' and recovery is unlikely - 07/08/08 05:44 PM
What has become an all to familiar phrase in the Ed Okun 1031 Tax Group (IXG) ponzi scandal, seems to be the dreaded mantra: "The plaintiffs' money has disappeared and recovery is unlikely." Those were the words recorded in court hearings in Colorado this past month in regards to the embezzlement … (2 comments)
|
1031 exchange: The Cost of Kids - Yikes! - 07/08/08 07:11 AM
As the father of 3 kids, one teenager and two soon to be teenagers, you never really think about how much your children cost you in terms of total dollars spent annually. Basically as a parent you think you wallet is an ATM machine, that is constantly spitting twenty dollar bills … (1 comments)
|
1031 exchange: Buying Investment Real Estate - 07/06/08 12:44 PM
While there is much talk about how the real estate market is in disarray, the timing for investors may be just right. As the stock market continues to go south, and with money market/CD investments paying very low interest, it may be time that you consider moving your money into real … (0 comments)
|
1031 exchange: The 3 most common ways 1031 replacement property is identified - 06/27/08 01:30 PM
The identification rules most used
*The 3 property rule, the easiest way to comply is to identify three properties, you must make a formal attempt to name the street address, map and lot number or by a deed reference. You can literally find a location you like and write down 3 … (8 comments)
|
1031 exchange: Basic Restrictions of 1031 : acquisitions - 06/27/08 12:42 PM
A Few Restrictions to be aware of:
* You cannot purchase property owned by a related party unless that related party is also doing an exchange. In brief, related parties are yourself, your spouse, your children, and your mother, father, brother, sister (by whole or half blood), and your grandparents … (2 comments)
|
1031 exchange: Real Estate Investments - 06/25/08 09:57 AM
"Owning a home is a keystone of wealth ...both financial affluence and emotional security." -Suze Orman
Investing For Your Future
Investing doesn't sound romantic or exciting until you visit Montana. Few things in life are as rewarding and vital - and solid - as owning Montana real estate. Bozeman and … (1 comments)
|
1031 exchange: Vacation Home Ruling - 06/24/08 10:19 PM
In September 2007 the Treasury questioned the IRS about the 1031 guidelines surrounding Vacation Homes and their use in a 1031 Tax Deferred Exchange. In response the IRS issued a safe harbor relative to the use of a 1031 exchange on vacation home properties. To find out how to qualify your … (1 comments)
|
1031 exchange: Building a new brokerage. What are the five most important places to focus? - 06/22/08 06:41 PM
My associates and I are building a brokerage in San Francisco. We have all worked for others and feel that we can do better. Ego sure, but we really mean to try. We envision a boutique size of 15 to 20 agents that can specalize in any aspect of real estate … (7 comments)
|
1031 exchange: Newsflash: Okun 1031 Tax Group Victims Sue Former IXG Founders - 06/20/08 07:31 PM
The plot continues to thicken as swindled investors scramble to recover what few pennies exist from their embezzled 1031 exchange funds, many representing investor life savings, in the fallen Ed Okun 1031 Tax Group "Ponzi" scheme.
A concerned "citizen" sent the following link to a June 20, 2008 Denver Business Journal … (5 comments)
|
1031 exchange: 1031 Exchanges: A Profitable Niche for Realtors - 06/19/08 05:57 PM
Created by the I.R.S. in 1990, section 1031 of the Internal Revenue Code allows taxpayers, with the aid of a Qualified Intermediary, to sell investment or income property solely for the purchase of other "like-kind" property within 180 days and to defer the capital gains taxes normally associated with such a … (2 comments)
|
1031 exchange: Spectrus Real Estate - 1031 Exchange Tax Law - 06/19/08 05:13 PM
What is the 1031 Exchange Tax Law?
The 1031 exchange tax law is the IRS approved method enabling the deferment of capital gains taxes through the sale and direct reinvestment of all proceeds from the sale of a property into other like-kind property.
What are the benefits of the 1031 Exchange … (1 comments)
|
1031 exchange: Spectrus Real Estate - 1031 Tax Exchange - 06/19/08 05:10 PM
What is a 1031 Tax Exchange?
