1031: Why Does the 1031 Exchange Exist? - 08/26/08 05:52 PM
1031 Exchange Dates Back to 1921
Section 1031 of the Internal Revenue Code ("1031 exchange") seems like it has been around since the beginning of time. The 1031 exchange has roots that date back to the year 1921. But, so many taxpayers are not even aware of the tax deferred exchange.
Why Does the
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 1031 Exchange Workshop in Irvine, California on Wednesday, June 25, 2008 - 06/22/08 05:08 PM
Intermediate Level 1031 Exchange Seminar
This is an 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 Regulations.
Educational Workshop Content
The educational workshop will begin with an introduction to
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1031: Help, I Need To Extend My 1031 Exchange ID Deadline - 06/19/08 10:50 AM
We hear this comment all the time. It is usually more of a plea or in a state of panic than a comment or question. The 45 calendar day deadline to identify your like-kind replacement property is a very short window of time.
1031 Exchange Deadlines Are Law
Unfortunately, there is
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: 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
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1031: History of TIC Investment Properties to be Discussed on The Exeter Group RE Talk Radio - 05/10/08 11:31 PM
There has been lots of talk about tenant-in-common investment properties, or also referred to as TIC investment properties for short, since the Internal Revenue Service issued Revenue Procedure 2002-22 in March 2002.
We thought that an historical perspective might be useful so that you can learn where TIC investment properties came from
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1031: 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
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1031: 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
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1031: 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
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1031: Realtors: Learn How To Earn More Commissions with 1031 Exchanges - 04/17/08 10:16 PM
In today's real estate market, it has become more important than ever to offer your clients every product and property available. If you are not already active promoting Tenant-In-Common real estate properties, then you are missing out on a powerful opportunity to make more commission revenue while helping your investment clients!
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1031: Introducing Mellanese Lofton, Esq. (New to ACTIVE RAIN and to EXETER) - 04/09/08 10:05 AM
I announced that we had opened a 1031 exchange branch office operation on the Big Island of Hawaii and now I wanted to introduce our newest member of our team of 1031 exchange experts to you: Ms. Mellanese Lofton, Esq. Mellanese S. Lofton, Esq. Mellanese is our new Branch Manager for
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1031: EXETER 1031 Exchange Services, LLC Expands into Hawaii - 04/07/08 11:23 PM
I gave everyone on ACTIVE RAIN a sneak peek last week that we were expanding into Hawaii, but now its official, so here is our press release announcing our further nationwide expansion into Hawaii. Exeter News Wire Media Contact:William L. ExeterPresident and Chief Executive OfficerExeter 1031 Exchange Services, LLC(619) 615-4210 FOR IMMEDIATE RELEASE
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1031: 1031 Exchange Seminar in San Diego, California on May 6th, 2008 - 04/03/08 10:26 PM
An Invitation for a Free 1031 Exchange Seminar Two (2) Hours of DRE Credit ProvidedExam Required by DRE This is a FREE basic to intermediate level discussion on Section 1031 Tax-Deferred Exchanges. The program will include the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a 1031 exchange, including a discussion
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1031: It Is Starting Off to be a GREAT Month! - 04/03/08 10:26 AM
Our 1031 exchange activity is up, our phones are ringing off the hook, we are struggling to keep up with emails requesting information on 1031 exchanges (many about how to report prior transactions on their income tax forms). This just puts you in a great mood. We have weathered yet another
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1031: IRS Extends 1031 Exchange Deadlines for Arkansas Counties - 04/02/08 04:41 PM
1031 Exchange 45 and 180 Day Deadlines Extended for Arkansas Counties The IRS has issued an extension Notice for the following Arkansas counties for storms on March 18th: Baxter, Benton, Independence, Jackson, Lawrence, Logan, Madison, Marion, Randolph, Stone and Woodruff. Both of the following criteria must be met to get the extension under
