Financial Digest

Natalizio of Cornerstone Realty Capital arranges $9m for Micozzi

Somerville, MA Cornerstone Realty Capital arranged $9 million in financing for Micozzi Companies for an apartment community located at 625 M...

New York Life Real Estate Investors places $96 million for The Merc

Waltham, MA New York Life Real Estate Investors, on behalf of New York Life Insurance Company, completed $96 million financing of The Merc a...

Cambridge Savings Bank partners with Rivermoor on solar project

Waltham, MA  As the first community bank to finance a solar project back in 2010, Cambridge Savings Bank (CSB) is recognized as an indu...

The Real Estate Finance Association hosts Fall Conference Sept. 28 at Boston Harbor Hotel

Boston, MA The Annual REFA Fall Conference was held September 28 at the Boston Harbor Hotel with over 170 guests in attendance. The event in...

“Fix-up” costs before sale and 1031 Exchanges - Understanding basis and adjusted cost basis - by Lynne Bagby

It is common for many New England real estate investors to make repairs, updates, and improvements to enhance a relinquished property in preparation for listing with a real estate agent or broker.

Two 1031 exchange related party questions with answers from Northern 1031 Exchange, LLC - by John Starling

Question 1: Can you sell your property to a related party and still qualify for a 1031 tax deferred exchange? Question 2: Can you buy your replacement property from a related party and still qualify for a 1031?

Closing costs in a 1031 Exchange: The uncertainties and technical nature of these issues - by Bill Lopriore

There are two important issues to consider when determining how to handle expenses in a 1031 exchange. 

Opportunity Zones – Are they a good 1031 Exchange investment? - by James Miller and Patricia Flowers

Written by James Miller, senior vice president, associate general counsel, Investment Property Exchange Services, Inc. Submitted by Patricia...

Old Republic Exchange Company: 1031 Exchange basics – “Balancing the equities” - by Katherine Pantelakis

When an asset is sold for more than its original cost, there is gain which the IRS will tax at the “capital gains tax rate”. The amount of capital gain is calculated by taking the selling price of the asset minus its “adjusted basis”

Exchanges may be fully tax-deferred or partially tax-deferred and partially taxable - by Robert Charland

Exchanges may be fully tax-deferred or partially tax-deferred and partially taxable. An exchange will be partially taxable if the taxpayer receives net non-like kind property, (boot) in the exchange.