by William Horan | Dec 9, 2014 | 1031 Strategies, Realty Exchange Corporation
What is the Purpose of this Paper? We get asked many times what will be the tax impact if I sell ? The purpose of this paper is to answer that question and help property owners decide what they should do. With the many changes that took place in 2013, including...
by William Horan | Jul 29, 2014 | 1031 Strategies, 8824, Reporting, Tax Impact
Section 1031 exchanges are not included in net investment income ( NII ). The proposed IRS regulations to implement IRC Section 1411 were circulated for comment in December 2012. It was clearly stated in the prologue to the proposed regulations that deferred gain from...
by William Horan | Jul 22, 2014 | Realty Exchange Corporation
The Federation of Exchange Accommodators (FEA) has made it easy for investors and businesses to tell their Representative and Senators the value of IRC §1031, and the need to keep it to help promote the economy. 1031 exchanges benefit all tax payers, by promoting...
by William Horan | Feb 20, 2014 | Critical Elements, Process, Qualified Intermediary, Regulations
Qualified Intermediary Safe Harbor The IRS established safe harbors to complete a 1031 exchange in accordance with the law. A key behind the safe harbor is to make sure the taxpayer does not actually or constructively receive proceeds or other property during an...
by William Horan | Jan 10, 2014 | Realty Exchange Corporation
The IRS has created a new form 8960 to calculate the Net Investment Income Tax. 1031 LKE gain is not included in the calculation of Net Investment Income tax. When the new law was enacted it was unclear whether a like kind exchange deferral of gains were going to be...