A 1031 tax exchange makes it possible to sell your property and defer those capital gains taxes by exchanging one investment property for another. In a 1031 tax exchange, the property you sell and the property you buy must both be like-kind and held for … (0 comments)
|
1031 exchange: Spectrus Real Estate - Starker 1031 Exchange - 06/19/08 05:09 PM
What is a 1031 Starker exchange?
A 1031 Starker exchange is another way of referring to delayed, deferred or any other non-simultaneous exchange. It's called a 1031 Starker exchange because Starker was the first case in which a non-simultaneous exchange was approved by the court. There are very strict rules for … (0 comments)
|
1031 exchange: The Move-in Option - 06/18/08 04:23 PM
Benjamin Franklin insightfully stated, "In this world, nothing is certain but death and taxes." Death is certainly an option we all must exercise someday; there is another alternative worth considering to get out of your capital gains tax.
Exercise the Move-in Option. While some may argue that moving is more painful … (0 comments)
|
1031 exchange: The Mystery of The 1031 Exchange. - 06/18/08 08:50 AM
What is a 1031 exchanges and why does it seem to be so confusing, mysterious or just plain impossible to understand? Let’s try to unlock the mysteries of 1031 exchanges once and for all?
What is Section 1031, also known as “Like Kind Exchange”? How does this apply to you, … (0 comments)
|
1031 exchange: What Real Estate Professionals need to know about Tenant in Common Securitized Transactions - 06/17/08 07:03 AM
Are a real estate professionals with clients interested in a 1031 Exchange? Watch our new video on important information on the NAR recent exemption requests to the SEC. Will you finally be able to recieve a commison on Tenant in Common Transactions?
For more information and to keep current on … (0 comments)
|
1031 exchange: Sell small to buy big - 06/16/08 06:05 PM
In today's market there are areas that are just not holding their values. In some cases that might be considered a bad thing. In other cases that might be consider a good thing. When it comes to 1031 tax deferred exchange, it can be a great thing. This allows for you … (4 comments)
|
1031 exchange: Introducing The 1031 Exchange Institute - 06/16/08 12:53 AM
The 1031 Exchange Institute
Welcome to The 1031 Exchange Institute. We decided that there was a need for a more interactive internet presence that would help educate, provide educational articles, forum discussions and blog posts specifically on 1031 exchange and TIC investment related issues.
So, we rolled out the The 1031 … (4 comments)
|
1031 exchange: 1031 Exchange of Internet Domain Names - 06/12/08 05:52 PM
Those who work in the investment real estate world are most likely already familiar with the 1031 exchange income tax strategy where you can sell real property that has been held for rental or investment and defer the payment of your capital gain taxes by acquiring replacement property.
Personal Property 1031 … (4 comments)
|
1031 exchange: 1031 Exchange: Out of the Box Uses - 06/12/08 04:07 PM
Investors, are you aware that 1031 exchanges uses extend beyond the typical exchange of property for other like-kind property senario?
I was pleasantly suprised when I read about the following five little know uses:
1. Reverse exchangesReverse exchanges allow investors to purchase a replacement property and then sell their existing property … (0 comments)
|
1031 exchange: 1031 Exchange - StuartandSally.com - 06/12/08 02:31 PM
When buying or selling a luxury Montana property, serious consideration should be given to whether you qualify for a 1031 Exchange, which is covered in Section 1031 of the Internal Revenue Code.
Simply put, a 1031 Exchange allows the owner of an investment property to sell that property and buy another … (0 comments)
|
1031 exchange: Reno homes start to break out, Californians starting to nibble...... - 06/10/08 05:24 PM
First, I would like to thank the readers of my Reno blog for reminding me for not posting last week, (I was well aware of it). It was routy and reminiscent of 2004, I had 5 offers on Monday and we negotiated them out all week, we went into escrow on … (1 comments)
|
1031 exchange: What is a 1031 Exchange? - 06/10/08 12:53 PM
Have you considered a Tax Deferred "1031 Exchange"? It is a simple method or strategy that involves selling a qualifying property and buying another qualifying property within a specific time frame. The process is the same as buying and selling property in a normal situation but what makes this different is … (3 comments)
|
1031 exchange: 1031 Exchange Educational Workshop - 06/09/08 10:55 PM
I would like to invite everyone that is interested in learning more about the structures, process and requirements of a 1031 Tax-Deferred Exchange to join us for a 2 1/2 hour workshop this Tuesday, June 10, 2008 at our Corporate Headquarter's office in downtown San Diego. Investors, Real Estate professionals, Attorneys … (0 comments)
|
1031 exchange: San Diego 1031 Exchange Workshop with DRE Credit - 06/09/08 03:05 PM
It's Not Another 1031 Exchange Seminars, It's a Workshop
1031 exchange workshop on the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a 1031 exchange. Continuing education credits available for Realtors, CPAs and CFPs. It's NOT just another 1031 exchange seminar.
