Tools & Investment» Quick Reference
Posted Articles
Publisher: Akbar Bhamani Date posted: 04/03/2007
If you want a totally tax free exchange, you must remember that the replacement property must be equal or greater in value and debt than the property being exchanged. When you sell your property, the replacement property must be equal or greater than the sale price and existing debt of the property being sold/exchanged, and ALL of your equity from the property that you are selling/exchanging must go into acquiring the repl...
Publisher: Akbar Bhamani Date posted: 04/03/2007
Baby Boomers all over the United States who own real estate portfolios are leaning toward fractional real estate ownership, also known as tenant-in-common investments (TiC). Boomers simply consolidate their real estate holdings into one clean, easy to manage investment.The boomers, who are now easing into retirement, have a history of investing in stocks and mutual funds. Now, how...
Publisher: Akbar Bhamani Date posted: 04/03/2007
You must pay very close attention to the timing rules set in place by the IRS. When the property is sold and the title passed to the buyer, the timing requirements to locate and acquire the replacement property begins. You have only 45 days to create a printed list of up to three possible replacement properties delivered to your Facilitator....
Publisher: Akbar Bhamani Date posted: 04/03/2007
If you have any non-income producing real estate investments, such as empty land, you are not receiving any cash flow from it. Tax-deferred exchange would allow you to exchange the raw land for an income producing property, such as a rental home or duplex. The benefits are income tax deductions such as depreciation, and cash flow. If you o...
Publisher: Akbar Bhamani Date posted: 06/21/2007
When you are entering a 1031 exchange, remember to note some of these details: Choose a good QI Before you put the property under contract, find someone to act as a qualified intermediary (QI). It is advisable to c...
|








