- The 1031 Exchange Blog
A rental is often acquired as a replacement property in a 1031 exchange. 1031 exchanges are a tax deferral strategy recognized by the Treasury Department and the Internal Revenue Service (IRS), also known as Section 1031.
in Public bookmarks with 1031 fbar foreign-bank-account irs-amnesty residence-conversion
- 1031 Like Kind Exchange Explained
The 1031 like kind exchange target persona is an individual or corporation who owns real or personal property held for productive use in a trade, business or investment and subject to US federal and state income taxes - See more at: http://www.mytaxfiler.com/blog/1031-like-kind-exchange-explained/#sthash.p3PzLHn9.dpuf
in Public bookmarks with 1031 exchange kind like
- 2013 Capital Gains Tax and Impact on 1031 Exchange
Internal Revenue Service Section 1031 exchange has garnered renewed interest from CPAs, tax attorneys and individual investors as a result of higher federal capital gain tax rates effective January 1, 2013. - See more at: http://www.mytaxfiler.com/blog/2013-capital-gains-tax-and-impact-on-1031-exchange/#sthash.NXLj6m2O.dpuf
in Public bookmarks with 1031 capital exchange gain kind like
- 7 Key Rules About 1031 Exchanges-Before They’re Repealed
A 1031 exchange, also called a like-kind exchange or a Starker, is a swap of one business or investment asset for another. Do it right, and there is no tax. You change the form of your investment without cashing out or paying tax. And like a 401(k), that allows it to continue to grow tax-deferred.
in Public bookmarks with 1031 7 exchanges key planning rules tax
- Depreciation and 1031 Exchange
Depreciation can be a confusing and difficult concept to understand. Individuals and businesses need to have a working knowledge of how to use depreciation to maximize their profits. More importantly, they need to understand the tax consequences of recaptured depreciation and how to effectively defer the tax in a 1031 tax deferred exchange. - See more at: http://www.mytaxfiler.com/blog/depreciation-and-1031-exchange/#sthash.6QzZt2Jr.dpuf
in Public bookmarks with 1031 exchange kind like
- FBAR- Important Definitions and Information –Part II
As per the law, if a U.S. person can control the disposition of money or other property in the account by delivery of a document containing his signature to the bank or other person who maintains the account, then he/she is said to have signature authority.
in Public bookmarks with 1031 accounts amnesty bank business fbar foreign irs return tax
- FBAR–the IRS Amnesty’s Compliance Options
The IRS introduced the FBAR law to identify persons who are using foreign financial accounts for illegal purposes or to hide unreported income.
in Public bookmarks with 1031 account amnesty bank fbar foreign irs planning tax
- How Families Can Invest Together with an LLC
One of the best uses of a limited liability company is as a vehicle for families to pool their money together to invest alongside one another. - See more at: http://www.mytaxfiler.com/blog/how-families-can-invest-together-with-an-llc/#sthash.9euJnMuS.dpuf
in Public bookmarks with 1031 exchange kind like
- Tax Planning Aiding Timely Tax Returns
"Taxes" defined as an involuntary fee levied on corporations or individuals are enforced by the government in order to finance government activities.
in Public bookmarks with 1031 account bank business foreign planning return tax
- The 1031 Exchange Blog
In a 1031 exchange, a qualified intermediary (QI), accommodator or facilitator is engaged to provide exchange documentation and hold the exchange proceeds in an escrow account under the taxpayer’s tax identification number. - See more at: http://www.mytaxfiler.com/blog/the-1031-exchange-blog-3/#sthash.A9vR2q94.dpuf
in Public bookmarks with 1031 like-kind-exchange penalties
- The 1031 Exchange Blog
Taxpayers owning rental property acquired in a 1031 exchange may convert the property from a rental to their primary residence.
in Public bookmarks with 1031 business capital exchange gain in india long return tax term
- Three Issues to a Foreign 1031 Exchange
Internal Revenue Code (IRC) Section 1031 applies to the citizen or resident of the United States (US) or non-resident alien subject to US - See more at: http://www.mytaxfiler.com/blog/three-issues-to-a-foreign-1031-exchange/#sthash.LksoaiLz.dpuf
in Public bookmarks with 1031 exchange kind like penalties
1031 from all users