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1031: 1031 Exchange 45 and 180 Day Extensions for Missouri Counties - 04/01/08 03:57 PM
1031 Exchange 45 and 180 Day Extensions for Missouri Counties The IRS has issued an extension Notice for the following Missouri counties for storms beginning March 17th: Bollinger, Carter, Christian, Franklin, Greene, Iron, Jasper, Jefferson, Maries, Newton, Oregon, Phelps, Pulaski, Reynolds, St. Francois, Stone, Texas, Washington and Wayne. Both of the following
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1031: Interest Income on 1031 Exchange Funds - 03/30/08 02:36 PM
I'm often asked if the interest income earned on a client's 1031 exchange funds while held by the Qualified Intermediary is taxable even if the interest income is used/reinvested into the like-kind replacement property that is acquired as part of their 1031 exchange transaction. Background Your client would retain the services of
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1031: Revisiting Tax Reporting for Failed 1031 Exchange Transactions - 03/30/08 02:27 PM
Tax Reporting for Failed 1031 Exchange Transactions I posted a fairly extensive post on this topic in December 2007, but thought that since we are only a few weeks away from our tax filing deadline I thought I should revisit the issue once again. The question at hand: When is an
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1031: The Turner Top Ten Rules for TIC Investing - 03/29/08 11:10 PM
It is always interesting to see how things develop from a quick off the cuff conversation. We recently had Tracy Turner on The Exeter Group Real Estate Talk Radio Show as one of our guest experts, and during one of the commercial breaks we quickly said that he should come up with
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1031: Land Banking and 1031 Exchanges - 03/29/08 10:53 PM
You have probably had clients that were in a 1031 exchange and could not find investment real estate that was suitable for their investment needs. They begin to panic when they are getting close to the end of their 45 calendar day identification deadline. 45 Calendar Day ID Period Clients must identify
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1031: California Proposes To Limit 1031 Exchange Like-Kind Property - 03/28/08 12:16 AM
California Proposes to Limit 1031 Exchange Like-Kind Property The California Legislative Analyst's Office (LAO) has issued a proposed change to California's treatment of tax deferred exchanges. The proposed change would disallow tax deferred exchanges of California real property into out-of-state "commercial" property (commercial property is not adequately defined at this point in time). Federal
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1031: Does Sale of Real Estate and Subsequent Payoff of Debt Qualify For 1031 Exchange - 03/27/08 01:47 PM
Have you ever noticed that certain things always come or go in cycles? It's funny, but certain questions also seem to come in cycles, too. Sell Real Estate; Paydown or Payoff Debt Can I sell my rental property and structure a 1031 exchange where I use the 1031 exchange proceeds to pay
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1031: Attorney On Staff; But NOT Attorney Managed - 03/27/08 01:18 PM
Attorney On Staff; Attorney's On Retainer; BUT ABSOLUTELY NOT ATTORNEY MANAGED This is an extremely important distinction that 1031 exchange clients and their legal, tax and/or financial advisors should be aware of when evaluating 1031 exchange qualified intermediaries. At Exeter 1031 Exchange, we believe that we should have the resources available, including
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1031: Short Sale Triggers Capital Gain Tax: Can I 1031 Exchange? - 03/22/08 04:58 PM
The question "I am selling my investment property and completing a short sale. Can I use the 1031 exchange to defer my income taxes?" has become a common question that I have been asked during many of my speaking engagements and on our radio show. The answer is a definite absolute
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1031: 1031 Exchange Transaction Volume UP FOR FEBRUARY AND MARCH - 03/22/08 04:31 PM
I am asked at virtually each and every 1031 exchange seminar or real estate event that I speak at whether our 1031 exchange transaction volume is up, down or flat. This is a question on a lot of peoples minds, so I thought it was time to blog about it. Recent
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1031: Increased Audit Risk for 1031 Exchanges? Yes, but.... - 03/16/08 05:46 PM
