Understanding 1031 Tax-free Exchanges

Understanding 1031 Tax-free Exchanges PDF Author: Thomas J. Mahlum
Publisher: Dearborn Real Estate
ISBN: 9780793175079
Category : Capital gains tax
Languages : en
Pages : 88

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Book Description

Understanding 1031 Tax-free Exchanges

Understanding 1031 Tax-free Exchanges PDF Author: Thomas J. Mahlum
Publisher: Dearborn Real Estate
ISBN: 9780793175079
Category : Capital gains tax
Languages : en
Pages : 88

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Book Description


The Tax-Free Exchange Loophole

The Tax-Free Exchange Loophole PDF Author: Jack Cummings
Publisher: John Wiley & Sons
ISBN: 0471724327
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
Discover the Greatest Investment Tool of All Time! The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole--known as the 1031 Exchange--is one of the greatest tax loopholes in existence. This loophole allows a real estate investor to sell a property without paying a penny in capital gains tax--as long as the investor reinvests his or her profits into another property. Not only is this a great way to invest without paying taxes, it's also a great way to grow real wealth over time. The rules can be confusing, but tax exchange works for every investor, big or small. This handy guide offers detailed, step-by-step advice on using the 1031 Exchange--and much more: * How the capital gains tax works * Other little-known real estate loopholes * Creative real estate financing techniques * Advanced elements of tax-free exchanges * Terms and concepts you need to know * Eight things that can hold up a closing * Transferring debt to other properties * How zoning laws affect your investments * How tax-free exchanges affect your tax shelter * Where to find potential exchanges * Twelve creative techniques applied to exchanges * Nine booby traps to watch out for in exchanges Don't wait--use the 1031 Exchange to start building your fortune today!

Loopholes of Real Estate

Loopholes of Real Estate PDF Author: Garrett Sutton
Publisher: RDA Press, LLC
ISBN: 1937832228
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
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.

1031 Exchanges Made Simple

1031 Exchanges Made Simple PDF Author: Michael David Fox
Publisher:
ISBN: 9780979474903
Category : Capital gains tax
Languages : en
Pages : 107

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Book Description


Tax-free Exchanges Under [Section] 1031

Tax-free Exchanges Under [Section] 1031 PDF Author: Jeremiah M. Long
Publisher:
ISBN:
Category : Capital gains tax
Languages : en
Pages :

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Book Description


Tax-free Like-kind Exchanges

Tax-free Like-kind Exchanges PDF Author: Bradley T. Borden
Publisher: Civic Research Institute, Inc.
ISBN: 1887554637
Category : Capital gains tax
Languages : en
Pages : 46

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Book Description


The 1031 Tax Advantage for Real Estate Investors

The 1031 Tax Advantage for Real Estate Investors PDF Author: Timothy S. Harris
Publisher: McGraw Hill Professional
ISBN: 0071478965
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
[Timothy S. Harris and Linda Monroe/The 1031 Tax Advantage for Real Estate Investors /0-07-147896-5 Increase your real estate wealth by deferring your capital gains taxes The 1031 Tax Advantage for Real Estate Investors is a highly accessible guide to making the most of this powerful option. Timothy Harris and Linda Monroe bring their practical knowledge and legal expertise to the complex topic of tax-deferred “like-kind” exchanges, explaining the intricacies of 1031 in jargon-free language and dispelling common misconceptions. Framing their approach around their clients' most frequently asked questions, the authors present detailed, step-by-step advice on all the required elements for a successful exchange. Through clear explanations of necessary tax concepts as well as example situations of actual investors, you'll learn how to: Determine how much to reinvest in an exchange Use the IRS identification rules to your advantage Understand exchanges involving related parties and the implications of seller financing Use real estate proceeds with NO tax consequences Navigate the complexities of personal property exchanges, refinancing of exchange property, and exchanges done in reverse order Handle earnest money deposits, and prorations Take advantage of tax-deferred investor pools and TICs (Tenant-in-Common) benefits Timothy S. Harris is the former President of TIMCOR ExchangeCorporation, one of the nation's leading 1031 exchange accommodators. He has been a member of the State Bar of California since 1974. Linda Monroe is the former Executive Vice President and Corporate Counsel to TIMCOR Exchange Corporation. A member of the State Bar of California since 1976, she lectures extensively on 1031 exchanges.

Section 1031 Exchanges For Real Estate Investors and Professionals

Section 1031 Exchanges For Real Estate Investors and Professionals PDF Author: Bradley Borden
Publisher: Vandeplas Pub.
ISBN: 9781600425394
Category :
Languages : en
Pages : 342

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Book Description
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.

How To Do A Section 1031 Like Kind Exchange

How To Do A Section 1031 Like Kind Exchange PDF Author: Michael Lantrip
Publisher: Michael Lantrip
ISBN: 1945627050
Category : Business & Economics
Languages : en
Pages : 1

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Book Description
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.

How to Do a 1031 Exchange of Real Estate

How to Do a 1031 Exchange of Real Estate PDF Author: Edwin V. Horan MS
Publisher: Trafford Publishing
ISBN: 1698700369
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
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 !!!