California DRE Credit Provided to Realtors
2.0 … (1 comments)
|
1031 exchange: Investor Report: Section 1031 - 06/08/08 02:18 PM
Investor Report: Section 1031
by Kenneth R. Harney
Here's some great news for the thousands of real estate investors and brokers who use "Section 1031" (ten thirty-one) tax-deferred real exchanges every year: Congress has backed off its latest plan to narrow the definition of "like kind" for real estate swaps.
… (2 comments)
|
1031 exchange: Non-Safe-Harbor Reverse Exchange Strategy Continued ...... - 06/07/08 11:58 PM
I addressed safe harbor reverse exchange structures in my last blog post. I will go into more detail as to how a non-safe-harbor reverse exchange might be structured in today's market.
Deciding On Reverse Exchange Structure
Reverse exchanges structured pursuant to Rev. Proc. 2000-37 must be structured differently from those that are … (0 comments)
|
1031 exchange: 1031 Exchange Quick Facts Sheet: Your 1031 Exchange Checklist - 06/07/08 06:19 PM
1031 exchanges can be extremely complicated tax deferred strategies for the sale of investment property and subsequent purchase of like-kind replacement real property. There are so many details that must be followed in order to ensure that the real estate investor's 1031 exchange qualifies under Section 1031 of the Internal Revenue … (4 comments)
|
1031 exchange: 1031 Exchange and TIC Investment Property Seminar in Fresno, California - 06/07/08 02:20 PM
1031 Exchange and TIC Investment Property Seminar in Fresno, California
We are rolling out a 1031 exchange and TIC investment property seminar on Friday, June 13, 2008 in Fresno, California from 11:30 AM to 2:00 PM.
Speaker
You can learn the basics of 1031 exchanges from Steve Monk, vice president and … (2 comments)
|
1031 exchange: Learn More About TIC Investment Properties and 1031 Exchanges: Bakersfield, CA - 06/07/08 02:17 PM
1031 Exchange and TIC Investment Property Seminar in Bakersfield, California
We are rolling out a 1031 exchange and TIC investment property seminar on Thursday, June 12, 2008 in Bakersfield, California from 6:30 PM to 9:00 PM.
Speaker
You can learn the basics of 1031 exchanges from Steve Monk, vice president and … (0 comments)
|
1031 exchange: Professional buyer's buy in slow markets, sharpen your 1031 pencil & score - 06/07/08 12:45 PM
General real estate is not booming, and everyone has listings what you need are buyers, and professional real estate investors are buying in down markets. They tend to buy multiple properties in any given year and when they sell they replace the disposed property with a better acquired one. If that … (4 comments)
|
1031 exchange: 1031 Exchange Workshop in Fresno, California with DRE Credit - 06/07/08 01:03 AM
1031 Exchange Workshop - NOT Just Another 1031 Exchange Seminar
See all of our 1031 exchange seminar programs.
Intermediate Level 1031 Exchange Seminar
This is an intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) 1031 exchange transactions pursuant to Section 1031 of the Internal Revenue Code and … (0 comments)
|
1031 exchange: Spectrus Real Estate - What is Capital Gain? - 06/06/08 05:54 PM
What is Capital Gain?
Almost everything you own and use for personal or investment purposes is a capital asset. Examples are your home, household furnishings, and stocks or bonds held in your personal account. When you sell a capital asset, the difference between the amount you sell it for and your … (0 comments)
|
1031 exchange: Spectrus Real Estate - What is a Tax Free Exchange? - 06/06/08 05:53 PM
What is 1031 Tax Free Exchange?