There have been a number of recent reports, publications and rulings that have investors and advisors a little nervous and asking the question: Will we see an increase in the number of audits of 1031 exchange transactions in the near future? State of California Places 1031 Exchanges on Top Audit Issues Report
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1031: IRS Clarifies Who You Can and Can NOT Identify to in a 1031 Exchange - 03/15/08 10:48 AM
Identifying Your Like-Kind Replacement Property in a 1031 Exchange There has been disagreement among 1031 exchange experts and advisors as to who the identification of replacement property should be sent or delivered to. Section 1.1031 of the Treasury Regulations require that the identification of replacement property be made or delivered to a party
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1031: IRS Clarifies Who You Can and Can NOT Identify to in a 1031 Exchange - 03/15/08 10:48 AM
Identifying Your Like-Kind Replacement Property in a 1031 Exchange There has been disagreement among 1031 exchange experts and advisors as to who the identification of replacement property should be sent or delivered to. Section 1.1031 of the Treasury Regulations require that the identification of replacement property be made or delivered to a party
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1031: IRS's Fact Sheet on 1031 Exchanges Clarifies Certain Gray Areas Within the 1031 Exchange Industry - 03/15/08 01:42 AM
IRS Releases Fact Sheet FS-2008-18 on Like Kind Exchanges I announced in a blog post as well in a company press release that the IRS had issued a FACT SHEET (FS-2008-18) on 1031 exchanges pursuant to Section 1031 of the Internal Revenue Code that was designed to assist taxpayers in understanding how to property
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1031: IRS Issues Fact Sheet FS-2008-18 on Like Kind Exchange Under IRC Code Section 1031 - 03/13/08 10:15 AM
IRS Releases Fact Sheet No. FS-2008-18 The Internal Revenue Service (IRS) has issued a FACT SHEET (FS-2008-18) on like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations. This new Fact Sheet is the 21st issue of the "Tax Gap" series and
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1031: Build Your Own 1031 Exchange Cheat Sheet! Part V - 03/09/08 12:23 PM
The 1031 Exchange Cheat Sheet Continues This post continues the blog series on helping you build your very own 1031 Exchange Cheat Sheet with Part V of this Series. We summarized the reinvestment requirements that taxpayers must follow in order to defer 100% of their capital gain and depreciation recapture income tax
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1031: Build Your Own 1031 Exchange Cheat Sheet! Part IV - 03/09/08 11:49 AM
The 1031 Exchange Cheat Sheet Continues This post continues the blog series on helping you build your very own 1031 Exchange Cheat Sheet with Part IV of this Series. We summarized the two (2) 1031 Exchange Deadlines that taxpayers are required to follow and comply with in Part III of this
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1031: Build Your Own 1031 Exchange Cheat Sheet! Part III - 03/09/08 01:18 AM
The 1031 Exchange Cheat Sheet Continues This post continues the blog series on helping you build your very own 1031 Exchange Cheat Sheet with Part III of this Series. We reviewed the various 1031 exchange structures available in Part II of this Series. We will now review the required 1031 exchange deadlines. 1031
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1031: Build Your Own 1031 Exchange Cheat Sheet! Part II - 03/09/08 12:34 AM
The 1031 Exchange Cheat Sheet Continues This post continues the blog series on helping you build your very own 1031 Exchange Cheat Sheet with part II of the series. We determined in Part I whether the relinquished real property and the replacement real property in question qualify for tax-deferred exchange treatment
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1031: Build Your Own 1031 Exchange Cheat Sheet! Part I - 03/08/08 11:58 PM
I have been asked a number of times to design a cheat sheet (i.e. not in legal ease like many other qualified intermediaries posts) on what qualifies for tax-deferred exchange treatment under Section 1031 of the Internal Revenue Code. So, here we go. I'm going to help you build a cheat
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1031: Discussion of 1031 Exchanges of Vacation Property and Second Homes and MORE.... - 03/04/08 08:22 PM
