Where to Go For the 1031 Housing Investor?
Wednesday, December 23
As the number of distressed or foreclosed homes has shrunk, the National Association of Realtors reported that in August the share of sales is going to investors fell by 12%. This leaves the question for the 1031 investor of where to look next. According to HomeVestors and local market monit...
Less Obvious Buying Secrets for Luxury Homes in Jacksonville
Sunday, December 20
Some key secrets to successfully buying a home in the Jacksonville area in the luxury market can easily be overlooked. Remember that it is not always true that the biggest is always the best. In fact, resale can be influenced by the size of surrounding homes. So that appeal should take preced...
Is a Tax Deferred Exchange a Good Fit?
Tuesday, December 15
Allowing money that is normally paid in tax to generate more money through deferral, perhaps ultimately paying under a lower tax bracket, is attractive. This is one of the primary reasons why individuals involved in real estate transactions consider using 1031 exchanges. You can defer your capita...
You Need to Know with Tax Season Approaches: Qualified Intermediary
Monday, December 14
As 2015 drives to a close there are many different questions that individuals consider, whether it’s relating to what they can deduct on their business expenses or issues having to do with income deferral or asset purchases. As Congress anticipates renewal of more than 50 tax provisions, it ...
Getting Credit for Property Improvements in a 1031 Exchange
Tuesday, December 08
Many people choose to use a 1031 exchange as a real estate transaction to avoid capital gains taxes. In its traditional sense, an individual will sell an initial piece of property and replace it with another property deferring the payment of the capital gains taxes until some point in the future....
1031 Exchanges, Investments and Capital Gains
Monday, December 07
With an increase in estate tax exemption currently up to $8.6 million for a couple's combined exemptions, this is liked to a shift in focus towards preventing capital gains impact. One of the easiest ways for you to minimize the impacts of capital gains in real estate transactions is to use a 103...