Usually, when you sell a property you have to pay tax on the gain. Gain is caused by taking depreciation deductions for tax purposes or by the property appreciating in value during its ownership.
A Section 1031 tax exchange allows an exception to the capital … (0 comments)
|
1031 exchange: 1031 exchange , What is Like-Kind Property? - 06/06/08 12:12 PM
Like Kind as it appears in the IRC (Internal Revenue Code) related to 1031 Tax Deferred Exchanges (& 1033 Involuntary Conversions which I will not be getting into today) really means four things:
Location of Property: To be like kind to another property; both have to be "located" in the United States or … (26 comments)
|
1031 exchange: 1031 Exchange Workshop in San Diego, California with DRE Credit - 06/05/08 10:10 PM
1031 Exchange Webinar
See all of our 1031 exchange seminar programs.
Intermediate Level 1031 Exchange Seminar
This is a basic to intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) tax-deferred, like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury … (0 comments)
|
1031 exchange: Foreclosure Woes - Paying Taxes on Real Estate You Lost - 06/05/08 10:00 PM
Although the federal government made a small concession for primary homeowners in crisis this year through tax exemptions on foreclosure losses, the average Joe who dipped into real estate investing and is now going for bankruptcy or just foreclosure will be in a world of hurt.
So many middle class families … (3 comments)
|
1031 exchange: When selling, what are my options? - 06/05/08 12:30 PM
Investing in real estate was probably one of the best decisions of your life. However, current vacancies, demanding tenants, and minimum income are some of the issues that are compelling you to seriously consider selling your investment property. Here are some options that are available to you:
Sell your property and … (0 comments)
|
1031 exchange: SEC INvestigation of Triplenet is Closed - 06/03/08 02:01 AM
SEC announced closing its investigation on Triplenet without any action. A good sign for the industry. However, I would guess with the impending downturn and with some TIC offerings not meeting their promised yields, scrutiny will increase. http://money.cnn.com/news/newsfeeds/articles/prnewswire/200806020834PR_NEWS_USPR_____AQM070.htm
http://www.1031reviews.com
http://www.nestegginvesting.com
… (1 comments)
|
1031 exchange: Spectrus Real Estate - Capital Gains Tax on Real Estate - 06/02/08 04:16 PM
When it comes to selling your investment property, you may automatically start thinking about capital gains taxes. But you don't have to! Capital gains taxes and investment property don't have to go hand-in-hand. In fact, by knowing and using the proper tools, capital gains taxes and investment property can be anything … (0 comments)
|
1031 exchange: Vacation Home Tax Deferral Opportunity for Vacation home - 06/02/08 02:00 PM
As your source for investment real estate, I thought it would be appropriate to send you this notable IRS Revenue Procedure published March 10, 2008 as it involves "Safe harbor for like-kind exchanges of a dwelling unit."
Did you know you can defer a large tax bill on the … (1 comments)
|
1031 exchange: Deferring LOSSES on Sale of Rental Property - 06/01/08 01:53 PM
Deferring Gains with a 1031 Exchange
I think many of you are familiar with the 1031 exchange transaction where the real estate investor can sell real property that has been held for rental, investment or used in his or her business ("investment property") and defer the payment of the income tax … (0 comments)
|
1031 exchange: Reporting Your 1031 Exchange for Federal Income Tax Purposes - 05/31/08 07:32 PM
It is well past the deadline to file your personal income tax return for the 2007 income tax year. You should have filed it by April 15, 2008 unless you filed for an extension of time to file.
Receiving Lots of Income Tax Related Questions
However, I have been receiving a … (0 comments)
|
1031 exchange: West Los Angeles 1031 Exchange Workshop - 05/30/08 09:02 PM
1031 Exchange Seminar
See all of our 1031 exchange seminar programs.
Basic to Intermediate Level 1031 Exchange Seminar
This is a basic to intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) tax-deferred, like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of … (0 comments)
|
1031 exchange: It's 3:00 AM in the morning.....Will Your 1031 Exchange 1031 exchange Qualified Intermediary Pick Up The Phone? - 05/30/08 08:59 PM
ITS OUT!
