The Tax Court’s recent decision in Estate of Bartell, 147 T.C. No. 5 (2016), alleviates some of the uncertainty that taxpayers and practitioners face when structuring a reverse like-kind exchange ...
Real estate investors may know traditional tax-deferred exchanges like 1031s that typically involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...
Many people avoid having to pay capital-gains tax on the sale of investment property by purchasing replacement property (a 1031 exchange). The usual deal is to sell the property you’re relinquishing ...
When an ideal investment property becomes available, waiting to sell an existing rental could mean losing the opportunity. Kay Mukaigawa of Engel & Völkers Honolulu joined Living808 to explain how a ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Recently, my colleague, James Friedman, wrote about like ...
In an Advisory Opinion issued near the end of 2016, the New York State Department of Taxation and Finance has determined that the transfer of real property in New York State from an “exchange ...
Sell a farm and pay big taxes or learn how to sell and put the money to work. Resides In: Columbia, IL Managed: 3000+ tax returns, hundreds of bookkeeping and payroll clients, and audits of ...
1031 exchanges let investors save up to 30% in capital gains tax on a sale by deferring the tax bill tax free onto another property within a six-month deadline. In a seller's market, finding a buyer ...
With Hawaiʻi’s real estate market remaining competitive and inventory limited, more buyers are turning to a strategy known as the reverse 1031 tax-deferred exchange. Unlike the traditional 1031 ...
Real estate investors may be familiar with traditional tax-deferred exchanges like 1031s that involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...