Lisa Lambert's (lisa_lambertesq) Blog

SELLER FINANCING (#48)"NUMEROUS OPTIONS ARE AVAILABLE IN §1031 EXCHANGES" When an Exchanger elects to carry back a Note on the relinquished property (the sale or Phase I Property), there are basically two options for treatment of the Note:DO NOT include the Note in the exchange and pay any taxes ...

SELLER FINANCING (#48)"NUMEROUS OPTIONS ARE AVAILABLE IN §1031 EXCHANGES" When an Exchanger elects to carry back a Note on the relinquished property (the sale or Phase I Property), there are basically two options for treatment of the Note:DO NOT include the Note in the exchange and pay any taxes ...

WHAT IS AN IRC SECTION 721 UPREIT?"AN EXCHANGE ALTERNATIVE FORCOMMERCIAL INVESTORS" A Real Estate Investment Trust (REIT) is similar to a mutual fund for real estate investors and offers the benefits of a diversified portfolio that is professionally managed along with distributing almost all of t...

REVERSE EXCHANGE BENEFITSRevenue Procedure 2000-37 ("Rev. Proc. 2000-37"), provides guidelines for the taxpayer to acquire the replacement property before the sale of the relinquished property is completed. The reverse exchange can be the ideal solution if the taxpayer cannot delay the closing of...

The link below will take you to a webinar that covers all of the basics in a 1031 exchange.  It answers all of your critical questions.In addition, you can call 1-800-282-1031 for an in-person consultation with an experienced 1031 exchange counselor.Or, contact me at (559) 433-5399 http://apiexch...

Taxpayers use Internal Revenue Code (IRC) §1031 tax deferred exchanges to defer paying capital gain taxes on the sale of property held for investment or used in a trade or business. Many tax and legal advisors believe it is possible to perform an exchange on a vacation property, provided the pers...

SECTION 1.1031(k)-1Section 1.1031(k)-1: Treatment of Deferred Exchanges states that "the identification period begins on the date the taxpayer transfers relinquished property and ends at midnight on the 45th day thereafter."  Later in this subsection, the manner of identifying replacement propert...

IDENTIFICATION RULESThe identification period in a delayed exchange begins on the date the Exchanger transfers the relinquished property and ends at midnight on the 45th calendar day thereafter. To qualify for a §1031 tax deferred exchange, the tax code requires identifying replacement property:·...

ONE SALE - TWICE THE TAX BREAKS!Sellers of farms and ranches are able to take advantage of two different tax code sections to minimize capital gain tax liabilities. By utilizing all the opportunities available in the tax code, many ranch and farm owners can meet their investment objectives and de...

Section 1031 tax deferred exchanges continue to increase in popularity as more investors nationwide discover the wide range of investment objectives that can be easily met through exchanging.I. PRESERVATION OF EQUITYA properly structured exchange provides real estate investors with the opportunit...