The Exeter Group Real Estate Talk Radio Show 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. Click here to listen live on Monday. Monday, March 10, 2008 Richard "Rick" E. Woollen, CPA, Registered Representative, 1031EPS,
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1031: Have A 1031 Exchange Question, But Can't Seem To Get an Answer? - 03/02/08 08:47 PM
I have heard this from many investors time and time again. They have a 1031 exchange question and can't get an answer or get so many different answers (opinions, really) that they become overwhelmed and frustrated and do not know who to trust or what to do next. The problem is
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1031: EXETER 1031 Exchange Services, LLC Expands into New York - 03/01/08 06:41 PM
Exeter News WireMedia Contact:William L. ExeterPresident and Chief Executive OfficerExeter 1031 Exchange Services, LLC(619) 615-4210 FOR IMMEDIATE RELEASE Exeter Expands 1031 Exchange Operations to New York Expansion on East Coast Continues with Opening of New York Branch Office March 3, 2008--San Diego, California--Exeter 1031 Exchange Services, LLC continued its expansion on the east
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1031: Exeter to Appear on Income Property Investment Talk Radio TODAY - 02/27/08 08:36 AM
William L. Exeter appears as a 1031 exchange guest expert today on Income Property Investment Talk Radio Show hosted by Peter L. Mosca and Dean Essa to discuss evaluating and selecting your 1031 exchange Qualified Intermediary and the basics of 1031 exchanges. Access Information You can visit our web page at http://www.exeter1031.com/Seminars.aspx
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1031: Property Tax Issues in a Declining Real Estate Market on The Exeter Group Real Estate Talk Radio Show - 02/27/08 08:32 AM
The Exeter Group Topics and Show Dates 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. Click here to listen live on Monday. Monday, March 3, 2008 Corie Maue, Owner, Prop8Pros.com is back with us again
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1031: 1031 Exchange of Vacation Homes and Second Homes - 02/22/08 10:16 AM
There has been lots of debate within the industry as to whether or not you can 1031 exchange vacation properties, second homes and properties that were formerly your primary residence. There were many opinions being circulated and lots of misinformation. The Internal Revenue Service has finally issued guidance regarding the 1031
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1031: IRS Issues Safe Harbors for 1031 Exchanges of Vacation Property and Second Homes - 02/20/08 02:18 PM
IRS Issues Guidance on 1031 Exchange of Vacation Property The Internal Revenue Service issued guidance that provided specific safe harbors in structuring a 1031 exchange of vacation properties, second homes and conversions of primary residences. You can read our company press release. IRS Revenue Procedure 2008-16 This guidance and safe harbors came
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1031: IRS Extends 1031 Exchange Deadlines for Arkansas and Tennessee Counties - 02/17/08 11:42 PM
45 and 180 Day Extensions for Arkansas and Tennessee Counties The IRS has issued an extension Notice for the following counties for the February 5th storms: Arkansas: Baxter, Conway, Izard, Pope, Randolph, Sharp, Stone and Van Buren. Tennessee: Benton, Hardin, Hickman, Houston, Lewis, Macon, Madison, Montgomery, Perry, Shelby, Sumner, Trousdale and Williamson. [Note that
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1031: 2007 IRS 1031 Exchange Tax Forms Updated - 02/17/08 01:23 PM
We have uploaded most of the 2007 IRS 1031 Exchange Tax Forms and Publications that you will need to complete your 2007 income tax return filing to our web site at http://www.exeter1031.com/FD_FormDocumentLibrary.aspx. The IRS is behind in updating certain forms since Congress waited to the last minute to pass certain legislation
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1031: Parties Involved in a Tenant-In-Common ("TIC") Investment Offering - 02/10/08 09:26 AM
Parties Involved in a Tenant-In-Common ("TIC") Investment Offering The number of parties involved in a normal tenant-in-common or "TIC" investment property transaction confuses even the most savvy real estate investor and for good reason: the structure of these investment offerings necessitates that additional parties be involved for securities and income tax
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1031: Overview of Tenant-In-Common Investment Property Interests or TICs - 02/10/08 01:33 AM
