Archive for the ‘Tax Laws’ Category

1031 Tax Free Exchange Series, Part II

Tuesday, November 20th, 2007

Qualified Intermediaries (QI) are essential to accomplishing a 1031 exchange appropriately. Without a QI in the exchange transaction makes the transaction subject to review by the IRS and invalidated by the court system. QI's are not to be your real estate agent, attorney, broker, CPA or any other professional association ...

1031 Tax Free Exchange Series

Thursday, November 8th, 2007

1031 exchanges are a great way to keep Uncle Sam out of your back pocket. 1031 simply is a section of the Internal Revenue Code which permits the deferral of capital gain taxes on the sale of property held for investment or productive use in a trade or business. A ...