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 ...
Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
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 ...
Millions of Americans have much of their net worth invested in real estate. Equity in these properties should grow in value over time, but for many, it's "trapped" because it can't be accessed without ...
One proposal in President Joe Biden’s $1.8 trillion American Families Plan has been drawing close attention from concerned commercial real estate investors. It would place a $500,000 limit on 1031 ...
In the context of a 1031 exchange, “boot” refers to the portion of a transaction that doesn’t meet the tax-free criteria and thus becomes subject to immediate capital gains tax. Forms of boot might ...