If you’re a serious real estate investor, you probably know about tax-deferred Section 1031 exchanges, AKA like-kind exchanges. They allow you to swap appreciated real property for other real property ...
The New Year brings with it a welcomed tax change to Pennsylvania: the recognition of Internal Revenue Code (IRC) Section 1031 like-kind exchanges. Under the federal tax rules, gain or loss is ...
Gain from a couple’s disposition of agricultural property could not be deferred, even though the property was relinquished in a like-kind exchange that was properly executed, the Tax Court held. The ...
RC section 1031 permits the tax-free exchange of like-kind property. If the transferor receives “boot” (such as cash) in addition to the like-kind property, the boot is currently taxable. The ...
Are you thinking about selling a business or investment property that could result in a substantial profit, and consequently, a large tax bill? You may be able to take advantage of a popular tax break ...
Fourth in a series of articles. Real estate investors large and small pay capital gains tax when they sell their property -- and the bills can be sizable. There is a way, however, of deferring payment ...
Dear Liz: My husband and I are selling a commercial property for $600,000 and we have capital gains questions. Our Realtor said that we have 90 days to buy another property but suggested we don’t make ...
When President Joe Biden presented his administration's proposed budget for fiscal year 2023, he again included a new tax rule that would essentially eliminate 1031 exchanges, or like-kind exchanges, ...
With the 118th U.S. Congress barreling its way in, right behind the lame duck session hobbling its way into history, it’s time to round out an attractive, legislative agenda for the blockchain sector ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results