Tax

Basics of a Section 1031 Tax-Deferred Exchange Transaction

Posted on August 27, 2014 in Commercial Real Estate, Tax

The ultimate goal of any Section 1031 Tax-Deferred Exchange Transaction is to avoid capital gains taxes on the sale of the taxpayer's real property.
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Washington Has Launched Attack on Section 1031 Tax-Deferred Exchange Transactions

Posted on August 13, 2014 in Commercial Real Estate, Tax

Recently, the House, the Senate, and the President have each proposed to limit or terminate application of Section 1031 of the Internal Revenue Code.
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Appreciating Assets--Choose the Right Entity

Posted on August 12, 2014 by Kurt Magette in Tax

There are two ways an asset can appreciate. Some appreciate both ways.
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Conservation Easements, Look Twice and Never Leap

Posted on June 23, 2014 by Kurt Magette in Tax

The US Congress is considering making permanent the enhanced charitable deduction for conservation easements.
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The IRS Has Kicked Another Hornet's Nest

Posted on June 4, 2014 by Kurt Magette in Tax

Before December 2013, a developer rehabilitating a historic building in VA could have raised about 40% of his rehab costs from outside parties.
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Tax