How To Do A Section 1031 Like Kind Exchange

Author : Michael Lantrip
Publisher : Michael Lantrip
Page : 257 pages
File Size : 50,6 Mb
Release : 2017-01-01
Category : Business & Economics
ISBN : 9781945627019

Get Book

How To Do A Section 1031 Like Kind Exchange by Michael Lantrip Pdf

Top Real Estate Investors use Section 1031 instead of paying taxes on Capital Gains and Depreciation Recapture. And then they use the IRS's money to buy additional property. You can, too. Learn how to: 1.) Keep all of your profits, tax-deferred. 2.) Use IRS money to buy more property. 3.) Do Owner Financing within a Section 1031 Exchange. 4.) Buy and Rehab without selling first. 5.) Buy multiple Replacement Properties. 6.) 6X your personal property Depreciation. 7.) Close on an incomplete construction. 8.) Do a partially tax-deferred Exchange. 9.) Access your Equity tax-free. 10.) Use Section 121 and Section 1031 together. 11.) Make a Vacation Home an investment. 12.) Refinance, die, and eliminate all deferred taxes.

Author : Michael Lantrip
Publisher : Michael Lantrip
Page : 1 pages
File Size : 40,8 Mb
Release : 2018-01-18
Category : Business & Economics
ISBN : 9781945627057

Get Book

How To Do A Section 1031 Like Kind Exchange by Michael Lantrip Pdf

Don't sent 25% of your profits to the IRS. Top Real Estate Investors use Section 1031 instead of paying taxes on Capital Gains and Depreciation Recapture. Then they use IRS money to buy more property. With this book you will learn how to: 1.) Keep all of your profits, tax-deferred. 2.) Use IRS money to buy more property. 3.) Access your Equity, tax-free. 4.) Use Section 121 and Section 1031 together. 5.) Do Owner Financing inside a Section 1031. 6.) Buy and Rehab without selling first. 7.) Buy multiple Replacement Properties. 8.) 6X your Personal Property Depreciation. 9.) Close on an incomplete construction. 10.) Do a partially-tax-deferred Exchange. 11.) Make a Vacation Home an Investment. 12.) Report the Exchange on Form 8824. Scroll up and grab a copy today.

Author : Edwin V. Horan MS
Publisher : Trafford Publishing
Page : 248 pages
File Size : 46,5 Mb
Release : 2020-04-16
Category : Business & Economics
ISBN : 9781698700366

Get Book

How to Do a 1031 Exchange of Real Estate by Edwin V. Horan MS Pdf

How to Do a Like Kind Exchange of Real Estate If you own investment, business, or rental real estate this book can save you thousands of dollars in capital gains taxes. It is a true how to do book. The IRS requires a taxpayer to use a qualified intermediary if they wish to take advantage of the ‘safe harbor’ procedures established in the IRS regulation for a deferred exchange. This book explains the important and mandatory tasks for both the qualified intermediary (QI) and the taxpayer in an exchange. Simple to follow instructions and forms in this book will help you – — Learn if your property qualifies for a 1031 like kind exchange — Figure how much tax you will have to pay Uncle Sam if you sell — Determine what your reinvestment requirements will be — Know what documentation is required — Understand the exchange escrow requirements and rules — How to report the exchange to the IRS and much more !!!

Author : Bradley T. Borden
Publisher : Civic Research Institute, Inc.
Page : 46 pages
File Size : 45,8 Mb
Release : 2008
Category : Capital gains tax
ISBN : 9781887554633

Get Book

Tax-free Like-kind Exchanges by Bradley T. Borden Pdf

Author : Thomas J. Mahlum
Publisher : Dearborn Real Estate
Page : 88 pages
File Size : 41,7 Mb
Release : 2003
Category : Capital gains tax
ISBN : 0793175070

Get Book

Understanding 1031 Tax-free Exchanges by Thomas J. Mahlum Pdf

Author : Bradley Borden
Publisher : Vandeplas Pub.
Page : 342 pages
File Size : 49,5 Mb
Release : 2021-08-16
Category : Electronic
ISBN : 1600425399

Get Book

Section 1031 Exchanges For Real Estate Investors and Professionals by Bradley Borden Pdf

Most owners of real property wish to preserve the value of their investments, and many accomplish that goal by exchanging properties under section 1031 of the Internal Revenue Code. Although many property owners and their advisors have heard of section 1031, they may not be aware of all the nuances of section 1031. This book details the benefits of section 1031 and illustrates its application to typical and complex transactions. Using practical examples, the book demonstrates how taxes paid on the disposition of real property can erode a property owner's net worth and how doing a section 1031 exchange can prevent that erosion. The book describes several types of exchanges, including multi-party exchanges, deferred exchanges, reverse exchanges, improvements exchanges, and drop-and-swaps, and leads readers through each of those exchange structures with real-world examples and diagrams. The book also discusses related-party exchanges, exchanges of mixed-use property (i.e., property held for both business and personal use), and factors that may affect an investor's decision to acquire a DST, TIC interest, or triple-net property as replacement property.

