February 2013 Earlier this year many articles were written listing all of the tax changes that occurred at the beginning of 2013. That is not the purpose of this article. Instead we will review those changes that directly impact investment properties and discuss how...
It is always interesting to learn from other people’s mistakes. In the following circumstances both the company and the client gained valuable insight on what to do differently next time. Whenever a court case makes the headlines, we know we should sit up and pay...
updated May 2020 California “Clawback” in Full Effect Starting in January 2014 If you own California real estate and are planning on deferring taxes when you sell your investment by purchasing property in another State via a 1031 Exchange, be aware that...
Investors who are looking for properties to complete their 1031 exchanges often ask us if there are “arm chair investments” that allow investors to own fractional shares of properties. The good news is that the IRS has blessed the Delaware Statutory Trust (DST) for...
updated June 2020 Disaster Relief has changed. Be sure to read the most current Disaster Relief information Rev. Proc. 2018-58 here. This year our country has been stricken with a number of devastating natural disasters which have caused loss of life, property and...
updated May 2020 As we roll into the summer, it’s refreshing to see continuing economic improvement mirroring the growth of income property sales and 1031 Exchanges. However, the excitement of an increased property sale value can be quickly diminished with unexpected...
Selling just one relinquished property and buying just one replacement property is typically what is thought of when contemplating an IRC Section 1031 real estate exchange. Most tax advisors are aware on some level that multiple relinquished or replacement properties...
