The golden years of the last bullish real estate market witnessed a boom in investors taking advantage of the incredible wealth building tool of the 1031 exchange. In 2005 alone, over 500,000 1031 exchanges were performed by knowledgeable investors and, quite literally, several billion dollars in taxes were deferred and allowed to grow in those.

“The Ultimate Beginners Guide to Real Estate Investing” is a free, 64 page ebook that provides a basic overview of real estate investing with links to more information on the Bigger Pockets website. It covers eight topics in as many chapters and is a pretty quick read - if you can keep yourself from following.

What is the IRS’s Position on Reverse Real Estate Exchanges? The IRS issued Revenue Procedure 2000-37 (Rev Proc) in September 2000 that gives taxpayers guidance on Reverse 1031 Exchanges. A “Safe Harbor” Reverse introduces a new entity into the reverse process-an Exchange Accommodation Titleholder (EAT). An EAT is a single member limited.

Saturday, July 19, 2014 10:00 AM to 11:00 AM

Pay IT Forward Realty

1116 Cape Coral Pkwy E, Cape Coral, FL (map)

• Join us for a complimentary seminar to find out: • The three levels of experience (and where you’re at!) • How to build your.
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The term “boot” is not used in the IRS regulations, however, it is commonly used to describe the cash or proceeds that an investor receives in addition to the replacement property when completing a 1031 exchange. The IRS is very clear that receipt of cash or proceeds either during or at the conclusion.

If you or your clients have never read “Rich Dad Poor Dad” by Rober Kiyosaki, I recommend you do so now. This book has impacted almost every investor who has read it. It provides a good call to action for many who have been lulled into a false sense of security in the status.

Dave Foster of ERG will be participating in the "Believe" 2014 District 13 Conference & Expo on June 20th in Punta Gorda Florida. This promises to be a great event with keynote speaker John Tuccillo and a line up of useful seminars on a variety of topics. Be sure to stop by exhibit 120 to meet.

What is a 1031 Exchange? When you sell a property you typically have to pay tax on the gain. Gain is created when the property appreciates in value during its ownership or when deductions for depreciation are taken for tax purposes. A Section 1031 tax deferred exchange, named for the.