Category: Owners Developers & Managers

Understanding 1031 exchanges and like-kind real estate interests - by William Lopriore

Understanding 1031 exchanges and like-kind real estate interests - by William Lopriore

September 29, 2017
Internal Revenue Code Section 1031 allows for the deferral of capital gain tax if property held for productive use in a trade, business or for investment is exchanged for property of “like-kind.”
Split treatment 1031 Exchange transactions: Use two sections to your advantage (§121 & §1031) - by Lynne Bagby

Split treatment 1031 Exchange transactions: Use two sections to your advantage (§121 & §1031) - by...

September 29, 2017
There are only a few ways to receive special tax treatment on the sale of real estate. One is IRC Section 121 (“primary residence” exemption), for those who qualify and another is IRC Section 1031 tax deferral on the exchange of investment property that qualifies under Section 1031 and the Treasury Regulation guidelines.
Condominiums: Not first choice for developers - Saul Feldman

Condominiums: Not first choice for developers - Saul Feldman

September 29, 2017
When I first started practicing condominium law, there were few condominiums and few condominium lawyers. Today there are many condominiums and many condominium lawyers.
The 1031 tax reform update: IPX1031 is working to save §1031 like-kind exchanges - by Suzanne Goldstein Baker

The 1031 tax reform update: IPX1031 is working to save §1031 like-kind exchanges - by Suzanne Golds...

September 29, 2017
Labor Day has come, bringing with it fond memories of summer vacations and days at the beach. How did IPX1031 spend its summer? Working to save §1031 like-kind exchanges, of course!