Our most recent issue of The Exeter Exchange newsletter (Volume II, Issue I) is out in hardcopy and PDF formats. The Exeter ExchangeTM newsletter is written, produced and distributed by Exeter 1031 Exchange Services, LLC for the educational benefit of its clients and their Realtors and professional advisors.
You … (0 comments)
|
1031 exchange: Park County Prudential Real Estate Office Panels - 05/28/08 03:15 PM
In November of 2007 Gary Nichols entered into an agreement with the Forest Service Interpretive Specialist to provide design, illustration and fabrication of three interpretive panels. The Park County Tourism & Community Development Office in partnership with the USDA Forest Service, Colorado Division of Wildlife and others have installed interpretive exhibits … (0 comments)
|
1031 exchange: Spectrus Real Estate - Depreciation in a 1031 Exchange - 05/28/08 01:41 PM
It's important to think about depreciation when considering a 1031 exchange.
What is Depreciation?
Depreciation is an annual tax deduction or write-off that the IRS allows you to take for overall wear and tear and loss of utility of a property. Depreciation includes most types of tangible property such as buildings, … (0 comments)
|
1031 exchange: Domestic Terrorism? - 05/28/08 11:21 AM
I have been in the real estate industry, specifically in the 1031 exchange industry as a Qualified Intermediary, for almost 24 years. This is my third major real estate market cycle that I have gone through.
You Will Success If You Keep Your Cool
The one thing that I have always … (8 comments)
|
1031 exchange: Pasque Flower (Anemone pulsatilla) - 05/27/08 11:44 PM
The Wild Flower Season in Colorado Is Beginning
Take a Drive into Park County to Experience the Beauty
Pasque Flower (Anemone pulsatilla)
A pasque flower is a deciduous perennial that is found in short clumps in meadows and prairies of North America and Eurasia. The … (6 comments)
|
1031 exchange: DRE Credit 1031 Exchange Workshop for Realtors in Los Angeles - 05/22/08 09:31 PM
1031 Exchange Seminar
See all of our 1031 exchange seminar programs.
Basic to Intermediate Level 1031 Exchange Seminar
This is a basic to intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) tax-deferred, like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of … (2 comments)
|
1031 exchange: Ed Okun's Criminal Trial Date Set for October 20, 2008: Is This The End of One America's Most Revolting White Collar Criminals? - 05/22/08 08:02 PM
Preface: Please Read My Storyand Follow the Links
Over the course of the past two years the 1031 Exchange industry has been hit with two devastating and perception crushing scandals: Donald McGhan's Southwest Exchange and Ed Okun's 1031 Tax Group (see my 40+ articles on this disaster at deansguide).
I … (0 comments)
|
1031 exchange: Commercial Property Exchange - 05/17/08 08:13 PM
Check out http://activerain.com/groups/cpe to list your Commercial Properties. COMERCIAL PROPERTIES ONLY PLEASE. This one is not a blog or talking site, it is intended for commercial agents on Active Rain to list properties and find potential buyers. Any questions, please give me a call 210-857-2375.
… (1 comments)
|
1031 exchange: 10 Questions to Ask a Prospective 1031 Exchange Company (Qualified Intermediary) - 05/17/08 06:11 PM
This is a follow-up to my recent post today regarding things to consider when choosing a 1031 exchange qualified intermediary entitled It's 3:00 AM. Will your QI Answer The Phone?
Ten Questions to Ask When Choosing a 1031 Exchange Qualified Intermediary
A little due diligence can pay off when you ask the … (0 comments)
|
1031 exchange: It's 3:00 AM Will Your 1031 Exchange Qualified Intermediary Pick Up The Phone? - 05/17/08 05:52 PM
It's 3:00 a.m. Will your 1031 exchange Qualified Intermediary answer the phone?
We can't always choose when an idea or a burning question will pop into our heads. And it's not unusual for that to happen after one's head has hit the pillow and the light is switched off.
"If I could … (0 comments)
|
1031 exchange: A Job Well Done! Accolades From A Tough Critic! - 05/16/08 03:54 PM
I received the following email from an escrow officer complimenting us on our service. This particular escrow officer is an exceptionally talented, exceptionally technical, and exceptionally brilliant certified senior escrow officer, so to receive this compliment for Maureen Brown and Shelby Shoemake on our 1031 exchange team was saying quite a … (8 comments)
|
1031 exchange: Spectrus Real Estate - $55 Billion Tour Recap - 05/15/08 01:16 PM
Spectrus Real Estate, a leading provider of investment real estate in the United States, just wrapped up a five-city $55 billion tour to introduce its new Net Lease PLUSTM program to the commercial real estate brokerage community.
