1031 Exchange The third in a three-part series By Jefferson Riddell, Esq After the real estate downturn, the number of 1031 exchanges decreased significantly. However, lately we’ve noticed an uptick in 1031 exchanges, perhaps a sign that the market is recovering or just an indication that investors are realizing it’s still one of the best tax shelters available.
1031 Exchange The second in a three-part series By Jefferson Riddell, Esq Although 1031 Exchange has been in the internal revenue code since 1921, the scope of its use in recent years is unprecedented. Originally an “out west” phenomenon, the use of 1031 Exchange has spread rapidly east in recent years.
How To Sell Your Business Tax Free The first in a three-part series on 1031 Exchange By Jefferson F. Riddell, Esq. Most people are aware that they can sell vacant land and rental properties via 1031 Exchange and defer payment of capital gains taxes. Fewer people are aware that, if they sell an active business–be it a manufacturing facility, store or professional practice–there is also an opportunity to take advantage of the 1031 Exchange. Simply stated, 1031 Exchange is a provision in the tax code that allows you to defer the capital gains tax on the sale of real estate […]
Wednesday, November 16, 2011
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