A1031 exchange, otherwise known as a tax deferred exchange isa simple strategy and method for selling one property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame. The logistics and process of selling a property and the...
Internal Revenue Service (IRS) is reviewing its Section 1031 tax-deferred exchange rules. The IRS is also revising its reporting forms, publications, and other communications and will do a comprehensive study of reporting and compliance issues regarding like-kind exchanges. Part of the reason for ...
Details above provided by the Federation of ExchangeSame as intermediary, facilitator, or Qualified Intermediary. The party who facilitates a tax-deferred exchange by acquiring and selling property in an exchange to aid the taxpayer in complying with Section 1031 and all applicable rules.Accommodators...
People or businesses that hold qualifying business or investment properties can exchange them in a like-kind exchange. This is known as a tax-deferred or 1031 exchange under Section 1031 of the U.S. tax code, allowing the seller to avoid payingcapital gainson the exchange. The like-kind pro...
The agency rules that the exchange of intangible property is not entitled for like-kind treatment under Section 1031. Hence, the taxpayers are not eligible for tax-deferred treatment on the exchange of the intangible property.年份: 2006
This order was given in total disregard for the trustee/agents' arrangements to complete an IRS 1031 tax deferred exchange that was in place at the time, with the intent to save the selling trust capital gains taxes and enabling the trust to take advantage of the strong real estate market....
The agency rules that the exchange of intangible property is not entitled for like-kind treatment under Section 1031. Hence, the taxpayers are not eligible for tax-deferred treatment on the exchange of the intangible property.RubingerHolland
The agency rules that the exchange of intangible property is not entitled for like-kind treatment under Section 1031. Hence, the taxpayers are not eligible for tax-deferred treatment on the exchange of the intangible property.年份: 2006