Recognizing and Avoiding Common 1031 Exchange Issues – Ownership
The 1031 Exchange process can be rewarding, but intimidating, for the uninitiated. The intimidation factor is created by the vague wording of the Internal Revenue Code (IRC) 1031 and the somewhat inconsistent case law interpreting that code. Sound advice from knowledgeable professionals and prudent action by the investor can mitigate most 1031 Exchange issues and…
Read MoreSix Requirements for a 1031 Exchange
Section 1031 of the IRS Code provides an exception that allows investors to defer paying tax on the gain from a real estate sale if the investor reinvests the proceeds in similar property as part of a qualifying like-kind exchange. The six criteria that must be met for an exchange to qualify under section…
Read MoreWhen and Why to Use a 1031 Exchange
Section 1031 of the IRS code provides a way for investors to defer paying taxes on gains when they sell one investment property and replace it with another. Yet IRS data indicates that less than 3% of investment property sales involve this powerful strategy. Why??? Many investors simply do not have the information they need…
Read More1031 Exchange – Is this really legal?
“Is this really legal?” was a repeated question from last week’s seminar “Double your Commissions with 1031 Exchanges” at the Cape Coral Association of Realtors, Inc. The answer? A resounding “Yes!” The most useful things participants said they took away from this FREE three-hour continuing education class were the tools to help their clients legally…
Read MoreThree Reasons to Recommend “Loopholes of Real Estate”
I originally selected this book for its 1031 Exchange section, but found it to be a much broader resource
Read MoreUpcoming FL classes
Interested in learning how to double your commissions and getting CE credit to boot? Check out our Basic 1031 3 hour class with Dave Foster in FL: – April 1 at the Cape Coral Association of Realtors 9am – 12pm – Sept 12 at the Punta Gorda, Port Charlotte, North Port Association of Realtors 9am-12pm
Read MoreFeb 1031 PM class
Looking for Colorado CE credit? Join us for a 1031 class at 2pm tomorrow! 1776 South Jackson St., #412, Denver, CO. 80210 (Vail Conference Room)
Read MoreFeb 1031 AM class
Looking for Colorado CE credit? Join us for a 1031 class at 10am tomorrow! See the invite here: 1031 Exchange Class Please RSVP to Curtis Cloutier, with National 1 Source at 720-231-0189, or CCloutier@ntl1source.com
Read MoreERG classes in Texas!
ERG is now approved to teach MCE (Continuing Education) real estate classes in TX! Please reach out to our regional director in TX to schedule a training class for your team today! www.erg1031.com/1031-exchange-company-texas
Read MoreERG classes in Florida!
ERG is now approved to teach Continuing Education real estate classes in FL! Please reach out to our regional director, Dave Foster, in FL to schedule a class for your team today! www.erg1031.com/1031-exchange-company-florida
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