tag:blogger.com,1999:blog-370499412024-03-13T08:31:25.541-07:00The Exeter Group of CompaniesExeter Tax Deferred Solutions is dedicated to helping investors build and maintain wealth through 1031 Tax Deferred Exchanges, 1033 Tax Deferred Exchanges, Self-Directed IRAs and Cost Segregation Studies. (619) 239-3091William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.comBlogger350125tag:blogger.com,1999:blog-37049941.post-91760400305103791662021-04-20T15:41:00.001-07:002021-05-09T15:58:17.416-07:00Unraveling the Mystery of Investing in Notes inside Self-Directed IRAs<div><h4 style="text-align: left;">Buying Notes Secured by Deeds of Trusts or Mortgages</h4><div>What does that mean? What are the benefits of buying notes? How can you get started? Our guest describes it as “Dancing between property and paper.” Dawn Rickabaugh is the owner of NQ Capital (<a href="http://NoteQueen.com" target="_blank">NoteQueen.com</a>), a small, family-operated investment company that buys both property and paper. She buys seller-financed notes across the country and helps others get started investing in promissory notes secured by deeds of trust, too. She also buys & sells real estate in Carson City, Nevada (Reno-Tahoe area), and consults in real estate transactions that involve owner financing. </div><h4 style="text-align: left;">Investing in Notes Inside Self-Directed IRAs or 401(k)s</h4><div>Self-Directed IRA and Individual 401(k) Plan account owners have become increasingly frustrated with Wall Street. Real estate investors want to invest in what they know, understand, and love – real estate. And yet, so many IRA Custodians only allow stocks, bonds, and mutual funds as investment vehicles. </div><div><br /></div><div>Investors want options, choices, especially when it comes to real estate. Investing in promissory notes secured by real estate – often referred to as buying paper – inside of a Self-Directed IRA and Individual 401(k) Plan is one such option. You can buy and invest in real estate, deeds of trust, mortgages, promissory notes and other “paper” inside Self-Directed IRAs and Individual 401(k) Plans. Join Dawn Rickabaugh and host Bill Exeter as they unravel this mystery today! </div><div> </div><div>Email your Self-Directed IRA and Individual 401(k) Plan questions to ASK@exeterco.com and we’ll address them in our next episode.</div></div><h4 style="text-align: left;">Investing in Promissory Notes Secured by Deeds of Trust and Mortgages Inside a Self-Directed IRA or Individual 401(k) Plan</h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/hNPv6flh5Dw" width="480"></iframe><h4 style="text-align: left;">Next Episode of Go Ahead, ASK! Podcast </h4><div>Join us on the next episode of Go Ahead, ASK Podcast as we unravel the mystery of investing in <a href="https://youtu.be/TKc45tDUE2k">Delaware Statutory Trusts (DSTs)</a> as replacement property options for 1031 Exchanges. You can email your Delaware Statutory Trust (DST) questions to ASK@exeterco.com or call (619) 239-3091 and we'll cover them on the Podcast. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-41460961014277557662021-04-09T15:37:00.001-07:002021-05-09T15:40:40.977-07:00Unraveling the Mystery of California Proposition 19 by Go Ahead, ASK Podcast<h4 style="text-align: justify;">California Property Taxes Get More Complicated </h4><div><div style="text-align: justify;">Property taxes get more and more complicated, especially in the state of California. California Proposition 19 was passed by voters in November 2020. Proposition 19 has significant negative effects on the transfer of real estate – both primary residences and rental or investment property – to children and grandchildren. </div><h4 style="text-align: justify;">Unraveling the Mystery of California Proposition 19</h4><div style="text-align: justify;">The Exeter Group Unravels the Mystery of California Proposition 19 on Go Ahead, ASK! Podcast. The discussion includes how California Proposition 19 impacts current California property tax laws, including the Parent to Child (Prop 58), Grandparent to Grandchild (Prop 193) and Senior Exclusion from Reassessment (Prop 60 and Prop 90). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Join expert guests <a href="https://www.krvariccapital.com/" target="_blank">Tony Krvaric</a>, President and CEO, Krvaric Capital, and <a href="https://www.sandiego.gov/iab/about/marks-bio" target="_blank">Jordan Marks, Esq</a>., Taxpayer Advocate, San Diego County Assessor/Recorder/County Clerk for an in-depth discussion of California Proposition 19. Email your questions to ASK@exeterco.com and we’ll address them in our next episode.