Author : Edward Fernandez
Publisher : Independently Published
Page : 64 pages
File Size : 49,6 Mb
Release : 2018-10-15
Category : Business & Economics
ISBN : 1728658063

Get Book

1031 Exchanges Made Easy by Edward Fernandez Pdf

The 45-day Identification Period can be a very stressful event for 1031 Exchange investors. 1031 CrowdFunding can ease the stress with its online turnkey solution. Our experienced team of securities and real estate professionals have created an online marketplace that can accomplish this for you within days. The headaches of dealing with the tenants, the toilets and the trash are over!

Author : Garrett Sutton
Publisher : RDA Press, LLC
Page : 353 pages
File Size : 47,8 Mb
Release : 2013-08-06
Category : Business & Economics
ISBN : 9781937832223

Get Book

Loopholes of Real Estate by Garrett Sutton Pdf

The Loopholes of Real Estate reveals the tax and legal strategies used by the rich for generations to acquire and benefit from real estate investments. Clearly written, The Loopholes of Real Estate shows you how to open tax loopholes for your benefit and close legal loopholes for your protection.

Author : Edwin V. Horan
Publisher : Trafford on Demand Pub
Page : 152 pages
File Size : 47,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 9781412046145

Get Book

How to Do a Like Kind Exchange of Real Estate - Using a Qualified Intermediary by Edwin V. Horan Pdf

The book describes how real estate investors can safely defer capital gains tax by using a qualified intermediary to do a like kind exchange. The "safe harbor" process and IRS rules for completion of a tex deferred exchange of real estate are complex. This book explains the process step by step so that taxpayers can successfully compete their exchange. The criteria for qualifying properties is clearly explained. Worksheets in the book allow the taxpayer to compute the dederal tax that will be due if the taxpayer does not do an exchange. The important reinvestment requirements are explained in detail to ensure that the exchange will be fully tax free. The 45-day identification requirement and the 180-day exchange period are explained. A sample indentification letter is included for taxpayer use. Special exchange subjects included in the book include how to do a reverse exchange, combining an installment sale with a like kind exchange, how to convert your real estate rental into your principal residence, and the growing use of Tenancy-In-Common (TIC) commercial properties to complete an exchange. The actual Internal Revenue Code and IRS Regulations on like kind exchanges are included in the book's appendix. Also included are the suggested real estate contact addendums to show the taxpayers intent to do a like kind exchange. A tutorial on the new IRC Section 121 rules for exclusion of capital gains on the sale of a principal residence is also included. The final chapter in the book give a full explanation of how to report the exchange to the IRS and complete the intricate IRS Form 8824.

Author : Nancy N. Grekin
Publisher : CCH Incorporated
Page : 240 pages
File Size : 40,5 Mb
Release : 2003
Category : Capital gains tax
ISBN : 0808010328

Get Book

Practical Guide to Like-kind Exchanges Under Code by Nancy N. Grekin Pdf

"This book describe, the essential legal means available to swap one asset for another while holding a continuing investment of the same sorting tax advantage way."

Author : William Bischoff
Publisher : John Wiley & Sons
Page : 262 pages
File Size : 43,8 Mb
Release : 2018-05-03
Category : Business & Economics
ISBN : 9781119512301

Get Book

Cut Your Clients Tax Bill by William Bischoff Pdf

This title provides the latest techniques for building and conserving wealth through proactive tax-planning and investment strategies. Completely updated for tax law changes, this book will bring you up-to-date on the latest strategies that will keep more money in the hands of clients and make their accountant look like a hero! This book will help: Determine when selling capital assets, business assets, and real estate are to a client’s advantage Apply like-kind exchange rules under Section 1031 Identify ways to advise clients on how to minimize taxes on employer stock options and employer stock held in qualified retirement plan accounts Differentiate between incentive stock options (ISOs) and nonqualified stock options (NQSOs) Determine ways to help clients obtain maximum tax savings from vacation home and timeshare properties Differentiate between the rules for “regular” vacation homes, timeshares, and co-ownership deals Determine appropriate federal income tax advice for clients who are separated, divorcing, or divorced Recall ways to help middle-class clients identify college financing tax breaks Identify tax-saving college financing manoeuvres for higher-income clients who are ineligible for the well-known education tax breaks Identify strategies of husband-wife businesses that will reduce Social Security and Medicare taxes Identify strategies for how parents can employ their children through their closely held business

