Sunday, September 12, 2010

Save Your Deals With a Reverse 1031 Exchange

You are invited to the next webinar in The Exeter Edge™ Webinar Series entitled:

Save Your Deals
With a
Reverse 1031 Exchange

Monday, September 13th, 2010, at 10:00 AM PDT.

Click Here For More Information and/or to REGISTER.  There is no cost to register, and you can invite colleagues, friends, and guests, too.  Click here to view other upcoming webinars in The Exeter Edge™ Webinar Series.

Wednesday, September 08, 2010

William L. Exeter Appointed Technical Editor for Real Estate Wealth Book

Book publisher Collaborative Press has announced the appointment of William Exeter as lead technical editor for an upcoming title for real estate investors: Real Estate Wealth: Investing in Turbulent Times.

Collaborative Press publishes books for the public that are co-authored by professionals from a wide variety of disciplines, and from different parts of the country. That methodology produces consumer books that contain the best thoughts and practices of the top experts.

Real Estate Wealth: Investing in Turbulent Times will be written by selected real estate agents and brokers, mortgage professionals, appraisers, home inspectors, 1031 Exchange facilitators, attorneys, financial advisors, insurance professionals, and CPAs. Contributing Authors are chosen by an application process, based on years of experience, education and training, and other professional credentials. 

William "Bill" L. Exeter was selected as the lead editor for this upcoming work because of his broad experience and expertise in the field of real estate investing. He is the President and Chief Executive Officer for Exeter 1031 Exchange Services, LLC; Exeter Fiduciary Services, LLC; Exeter IRA Services, LLC; and their affiliate companies. Mr. Exeter is based in the company's national corporate headquarters located in San Diego, California.

Mr. Exeter has been in the fiduciary services industry since 1980. He began specializing in real estate tax strategies in 1986 with a specialty emphasis in 1031 and 1033 Exchanges as well as Self-Directed IRAs.

His area of expertise also includes specialized trust and fiduciary services for the real estate industry, including Title Holding Trusts or Land Trusts, dispute settlement trust accounts, dispute resolution trust accounts, divorce or dissolution trust accounts, cash holding escrows or holding trust accounts, and environmental hazardous waste clean-up fund trust accounts.

Mr. Exeter has written and lectured extensively on 1031 and 1033 Exchange transactions, tenant-in-common (TIC) investment properties, Self-Directed IRAs, Deferred Sales Trusts™ and Title Holding Trusts or Land Trusts.

In addition, Mr. Exeter is the owner and host of The Exeter Group Real Estate Talk Radio Show™, is a frequent guest expert on "The Financial Advisors — Money Talk Radio Show” on San Diego News Radio AM 600 KOGO and on the "Inside Business Radio Show" on Business Talk Radio AM 1000 KCEO San Diego.

Mr. Exeter also serves as an industry consultant and advisor and as an expert witness on 1031 exchange related litigation.

Friday, September 03, 2010

Donating Real Estate? Consider Doing A Cost Segregation Study First!

Generally, investors will consider making a charitable contribution or donation of real estate for tax purposes.  There may be other objectives, but tax planning is often the primary motivation.

So, if you are going to make a charitable donation of real estate to a qualifying charity of your choice, why not take full advantage of the tax planning opportunities available to you? 

Cost Segregation Study

You should give serious thought to doing a Cost Segregation Study first, which would allow you to accelerate your depreciation deductions on the personal property components associated with the commercial real estate, and then you can complete the charitable contribution and receive your tax deduction for the donation.   

It's the best of both worlds.  You speed up depreciation write offs for the personal property and take a catch up tax deduction in the current year for the prior year depreciation that you did not take, and then you also receive your charitable contribution deduction either through an outright contribution or through a charitable remainder trust. 

The longer you have owned the property, the more you can benefit from a Cost Segregation Study prior to making a charitable contribution.  I would be happy to discuss this use of the Cost Segregation tax planning strategy with you, just call.