section 1031like-kind exchangereal property exchangeA myth persists. Many believe that section 1031 treats all real property as like kind and state law determines whether property is real property. This Article examines the many cases and rulings that consider partial real estate interests and ...
In addition, our software illustrates the tactical value of using IRS Code Section 1031 for the replacement of their real estate assets. OUR FAMILY OF STRATEGIC TAX SERVICES All States 1031 Exchange Facilitators and Midwest Exchange Company, Inc., (Cooperative) are wholly owned divisions of Strategi...
Experience and extensive knowledge of IRC 1031 Experienced resources on staff to service those 'unique' exchange scenarios Key relationships with real estate, legal and financial partners Highest level of security and sound ethical business practices ...
Experience and extensive knowledge of IRC 1031 Experienced resources on staff to service those 'unique' exchange scenarios Key relationships with real estate, legal and financial partners Highest level of security and sound ethical business practices ...
Perspective:Benefits of Like-Kind Exchanges in a Distressed Real Estate Market (2023 Study) Perspective:Section 1031 Talking Points Infographic:EY Study: Economic Contribution of Like-Kind Exchange Rules in 2021 Infographic:Section 1031: Sustaining American Businesses During Economic Uncertainty ...
In the end, Section 1031 remained, but only real estate assets survived the legislative knife. Score a win for the real estate industry lobby! Taking a 1031 Exchange Journey The Countdown Begins What happens in a Section 1031 exchange? Here’s a sample timeline for a successful property ...
1031 Tax-Deferred Exchange With the potential for substantial cash savings in every transaction, tax-deferred real estate exchanges are becoming a preferred choice for commercial, residential real estate, and personal property transactions. Federal law today encourages tax-deferred simultaneous and delayed...
Real estate investors have long recognized the tax benefits of like-kind exchanges under Internal Revenue Code Section 1031. Section 1001 of the Internal Revenue Code (IRC) generally requires the recognition of realized gains and losses ... JR Leavins,S Penkar - 《Appraisal Journal》 被引量: ...
IRC section 1031 provides that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or busi...
Section 1031 allows an investor to give or receive cash or other property that is not like-kind in addition to the like-kind real estate being exchanged. Such additions to the deal, when given or received in a 1031 exchange, is called “boot.”4 To qualify for Section 1031 tax deferral,...