1031 Exchange Expert: Qualified Intermediary, 1031 Exchanges, Accommodator, California and the U.S., etc., etc,

In the first post on this topic, we discussed the importance of building a team of professional referrals that include CPA's, Enrolled Agents, Real Estate attorneys, Business attorneys, Estate Planning attorneys, Financial Advisors (who are licensed to sell securities) and a reputable Qualified I...

It's important to understand that currently the Qualified Intermediary "QI" industry is unregulated in most states. I have compiled some important subject areas you should explore when considering using a particular QI. It is critical that you ask the HARD questions of the business who is going t...

The following seminar is being offered at the Fresno Association of Realtors from 12:30 - 3:30 pm on Thursday, March 27th.  The following disclosure must be added to be in compliance with the California Department of Real Estate (for more information please follow this link http://www.dre.ca.gov/...

The California DRE has issued new requirements for real estate agents to receive qualifying continuing education credit.1.   Attendees must present valid identification immediately before admittance to a live presentation, or immediately before the administration of the final examination. Valid f...

This is an excellent opportunity for accountants, attorneys, commercial brokers, experienced real estate agents and investors to build their knowledge of IRC section 1031 exchanges.  We will be covering the tax updates affecting section 1031 exchanges over the past 15 months. There have been some...

Revenue Procedure 2008-16 (the "Procedure") creates a safe harbor definition of investment property applicable to exchange transactions closing after March 10, 2008 that involve the transfer of property consisting of a dwelling unit (defined below) and/or the acquisition of a dwelling unit as rep...

PARTIAL EXCHANGES  "DEFER SOME CAPITAL GAIN TAXES AND OBTAIN CASH NOW" Although a §1031 tax deferred exchange allows investors to defer 100% of their capital gain tax liability, some choose to only perform a partially deferred exchange. WHAT IS A PARTIAL EXCHANGE?In a partial exchange, the invest...

DETERMINING THE VALUE OF A PROPERTY "CAP RATE, GRM AND CASH-ON-CASH DEMYSTIFIED" Investors nationwide use commonly accepted formulas to analyze new purchases and arrive at appropriate prices for the sale and purchase of investment properties. A few commonly used methods to determine the value of ...

It behooves you to begin building a team who understands 1031 exchanges whether you are an agent or an investor.  Although, the basic principles of an IRC 1031 Exchange are fairly straightforward, each sale of relinquished property and purchase of replacement contains a variety of issues that mus...

Agents Knowledgeable In IRC Section 1031 Exchanges Make More Money As an agent are you looking for a way to increase the volume of your sales?By learning and understanding the tax deferral mechanisms under section 1031, you can increase your income because the investor selling the relinquished pr...