by admin | Jan 31, 2019 | Revenue Procedure
In October 2018 Ed Horan submitted commentary (https://bit.ly/2RAYyYs) requesting Treasury clarify that rental property owners will qualify for the new 199A deduction. His comments were also picked up by TAX NOTES, a national tax news service. With the final 199A...
by admin | Dec 28, 2018 | Realty Exchange Corporation
there is plenty of chatter and hype about investing in Qualified Opportunity Funds (QOF) to defer real estate capital gain. The Qualified Opportunity Zones (QOZ) and Qualified Opportunity Funds (QOF) were created in TCJA legislation a year ago, but there are still...
by admin | Oct 25, 2018 | Realty Exchange Corporation
Realty Exchange highly recommends the 15th edition of Every Landlord’s Tax Deduction Guide, written by Stephen Fishman, J.D., and published by NOLO. Get a copy here. Link: https://store.nolo.com/products/every-landlords-tax-deduction-guide-dell.html...
by admin | Oct 24, 2018 | Realty Exchange Corporation
Qualified Opportunity Funds (QOFs, which invest in Opportunity Zones) are not eligible as replacement real estate in a 1031 exchange. For those with questions about investing in QOFs as an alternative to a 1031 exchange, you can review the proposed IRS regulations at...
by admin | Oct 23, 2018 | Realty Exchange Corporation
Will individual landlord taxpayers be able to claim a 199A 20% deduction of net rental income? The question begs clarity. At a meeting with the IRS, advocates said proposed Section 199A regulations should clearly state that all rental real estate is a trade or...
by William Horan | Oct 19, 2018 | Realty Exchange Corporation
Ed Horan submits 199A comments to Treasury Throughout last year’s tax reform process, Realty Exchange was heavily involved as part of an industry team to help save 1031 exchanges for real property. The team spent countless hours walking the halls of the Capitol,...