Those who attended learned about doubling their real estate income in 2008 through the … (0 comments)
|
1031 exchange: 1031 Exchanges with Real Estate AND Personal Property Blog Post No. 1 in a Series - 05/14/08 12:04 AM
I've been writing and speaking on 1031 exchange related topics for almost 24 years now and it still amazes me at how many taxpayers really do not understand what a 1031 exchange is, what type of investment property qualifies, what the requirements are and how to properly structure them. Hence the … (2 comments)
|
1031 exchange: Foreclosure Tax Relief - 05/12/08 12:25 PM
Congress recently passed a new law regarding mortgage debt forgiveness resulting from a foreclosure or reduction in loan amount (i.e. short sales). The law affects mortgages that have been adjusted between January 1, 2007 and December 31, 2009. Basically the law will not require a taxpayer to take income from debt … (0 comments)
|
1031 exchange: Related Party Transaction - 1031 Exchange - 05/07/08 04:12 PM
If you were to exchange your property utilizing the benefits of IRC Section 1031, you can defer the tax on the gain, allowing reinvestment of all your equity in to one or several investment properties. However, great care must be taken when investors tries to complete their exchange by either selling … (2 comments)
|
1031 exchange: Primary Residence, sale with tax deferment - 05/06/08 12:01 PM
An expensive cabin in the woods could lead to a big tax bill upon its sale, even if it is your primary home. Section 1031 can be an effective strategy on the sale of a primary residence that contains excess land surrounding a personal residence. For example, a taxpayer owns a … (5 comments)
|
1031 exchange: You're Invited to Earn 2 Hours of DRE Credit on Tuesday in San Diego, CA - 05/05/08 10:37 PM
Our in depth 1031 exchange program is tomorrow, Tuesday, May 6th, 2008. I will be presenting an in depth look at the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a 1031 exchange transaction.
Realtors can earn 2.0 hours of California Department of Real Estate continuing education credits for … (0 comments)
|
1031 exchange: Spectrus Real Estate - 1031 Exchange Overview - 05/05/08 02:24 PM
Under Internal Revenue Code (IRC) Section 1031, a real property owner can sell certain property and then reallocate the proceeds into ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the … (0 comments)
|
1031 exchange: Spectrus Real Estate News - 05/05/08 01:58 PM
Read our articles, press releases, and updates about investment real estate solutions with Spectrus, including information on 1031 exchanges, Net Lease PLUS, and other opportunities. Our website and blog is routinely updated investment real estate and 1031 exchange information for more information about Spectrus Real Estate.
Spectrus Real Estate Media Relations Robin … (0 comments)
|
1031 exchange: Spectrus Real Estate 1031 Exchange Resources - 05/05/08 01:56 PM
As 1031 exchange specialists, Spectrus Real Estate specializes in 1031 exchange properties. We provide investment real estate solutions that can help you maximize capital gains and defer capital gains tax.
A 1031 exchange, also known as a 1031 Like-kind Exchange or Starker Tax Deferred Exchange, is the process where a real … (0 comments)
|
1031 exchange: Geodesic Greenhouse - 05/04/08 11:05 PM
Year Round Gardening in Colorado
Many of you expressed interest in geodesic gardening. The thermal mass is where the goldfish are kept. I am not kidding. The entire center of the dome is usually filled with raised beds as well as the space above those raised beds.
http://www.geodesic-greenhouse-kits.com I have posted … (1 comments)
|
1031 exchange: Fellow Rainer to Discuss Seller Carry Back Notes on The Exeter Group Real Estate Talk Radio Show - 05/03/08 01:43 PM
Seller carry back notes or seller financing has once again become a hot topic. Creative financing had become a thing of the past with all of the "easy money" or "easy loans" with "easy qualifying." As we all know, times have changed and "easy money" is long gone.