Overview of Tenant-In-Common Investment Property Interests or TICs As a Qualified Intermediary for 1031 Exchange transactions, one of the concerns that we often hear about from Investors when structuring 1031 Exchange transactions is the difficulty in locating, identifying and ultimately acquiring suitable like-kind replacement properties within the required 1031 Exchange deadlines. Investors often
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1031: 1031 Exchanges of Timberland and/or Timber - 02/09/08 07:03 PM
1031 Exchanges of Timberland and/or Timber The disposition or sale of timberland and unsevered timber can qualify for 1031 Exchange treatment when like-kind replacement timberland, unsevered timber or other property is acquired as part of an integrated 1031 exchange transaction. Timberland and Unsevered Timber are Real Property Timberland and unsevered timber, also
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, February 11, 2008 - 02/08/08 10:29 PM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Time. Click here to listen live on Monday. Monday, February 11, 2008 We had so much information left to share from last week that the dynamic
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1031: 1031 Exchange Instructions for Real Estate Closing and Settlement Agents - 02/08/08 10:22 PM
Here are some tips for working with a 1031 exchange. The Role of the Qualified Intermediary (Accommodator) Qualified Intermediaries are responsible for (1) preparing the 1031 exchange legal agreements and related documents; and (2) holding, safeguarding and investing the 1031 exchange funds during the like-kind exchange transaction; and (3) coordinating the overall
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1031: Related Party Issues in 1031 Exchanges - 02/07/08 09:50 PM
Related Party Issues In 1031 Exchanges There has been considerable abuse over the years by investors who have used various "related party" strategies or techniques to defer, avoid and even evade the payment of income taxes liabilities. 1031 exchanges have not been immune to such abuse, and the Internal Revenue Service
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1031: IRS Form 8824 Guidance with a Reverse 1031 Exchange - 02/07/08 09:29 PM
The first thing you need to do throw out the term reverse 1031 exchange. It is really not a reverse 1031 exchange. A true reverse 1031 exchange would mean that you could acquire and receive title to like-kind replacement property and then subsequently sell and convey title to the relinquished property.
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1031: 1031 Exchange Permissible Closing Costs - 02/07/08 09:15 PM
1031 Exchange Permissible and Non-Permissible Closing/Settlement Costs Tax-deferred like-kind exchange proceeds can be used to pay for certain routine permissible transaction, settlement and closing costs related to the disposition of the relinquished property and/or the acquisition of the like-kind replacement property without creating an income tax liability for the Investor. Other expenses,
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1031: 1031 Exchange Seminar for San Diego Rainers with DRE Credit - 02/05/08 12:48 AM
1031 Exchange Seminar in San Diego 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) 1031 exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, February 4, 2008 - 02/04/08 12:11 AM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Time. Click here to listen live on Monday. Monday, February 4, 2008 Tracy Turner, President, Chief Executive Officer, Founder of TIC Consultants, a division of Turner Financial Group,
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1031: California FTB Issues Notice Regarding Like-Kind Exchanges of TIC Interests - 02/02/08 07:57 PM
Exeter News Wire Media Contact:William L. ExeterPresident and Chief Executive OfficerExeter 1031 Exchange Services, LLC(619) 615-4210 FOR IMMEDIATE RELEASE FTB Issues Notice Regarding Like-Kind Exchanges of TIC Interests California FTB Says Revenue Procedure 2002-22 Only Minimum Requirements The California Franchise Tax Board issued Notice 1107_02 in November 2007 indicating that they are seeing a trend
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1031: 1031 Exchange Workshop in Irvine, California - 01/31/08 04:24 PM
1031 Exchange Seminar in Irvine, California 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
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1031: UPDATE on the Proposed Change to Section 1031 of the IRC: Subsidized Agricultural Land or Farm Land - 01/27/08 09:49 PM
Proposed Change to Section 1031: Exchanges of Subsidized Agricultural Land or Farm Land I previously blogged about the Farm Bill that is currently pending before the United States Congress and the fact that it contains a provision that would affect Section 1031 of the Internal Revenue Code, including the exchange of
