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Our newsletter provides a wealth of information on 1031 tax-deferred exchanges as well as a variety of other topics real estate investors and advisors will find beneficial. If you have topic suggestions for an article, please forward them to Margo McDonnell, CES� and you may see it in a future issue of Exchanging Times�. Be sure to sign up for our Newsletter below. |
- March 2014 Newsletter: President Proposes Cap on 1031 Deferral
- This newsletter looks at the 2015 Budget proposed by President Obama that wants to cap a taxpayer's 1031 exchange deferral to $1M per year on real estate transactions. We also looked at how to maximize your tax-deferral when completing a 1031 exchange. Trending this month...inquiries about converting a 1031 replacement property into a primary residence.
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- February 2014 Newsletter: Tax Reform & Its Potential Impact on Section 1031
- This issue summarizes the discussion draft of their comprehensive tax reform proposal released by House Ways and Means Committee Chair, Dave Camp, which includes a full repeal of section 1031. We also looked at how to combine a 1031 exchange with installment sales. Trending this month...inquiries for later this year. People are planning ahead again!
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- November 2013 Newsletter: Giving Thanks for the Opportunities Created by Section 1031
- This newsletter gives thanks for some of benefits of a 1031 exchange such converting a 1031 replacement property into a primary residence, vacation home exchange, exit strategies for business owners and the ability to structure a reverse exchange when you have not yet found a buyer but need to acquire the replacement property. Trending this month...last minute exchanges.
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- October 2013 Newsletter: Happy 10-31 Day!
- On this 1031 Day, we reviewed the many benefits of section 1031 exchanges for investors and business owners and reviewed the requirements of a successful exchange.
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- August 2013 Newsletter: Avoiding Taxable Boot in a 1031 Closing
- We reviewed how closings are handled in a 1031 exchange and provided tips to avoid taxable boot. We reviewed how basis and depreciation schedules carry over from the relinquished property to the replacement property. Trending this month...resort area homes being exchanged again.
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- May 2013 Newsletter: Refresher on 1031 | Update on Effects to Preserve Section 1031
- This newsletter provider an update on the efforts to preserve section 1031 exchanges as we know them. However, the main focus of this newsletter is to provide a refresher on the ABCs of a successful exchange and review their many benefits (and not just deferring the gain). Trending this month....nothing! No one particular trend was present this month but there continues to be a significant increase in transactions.
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- April 2013 Newsletter: CALL TO ACTION: Help Us Preserve Section 1031
- This newsletter issued a call to action and asked readers to contact their Congressional leaders and tell them why 1031 exchanges are good for taxpayers and good for the economy. We also looked at a recent MN case and the importance of making sure you qualify for the state versions of 1031. Auctions and 1031 exchanges were explored. Trending this month...installment sales and section 1031.
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- March 2013 Newsletter: Conversion of 1031 Property to Residence | 1031 of Vacation Homes
- This newsletter looked at converting a 1031 exchange replacement property into a primary residence and when vacation homes qualify for tax-deferred treatment under section 1031. We also provided a Real Estate Market Update on the South Jersey Shore resort communities of Long Beach Island, Brigantine, Margate, Ocean City, Sea Isle City, Avalon and Stone Harbor. Trending this month...last minute exchanges.
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- January 2013 Newsletter: 2013 Brings New and Higher Taxes
- This newsletter looks at how the American Taxpayer Relief Act of 2012 impacts real estate investors and business owners and how 1031 exchanges can help. We also provided a link to our 2012 Exchange Reporting Guide and reminded exchangers that they may have to file for extension depending on their 180-Day Exchange Period deadline. Trending this month...reverse exchanges.
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- September 2012 Newsletter: Popular 1031 Exchange Loophole
- This newsletter discussed the ability to refinance immediately after the acquisition of replacement property in a 1031 exchange. We also looked at another letter ruling that blessed the sale of a relinquished property to a related party. Trending this month...improvement exchanges.
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- August 2012 Newsletter: Backdating 1031 ID Leads to Criminal Charges, Severe Penalties
- This newsletter discusses an older case that involved a taxpayer using a backdated 45-day identification letter when his 1031 exchange was audited. We also provided a summary on the recommendations of the Consumer Financial Protection Bureau to oversee the 1031 exchange industry. Trending this month...selling relinquished properties that are owned free and clear.
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- April 2012 Newsletter: It's My Money and I Want It Now!
- This newsletter discussed when funds can be released from an exchange account regardless of whether or not they will be taxable. We also discussed how franchisees can benefit from 1031 exchanges. Trending this month...initiating your 1031 exchange at the last minute.
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- December 2011 Newsletter - Related Party & Failed Exchanges
- When it comes to the holidays most people enjoy celebrating with their relatives. The wonderful family dinners, parties and exchanging gifts can be the highlight of the holiday season. However, when it comes to 1031 exchanges, you want to stay away from your relatives as much as possible. We also discussed exchanges spanning two tax years and failed exchanges.
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- August 2011 Newsletter - Disaster Extensions / Conversion to Personal Use
- This timely newsletter provides information on disaster extensions for taxpayers affected by a Presidentially declared disaster. We also discuss the conversion of a 1031 replacement property into a primary residence and the ability to take advantage of the primary residence exclusion allowed under section 121.
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- July 2011 Newsletter - When the 1031 Deferred Gain is Forgiven
- This newsletter explores the many ways 1031 exchanges can be used to build and preserve wealth. Many don't realize what a powerful estate preservation tool a 1031 exchange is. We also proudly announced our alliance with R.E.I. Consultants, Ltd., a qualified intermediary firm based in Media, PA.
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- June 2011 Newsletter - Escrow Officer Taints 1031
- This newsletter dicusses a recent case that involved an error on the part of the escrow officer and its negative impact on the client's 1031 exchange. We also explored the many procedures in place to protect our clients' exchange funds.
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- March 2011 Newsletter - Building and Preserving Wealth
- This newsletter focuses on business owners. First we discussed the ways a 1031 exchange can be beneficial to business owners and how it can also help grow a business. Next we talked about customized 401(k) plans - the best kept secret for business owners.
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- November 2010 Newsletter - The Facts about the "National Transfer Tax"
- This newsletter revisits the 3.8% Medicare Tax beginning in 2013 and addresses some of the confusion surrounding this new tax. We also cover why it may not be advantageous to take installment sale treatment if you have a failed 1031 exchange this year -- this is the first time this may be the case!
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- October 2010 Newsletter - Marcellus Shale and 1031 Exchanges
- This newsletter discussed marcellus shale and the new opportunities it is creating for landowners in PA and NY. We explained how you can defer your gain from the marcellus shale through a 1031 exchange and use all of your proceeds to acquire business use or investment property. We also provided a summary of our 2010 Jersey Shore Real Estate Symposium for those that missed the event last month.
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About 1031 CORP. Serving as a nationwide qualified intermediary for 1031 tax-deferred exchanges since 1991, 1031 CORP. strives to provide a superior exchange experience for its customers and their advisors. It provides its customers with enhanced security of funds, knowledgeable exchange professionals and commitment to keep the exchange process simple for our customers and their advisors. Every member of the exchange team is a Certified Exchange Specialist� and has the experience and expertise to facilitate even the most complex exchange transaction, including reverse, improvement and personal property exchanges. Additional information can be found at www.1031CORP.com.
1031 CORP.
100 Springhouse Drive, Suite 203
Collegeville, PA 19426 1.800.828.1031 |
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