</div></div><h4 style="text-align: justify;">California Proposition 19</h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/2nnJD-omXjc" width="480"></iframe><h4 style="text-align: justify;">Next Episode of Go Ahead, ASK! Podcast </h4><div style="text-align: justify;">Join us on the next episode of Go Ahead, ASK Podcast as we unravel the mystery of <a href="https://www.youtube.com/watch?v=hNPv6flh5Dw">investing in notes</a> inside Self-Directed IRAs and Individual 401(k) Plans (Solo Ks). You can email your note or paper investing questions to ASK@exeterco.com or call (619) 239-3091 and we'll cover them on the Podcast. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-3551178958540119632021-03-31T20:56:00.002-07:002021-04-14T21:01:05.767-07:00Unraveling the Mystery of Commercial R.E. in Illinois & Beyond on Go Ahead, ASK!<h4 style="text-align: justify;">Investing in Chicago Illinois Commercial Real Estate </h4><div style="text-align: justify;">Have you considered investing in commercial real estate in Chicago, Illinois or beyond? Are you thinking about selling commercial real estate in another state and repositioning in the greater Chicago, Illinois real estate market? </div><h4 style="text-align: justify;">Alex Ruggieri with SVN Ramshaw Real Estate</h4><div style="text-align: justify;">Alex Ruggieri with <a href="https://ruggieriteam.com/" target="_blank">SVN Ramshaw</a> Real Estate and with NexTrend Securities, Inc. has over 40 years in the real estate brokerage business and can help shed some light on the commercial real estate market in Illinois for investors looking to get into the market. He also has experience in Delaware Statutory Trusts or DSTs. </div><h4 style="text-align: justify;">Unraveling the Mystery of Commercial Real Estate in Illinois </h4><div style="text-align: justify;">Commercial real estate investments can be extremely complex transactions. Questions like what type of investment real estate should you buy? What geographic areas should you explore? What commercial real estate asset classes are doing well and those that are not doing well? </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><a href="http://www.exeter1031.com/about_Lauren_Speidel_lp.aspx">Lauren Speidel</a>, Regional Manager, <a href="http://www.exeter1031.com/ContactUs.aspx">Midwest Regional Office</a>, and Bill Exeter, President and CEO, Exeter 1031 Exchange Services, LLC interview Alex Ruggieri to demystify these questions and focus on the commercial real estate investment markets in Illinois. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Discussion includes commercial real estate investment areas/sectors in Illinois, asset classes/geographic areas seeing the most growth and those that are underperforming in Illinois, commercial real estate trends in Illinois and beyond, using Delaware Statutory Trusts (DSTs) in a real estate investors portfolio, and why investors might want to consider investing in commercial real estate in Illinois. </div><h4 style="text-align: justify;">Commercial Real Estate in Chicago, Illinois and Beyond</h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/dQp141HTgig" width="480"></iframe><h4 style="text-align: justify;">Next Episode on Go Ahead, ASK! Podcast</h4><div style="text-align: justify;">Join us on the next episode of Go Ahead, ASK Podcast as we unravel the mystery of <a href="https://www.youtube.com/watch?v=2nnJD-omXjc&t=82s">California Proposition 19</a> with Jordan Marks, Esq., Taxpayer Advocate, San Diego County Recorders/Assessors Office, and Tony Krvaric with Krvaric Capital. You can email your Proposition 19 questions to ASK@exeterco.com or call (619) 239-3091 and we'll cover them on the Podcast. </div><div style="text-align: justify;"><br /></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com01136 S Delano Ct, Chicago, IL 60605, USA41.8681337 -87.6330378-37.874281126619351 131.7419622 90 52.991962200000032tag:blogger.com,1999:blog-37049941.post-33101210778988722792021-02-24T09:07:00.003-08:002021-02-24T11:14:08.687-08:00Unraveling the Mystery of Net Lease Properties (NNN) on Go Ahead, ASK! <h4 style="text-align: justify;">The Terrible "T's" </h4><div style="text-align: justify;">Have you gotten to the point where you are just tired of "The Terrible T's, that you are just over them?" You are absolutely not alone. More and more investors find themselves in this predicament as they enter or enjoy retirement. