1031 Tax Exchanges in the News
Recently the financial press has been abuzz with headlines on the increasing popularity of 1031 Tax Exchanges enabling individuals to avoid capital gains taxes and offering real estate and financial professionals the ability to create new profit centers to make more money.
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IRS seeks to disallow private annuity trusts (PAT) to defer gains
Read the latest as the IRS proposes regulations to disallow the usage of private annuity trusts which make 1031 exchanges the only alternative available to defer taxes.
1031 Exchanges, Real Estate's "Best-Kept Tax Secret", Surge with Market Decline
Read what The Wall Street Journal Online says about the increasing popularity of 1031 Exchanges and why so many people should be doing them but aren't because they just don't know about them.
RealtyTimes.comexplains the three simple steps for using 1031 Exchanges to add substantial profits to your bottom line.
Practitioners Capitalize on 1031 Exchanges to Cultivate New Clients for the Long Term
Realtor Magazine shows how real estate agents can exploit the 1031 Tax Code to open up their businesses to a whole new market and capture lifelong clients. Some have reported that 30% of business is coming from such exchanges, and a principal of one firm claims to have done $50 million in exchanges over the past 14 years.
Uncle Sam Helps Fund Retirement Home
RealEstateJournal.com tells how the Federal government can help you purchase your retirement home using a 1031 Exchange to buy a rental home now, write off expenses and trade up, tax-free, to a grander place you can later use for your retirement.
Tenant in Common Is Hottest Investment Vehicle in Real Estate as Investors "Ride the TIC Wave"
A National Real Estate Investor article reports that TICs raised $1.8 billion in equity in 2004 and are expected to top $4 billion this year.
Multiple Tax Advantages of TICs Offer Benefits to Heirs
Commercial Investment Real Estate Magazine reveals how Tenant in Common opportunities can facilitate transfer of wealth.
New Method of Syndicating Commercial Real Estate Is Sweeping the Country
Real Estate Center, in an article entitled "Tick Fever", says this red-hot investment vehicle has become particularly attractive to real estate investors in search of properties qualifying for a 1031 tax-deferred exchange.
FinancialPlan.com describes how a 1031/TIC Exchange saved a client over $500.000 in taxes and eliminated tenant management headaches.
Exchanges Accelerate Wealth Accumulation While Remaining Invested in Real Estate
Bloomberg Wealth Manager Magazine reveals how an exchange saved a client thousands of dollars in taxes and tripled their cash flow. .
1031 Exchanges Provide Perfect Solution to Baby-Boomers on Verge of Retiring
Financial-Planning.com relates how 1031 Exchanges are becoming a significant part of many financial advisers' practices as baby-boomers attempt to unload highly appreciated holdings and enjoy carefree retirement.
More Than Saving Taxes: 1031s Invaluable for a Variety of Business Strategies
According to a National Real Estate Investor article, many are using 1031s to upgrade their real estate portfolios or as an exit strategy for a partnership.
IRS Allows Mortgage Broker to Open Separate 1031 Exchange Operation to Boost Income
Recently, IRS Private Letter Ruling 200630005 permitted a mortgage broker to open up a separate 1031 exchange operation to offer exchange services to new and existing customers without causing such exchanges to be disallowed.