Author : Andrew G. Ogden
Publisher : 1031 Education Center
Page : 172 pages
File Size : 50,8 Mb
Release : 2009
Category : Capital gains tax
ISBN : 8210379456XXX

Get Book

The 1031 Exchange Handbook. by Andrew G. Ogden Pdf

Author : Diane Kennedy
Publisher : John Wiley & Sons
Page : 342 pages
File Size : 47,5 Mb
Release : 2010-12-28
Category : Business & Economics
ISBN : 9781118040393

Get Book

Loopholes of the Rich by Diane Kennedy Pdf

Loopholes of the Rich helps Americans from all walks of life use the same tax loopholes that the wealthy use to lower their tax bill. With this handy guide, you won?t need an accountant to find quick and easy ways to pay less. And there?s nothing unethical about these tax loopholes. In fact, the government wants you to take advantage of them! These tax-reducing tactics and strategies can give you the freedom to save for your family?s future or for your own financial independence. Plus, you?ll find a handy checklist of more than 300 business deductions, real-life tax strategy examples, useful sample forms, explanations of IRS codes and rules, and much more.

Author : C. Kerry Fields,Kevin C. Fields
Publisher : Aspen Publishing
Page : 668 pages
File Size : 47,9 Mb
Release : 2023-09-06
Category : Law
ISBN : 9781543808919

Get Book

Essentials of Real Estate Law by C. Kerry Fields,Kevin C. Fields Pdf

Authoritative yet concise, Essentials of Real Estate Law, Second Edition, offers students a carefully crafted overview of real estate law. Within a helpful and logical framework, the authors walk the student through every step of the process of purchasing and managing both residential and commercial real estate. With a practical approach that features problems, chapter assignments, realistic examples, and sample forms, this text offers a real-world approach to the practice of real estate law. New to the Second Edition: Updated and expanded forms and charts included throughout the book New cases focus on current issues Updated examples and exercises Streamlined presentation makes the material more accessible and easier to teach New Applying the Law boxed feature focuses on practical, real-world skills Professors and students will benefit from: Well-written textual explanations Complete coverage of Real Estate Law Real property interests Purchasing, financing, and conveying real estate Owning and operating real estate Succinctly edited cases that give students the opportunity to read case law Stand-alone chapters that can be adapted to fit any syllabus Focus on Ethics text boxes that highlight the responsibilities of real estate professionals A wealth of teaching tools in every chapter Review Questions Learning Objectives Chapter Outlines Introductions Definitions of new terms in the margins Practical exercises and applying the law boxes

Author : Neil S. Berman,Silvano DiGenova
Publisher : Coin & Currency Institute
Page : 320 pages
File Size : 51,6 Mb
Release : 2007-03-01
Category : Antiques & Collectibles
ISBN : 9780871844026

Get Book

The Investor's Guide to United States Coins by Neil S. Berman,Silvano DiGenova Pdf

A bible for coin investment in the 21st century.Twenty years ago, the first edition of this book was revolutionary in its approach to the buying and selling of rare coins. Collectors and investors were told that if they followed empirical models of price performance and investment return, not only would they profit handsomely, but their coin purchases would also outperform traditional investment vehicles.For this new edition, the well-known professional numismatist Silvano DiGenova and Dr. Jason Perry, Financial Economist at the Federal Reserve Bank of Boston, have joined the books original author, Neil S. Berman to fully update the contents, taking into account the steady acceleration in rare coin prices, changes in trading practices, the revolution in grading standards, and external factors affecting the buying and selling of coins. The result is a no-holds-barred look at todays evolving market that is indispensible to experienced collectors and investors as well as neophytes.Included is an extensive price history of all United States coins from 1955 to date, with notable auction results and listings of key dates. The numerous charts of data and illustrative graphs interspersed throughout will be useful to dealers and collectors alike in forming strategies to take advantage of what will be one of the great growth areas of the 21st century.