COD 1031 Tips
In the current turbulent economic environment, many investors are being confronted with a new type of tax created by having debt forgiven, or the cancellation of debt.
In the current turbulent economic environment, many investors are being confronted with a new type of tax created by having debt forgiven, or the cancellation of debt.
Today, most tax-deferred exchange transactions are relatively straightforward and easy to execute.
Many real estate professionals are familiar with Internal Revenue Code Section 1031 tax-deferred exchanging as a way to defer taxable gain from investment property sales.
Once upon a time, a “reverse Starker” exchange was dreaded by most tax professionals and avoided at all costs, even by the most savvy investors.
Despite the best intentions and careful tax planning, common errors often can cause bumps in the road or completely detour tax-deferred exchanges.
Internal Revenue Code Section 1031 tax-deferred exchanges on investment real estate are now quite commonplace; however, in certain situations a normal delayed exchange w