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1031: EXETER 1031 Exchange Services, LLC Expands into Arizona - 01/27/08 04:29 PM
Exeter News Wire Media Contact: William L. Exeter President and Chief Executive Officer Exeter 1031 Exchange Services, LLC (619) 615-4210 FOR IMMEDIATE RELEASE Exeter Expands 1031 Exchange Operations Into Arizona Exeter 1031 Exchange Opens Tucson, Arizona Branch Office February 1, 2008--Tucson, Arizona--Exeter 1031 Exchange Services, LLC expanded its national 1031 Exchange branch office
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1031: Listen to Prior Recorded Shows of The Exeter Group Real Estate Talk Radio Show - 01/26/08 01:52 PM
Listen Live You can click here to listen live to The Exeter Group Real Estate Talk Radio Show each and every Monday from 12:00 noon PST to 1:00 PM PST. List to PRIOR Recorded Shows Prior recorded versions of our radio shows are archived through our web site. You can scroll through and view
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, January 21, 2008 - 01/21/08 11:47 AM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Savings Time. Click here to listen live on Monday. Monday, January 21, 2008 Certified Estate Advisor Rusty Tweed, President, Chief Executive Officer and Founder of Tweed
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1031: Proposed Change to Section 1031 of the IRC: Subsidized Agricultural Land or Farm Land - 01/19/08 11:31 PM
Proposed Change to Section 1031: Exchanges of Subsidized Agricultural Land or Farm Land The Farm Bill that is currently pending before the United States Congress contains a provision that would affect Section 1031 of the Internal Revenue Code, including the exchange of subsidized agricultural land (ag land) or farm land. Essentially,
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1031: Proposed Changes to Section 1031: Exchanges of Collectibles (Works of Art) - 01/19/08 11:25 PM
Proposed Change to Section 1031: Exchanges of Collectibles (Works of Art) The Farm Bill that is currently pending before the United States Congress contained a number of provisions that would affect Section 1031 of the Internal Revenue Code, including the exchange of art work or collectibles. The provision would have essentially prohibited
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, January 21, 2008 - 01/15/08 09:23 PM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Time. Monday, January 21, 2008 Certified Estate Advisor Rusty Tweed, President, Chief Executive Officer and Founder of Tweed Financial Services, Inc. once again joins The Exeter Group
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, January 14, 2008 - 01/13/08 01:47 PM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Time. Click here to listen live this coming Monday. Monday, January 14, 2008 Tracy Turner, President, Chief Executive Officer, Founder of TIC Consultants, a division of Turner Financial Group,
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1031: States that do NOT Mirror Section 1031 of the Internal Revenue Code - 01/08/08 03:45 PM
One of the most common misconceptions is that a tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code means that all taxes are deferred. This may not be true. It depends on the state that either you or your relinquished property or replacement property are located in. It also
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1031: Real Estate Talk Radio by The Exeter Group on Monday, January 7, 2008 - 01/07/08 12:13 AM
Radio Show Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM PST. Monday, January 7, 2008 Eric Hutchins, President, Chief Executive Officer, Founder of Smart-Plex, Inc. from Bakersfield, California will be in studio as well to
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1031: 1031 Exchange WEBINAR - 01/04/08 06:06 PM
1031 Exchange Webinar See all of our 1031 exchange seminar programs. Basic Level 1031 Exchange Webinar This is a basic level webinar on 1031 exchange transactions pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations and tenant-in-common investment properties pursuant to Revenue Procedures 2002-22.
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1031: Real Estate Talk Radio by The Exeter Group on Monday, January 7, 2008 - 01/03/08 01:39 AM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon PST to 1:00 PM Pacific Standard/Daylight Time. Monday, January 7, 2008 - Happy New Year! Tracy Turner, President, Chief Executive Officer, Founder of TIC Consultants, a division of Turner Financial Group, Inc.