Buyers/Borrowers now have to actually qualify for financing. Imagine … (4 comments)
|
1031 exchange: Amazing Investment Opportunity! Land Development for sale! 1031 DREAM!!! - 05/03/08 10:57 AM
RE Pros!I have an AWESOME land development for sale. I am selling it because I have moved onto two other developments (one out of the country), and want to shift my focus to them. My focus change, is your gain! Please click below to view a sales packet on Kensington Park … (0 comments)
|
1031 exchange: Difficult Real Estate Markets Call For Creative Thinking and Creative Financing - 05/03/08 12:27 AM
Seller Carry Back Notes or Seller Financing
Creative financing had dropped off quite a bit over the last few years given the lending environment and "easy money" or "easy qualifing." The real estate market has of course changed quite a bit and the "easy financing" days are well behind us.
So, … (6 comments)
|
1031 exchange: Spectrus Real Estate - Investment Real Estate Solutions - 05/02/08 02:42 PM
Our investment real estate opportunities create multiple scenarios to help meet the varying needs of people of all ages who want to accrue wealth through real estate ownership. Spectrus Real Estate offers various investment real estate opportunities that can be selected individually or combined to generate the right solution.
A list of … (0 comments)
|
1031 exchange: Not Just Another 1031 Exchange Seminar; Its An Advisory Meeting - 05/01/08 09:28 PM
We listened to our clients and their advisors. They told us that most 1031 exchange seminars were too shallow and superficial. They indicated that most of the speakers and/or programs would cover the basics of 1031 exchanges, but not get into the nitty gritty. They wanted to ask more questions, but the venue … (2 comments)
|
1031 exchange: Spectrus Real Estate - Net Lease Information - 05/01/08 02:13 PM
What is a NNN lease and how does it correlate to 1031 exchange properties? A NNN (or triple net) lease is a lease in which the tenant is to pay all operating expenses of the property, and the landlord receives a net rent. For example: Big Buy Supermarkets enters into a … (0 comments)
|
1031 exchange: Dome Gardening - 04/30/08 03:30 PM
Dome gardening is great for the mountains. Imagine having a growing season year round at an elevation of over 8,000 ft.
The mountains of Colorado can provide fresh vegetables. Within a matter of a few months this dome structure will be filled with fresh tomatoes, a variety of herbs and lettuces,not … (16 comments)
|
1031 exchange: Learn How to Help Your Clients with 1031 Exchanges: DRE CREDIT - 04/28/08 07:04 PM
Basic to Intermediate Level 1031 Exchange Seminar
This is a basic to intermediate level workshop on forward, reverse and improvement (build-to-suit or construction) 1031 exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations.
Educational Workshop Content
The educational workshop will begin with … (2 comments)
|
1031 exchange: Property Parking Enforcement Issues to be Discussed on Radio Show - 04/27/08 10:19 PM
You are probably very well aware of the frustrations involved with private parking issues when you own investment property, especially multi-family property. We thought it was time to bring someone on the show that has a background in private parking enforcement issues, including owner liability.
The Exeter Group Real Estate Talk … (0 comments)
|
1031 exchange: ATTN: NJ & PA CPA's EARN ONE (1) CPE CREDIT! Upcoming Webinar - Intro to Section 1031 Exchanges & TIC Investing - 04/22/08 11:03 AM
… (0 comments)
|
1031 exchange: Renee Johnson - New to Active Rain - 04/21/08 10:05 AM
Biography
A San Antonio, TX native Renee Johnson graduated from Texas Lutheran University with a Liberal Arts Degree in Communications. Her professional career began at Southwestern Bell Telephone Company. With over 25 years of service, Renee held positions that ranged from Operations Manager, Data Base Administrator to Senior Systems Analysis. Renee started … (9 comments)
|
1031 exchange: Online Resource for RE professionals to Locate CE Classes, Track CE Credits, and More to be Featured on Radio Show - 04/18/08 10:17 PM
The Exeter Group Real Estate Talk Radio ShowTM
The Exeter Group Real Estate Talk Radio ShowTM is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Savings Time.
Listen to The Exeter Group Real Estate Talk Radio ShowTM LIVEListen to prior recorded episodes
Upcoming Show Dates and Topics
Click here … (3 comments)
|
