How to Max Out Your 1031 Exchange
Tuesday, December 01
In order to gain the maximum benefits for deferring taxes in a 1031 exchange, you need to be careful about the terms and rules that you follow going forward. You can max out a 1031 exchange by making sure not to have to pay capital gains tax relating to either cash or non-cash considerations...
Key Things to Know About Key 1031 Exchanges
Monday, November 30
If you’ve never had the opportunity to carry out a 1031 exchange before, it is imperative that you understand some of the basics so that you can ensure your transaction does indeed comply with regulations and award you the benefits of deferring capital gains taxes. To put it simply, a 1031 ex...
What You Need to Know About Landlord Ins, When Owning a Luxury Home
Sunday, November 29
The majority of individuals owning a luxury home might not think about landlord insurance in the initial process of bringing on a tenant but you might find out that you are an accidental landlord. This refers to people who never intended to be landlords but possibly purchased a new luxury home an...
What Does a Qualified Intermediary Do?
Saturday, November 28
If you are new to the process of using 1031 exchanges, you likely have come across the term ‘qualified intermediary’ but you might not necessarily know what a qualified intermediary actually does. Read on to learn more about the key role that qualified intermediary plays. A qualified intermediary...
Think Carefully before You Treat Your 401K like An ATM
Saturday, November 28
If money is tight and you are thinking about tapping into your retirement funds as a possible solution, financial advisors warn that you need to grasp the ramifications of tapping your retirement dollars before you are supposed to. Just because this process is relatively easy to do, it doesn't me...
What You Need to Know About Landlord Insurance-Owning a Luxury Homes
Wednesday, November 25
The majority of individuals owning a luxury home might not think about landlord insurance in the initial process of bringing on a tenant but you might find out that you are an accidental landlord. This refers to people who never intended to be landlords but possibly purchased a new luxury home an...