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1031: Parties Involved in a Tenancy-In-Common ("TIC") Offering - 12/27/07 10:43 PM
Parties Involved in a Tenancy-In-Common ("TIC") Offering The number of parties involved in a normal tenant-in-common or "TIC" investment property transaction confuses even the most savvy real estate investor and for good reason: the structure of these investment offerings necessitates that additional parties be involved for securities and income tax law purposes.
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1031: Overview of Tenant-In-Common Investment Property Interests or TICs - 12/27/07 10:34 PM
As a Qualified Intermediary for 1031 Exchange transactions, one of the concerns that we often hear about from Investors when structuring 1031 Exchange transactions is the difficulty in locating, identifying and ultimately acquiring suitable like-kind replacement properties within the required 1031 Exchange deadlines. Investors often rush into an acquisition of a like-kind
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1031: The Exeter Group Real Estate Talk Radio Show for Monday, December 31, 2007 - 12/26/07 06:43 PM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon to 1:00 PM Pacific Standard/Daylight Time. Monday, December 31, 2007 Show We have the following guest experts joining us on Monday, December 31, 2007. Richard "Rick" E. Woollen, CPA, Registered Representative, 1031EPS, will
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1031: The Sting of the Short Sale: Can I 1031 Exchange - 12/26/07 06:18 PM
It has been over a decade since I have heard these type of questions over and over again, but they are now back! It's the same old song-and-dance. I've got investment property. I leveraged it to the max so that I could buy more investment property. And, then I did it
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1031: 1031 Exchange by the Numbers: Post No. 19 in a Series - 12/26/07 02:07 PM
This is the final post of the 1031 Exchange by the Numbers Series. We have walked you through each necessary step that is required to set-up and structure a 1031 exchange transaction up to the closing of the purchase of the like-kind replacement property. This final post will cover the necessary
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1031: 1031 Exchange Seminar on Tuesday, January 8, 2008 in San Diego, CA - 12/24/07 12:38 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 the Treasury
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1031: 1031 Exchange by the Numbers: Post No. 18 in a Series - 12/24/07 09:11 AM
Year-End Tax Planning With Failed 1031 Exchange We have addressed a number of 1031 exchange related issues centered around the closing of the relinquished property in my prior post in 1031 Exchange by the Numbers Series, including the assignment of the 1031 exchange Qualified Intermediary into the transaction, the 1031 exchange deadlines,
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1031: TODAY: The Exeter Group Real Estate Talk Radio Show for Monday, December 24, 2007 - 12/24/07 08:52 AM
Topics and Show Dates The Exeter Group Real Estate Talk Radio Show is live each and every Monday from 12:00 noon PST to 1:00 PM Pacific Standard/Daylight Time. Click here to listen live this coming Monday. Monday, December 24, 2007 We have a very special program today on commercial real estate. Our guest
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1031: Looking for Radio Personalities; Is it YOU? - 12/21/07 03:40 PM
We are looking for Realtors and real estate related professionals and servicers from every walk of life that have an engaging personality and would like to be on The Exeter Group Real Estate Talk Radio Show. Experience, expertise and knowledge are very important. We want to be able to provide our
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1031: 1031 Exchange by the Numbers: Post No. 17 in a Series - 12/21/07 07:51 AM
Identification Requirements for Like-Kind Replacement Properties You have very specific 1031 exchange identification requirements to comply with when identifying potential like-kind replacement properties for your 1031 exchange transaction. This is only a formal 1031 exchange identification process, and the prospective like-kind replacement properties being considered for acquisition do not need to
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1031: 1031 Exchange by the Numbers: Post No. 15 in a Series - 12/20/07 04:02 PM
The fun is about to begin. We have closed on the sale of your relinquished property and the 1031 exchange Qualified Intermediary is holding and safeguarding your 1031 exchange proceeds, which we discussed in the last post. Now we have certain 1031 exchange deadlines or due dates to be concerned about. 1031
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