Wealth Building

To receive the 1031 exchange, the taxpayer was needed to restrict his use of the beach home to either...

To receive the 1031 exchange, the taxpayer was required to limit his usage of the beach home...

The Universal Exemption (Section 121) allows a private to sell his residence and get a tax exemption on $250,000 of the gain as...

If it's less, the difference in worth is dealt with as boot and it's taxable.To keep things simple, we'll...

Exchanges of corporate stock or partnership interests never did qualifyand still do n'tbut interests as a tenant in common (TIC)...

To ensure whatever runs efficiently and there is no concern of positive receipt of the funds, it is essential...

Financiers truly like a 1031 exchange since they prevent paying taxes.Investors desire as much capability as they can to keep rolling more earnings into more...

is the portion of the expense of a financial investment home that is crossed out every year, recognizing the...

The taxpayer and his household use the beach home every year from July 4, up until August...

If it's less, the difference in worth is dealt with as boot and it's taxable.To keep things easy, we'll...