http://netvouz.com/lillymark/tag/1031?feed=rss lillymark's bookmarks tagged "1031" on Netvouz http://www.mytaxfiler.com/blog/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. lillymark Wed, 16 Jan 2013 07:13:51 GMT http://www.mytaxfiler.com/blog/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 lillymark Wed, 13 Nov 2013 09:17:12 GMT http://www.mytaxfiler.com/blog/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 lillymark Wed, 13 Nov 2013 10:10:20 GMT http://www.mytaxfiler.com/blog/7-key-rules-about-1031-exchanges-before-theyre-repealed/ A 1031 exchange, also called a like-kind exchange or a Starker, is a swap of one business or investment asset for another.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. lillymark Mon, 09 Jun 2014 12:19:41 GMT http://www.mytaxfiler.com/blog/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 lillymark Mon, 16 Sep 2013 11:16:53 GMT http://www.amazines.com/article_detail_new.cfm/5682935?articleid=5682935 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. lillymark Wed, 15 May 2013 09:27:50 GMT http://www.articleblast.com/Money_and_Finance/Taxes/FBAR%96the_IRS_Amnesty%92s_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. lillymark Thu, 02 May 2013 08:37:51 GMT http://www.mytaxfiler.com/blog/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 lillymark Tue, 26 Nov 2013 09:04:59 GMT http://www.amazines.com/article_detail_new.cfm/5697410?articleid=5697410 "Taxes" defined as an involuntary fee levied on corporations or individuals are enforced by the government in order to finance government activities. lillymark Wed, 29 May 2013 08:43:57 GMT http://www.mytaxfiler.com/blog/the-1031-exchange-blog-4/ Taxpayers owning rental property acquired in a 1031 exchange may convert the property from a rental to their primary residence. lillymark Mon, 12 May 2014 10:59:08 GMT