1031 Exchange Expert: Qualified Intermediary, 1031 Exchanges, Accommodator, California and the U.S., etc., etc,

Friday, June 27 - 8:30 am Forwarded to me from the Yosemite Gateway Association of Realtors  THE FOLLOWING INFORMATION WAS OBTAINED FROM THE SIERRA NATIONAL FOREST BASS LAKE RANGER DISTRICT & CAL FIRE Three fires are located northwest of the town of Oakhurst, south of Fish Camp, just south of Pon...

A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post. If you w...

I recently received an email from the Yosemite Gateway Association of Realtors indicating that the firefighters who have been fighting the Silver Complex fires could use donations for incidental supplies to make them more comfortable while they are protecting our homes and forests. If you are in...

Thursday, June 26 - 10:00 am THE FOLLOWING INFORMATION WAS OBTAINED FROM THE SIERRA NATIONAL FOREST BASS LAKE RANGER DISTRICT & CAL FIRE Three fires are located northwest of the town of Oakhurst, south of Fish Camp, just south of Ponderosa Basin, and in the Timber Loft area. Fire suppression effo...

  I know it sounds weird but it could help an investor in a very specific set of circumstances. In the last post we examined the options available for taxpayers who had debt forgiven or canceled on their principal residence.  But what about those who own investment property who are facing a short...

A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post. If you w...

YES!  This issue has come up twice this week. Once on an AR blog and once in the course of my business. So here you go. . . When a client selects a Qualified Intermediary (QI, accommodator, facilitator) and decides to open an exchange account a number of contractual things need to happen before t...

There May Still Be Capital Gain Even If they Are Selling for Less than What They Paid to Purchase It!!!   You ask, "How can that possibly be?" Well, remember that when a taxpayer engages in a 1031 Tax Deferred Exchange (selling investment property and exchanging into a new investment property) th...

There May Still Be Capital Gain Even If they Are Selling for Less than What They Paid to Purchase It!!!   You ask, "How can that possibly be?" Well, remember that when a taxpayer engages in a 1031 Tax Deferred Exchange (selling investment property and exchanging into a new investment property) th...