Tax
Basics of a Section 1031 Tax-Deferred Exchange Transaction
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.
Continue ReadingWashington Has Launched Attack on Section 1031 Tax-Deferred Exchange Transactions
Recently, the House, the Senate, and the President have each proposed to limit or terminate application of Section 1031 of the Internal Revenue Code.
Continue ReadingAppreciating Assets--Choose the Right Entity
There are two ways an asset can appreciate. Some appreciate both ways.
Continue ReadingConservation Easements, Look Twice and Never Leap
The US Congress is considering making permanent the enhanced charitable deduction for conservation easements.
Continue ReadingThe IRS Has Kicked Another Hornet's Nest
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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