Mom and Dad can use a 1031 exchange and help the kids buy a new home. We've posted a new Shared Equity Finance Agreement article in our Exchange Library. … [Read more...]
A Great Tax Guide for Landlords
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 … [Read more...]
IRS Publishes Proposed Regulations for Opportunity Zones
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 … [Read more...]
Do Landlords Get the New 199A 20% Deduction?
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 business. Politico has a good article on this issue: … [Read more...]
199A Comments to Treasury
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, making great effort to ensure Congressional members knew the importance of 1031 … [Read more...]