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Wait! What are The Terrible T's you ask? The "T's" stand for tenants, turnover, taxes, toilets, teenagers, toddlers, and trash just to name a few. Investors are often looking for solutions to The Terrible T's. They want to get out of the day-to-day landlord headaches, but they do not want to get killed on taxes. They often have a very large taxable gain after owning their rental properties over the years. </div><h4 style="text-align: justify;">Passive Investment Options </h4><div style="text-align: justify;">There are a number of solutions to The Terrible T's and we will be unraveling this mystery over the next few months on <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Go Ahead, ASK! Podcast</a>. We decided to start with Net Lease Properties, often referred to as Triple Net Lease Properties or NNN Properties. There are many other varieties here, including, but not limited to, Net, Double Net, Triple Net, Absolute Net Lease properties, and Ground Leases. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group Unravels the Mystery of Net Lease Properties on Go Ahead, ASK! Podcast Ep. 13 with Bill Exeter, Chief Executive Officer, Exeter 1031 Exchange Services, LLC and his guest Joel Owens, President NNN Invest (<a href="http://www.nnninvest.com">www.nnninvest.com</a>). </div><h4 style="text-align: justify;">Net Lease Properties </h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/A3mdt63qvuE" width="480"></iframe><h4 style="text-align: left;">Next Episode of Go Ahead, ASK! Podcast </h4><div>Join us on the next episode of Go Ahead, ASK Podcast as we unravel the mystery of California Proposition 19 with Jordan Marks, Esq., Taxpayer Advocate, San Diego County Recorders/Assessors Office, and Tony Krvaric with Krvaric Capital. You can email your Proposition 19 questions to <a href="mailto:ASK@exeterco.com">ASK@exeterco.com</a> or call (619) 239-3091 and we'll cover them on the Podcast. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-24425347943994270582021-02-10T10:54:00.001-08:002021-02-24T11:14:24.160-08:00Unraveling the Mystery of Title Holding Trusts (Land Trusts) on Go Ahead, ASK!<div style="text-align: justify;">Have you ever wondered how Walt Disney was able to acquire the real property needed in Florida to build Disneyworld without anyone knowing, or how individuals in the political, entertainment, law enforcement or business world can keep their ownership interests out of the public record?</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">There are many reasons why you might want or need to acquire, hold, exchange or sell real estate or personal property on a confidential and private basis. People want privacy. People want to keep their names and real and personal property out of the public domain for liability reasons. </div><h4 style="text-align: justify;">Title Holding Trusts (Land Trusts) Discussion </h4><div style="text-align: justify;">Individuals, corporations and institutions can buy, hold, exchange and sell real estate and personal property on a confidential and private basis through the use of a Title Holding Trust (often referred to as an Illinois Land Trust, Florida Land Trust or just Land Trust). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group Unravels the Mystery of Title Holding Trusts (Land Trusts) on Go Ahead, ASK! Podcast Ep. 12 with Bill Exeter, Chief Executive Officer, Exeter Trust Company. </div><h4 style="text-align: justify;">Title Holding Trusts (Land Trusts) </h4><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://youtube.com/embed/r1YdzVufIa0" width="480"></iframe></div><h4 style="text-align: justify;">Next Episode of Go Ahead, ASK! Podcast</h4><div style="text-align: justify;">Join us on the next episode of Go Ahead, ASK Podcast as we unravel the mystery of net lease properties or Triple Net Lease properties (NNN) with Joel Owen of NNNInvest.com. You can email your questions to ASK@exeterco.com or call (619) 239-3091. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0205 Storey Blvd #200, Cheyenne, WY 82009, USA41.1745571 -104.825646212.864323263821156 -139.9818962 69.484790936178854 -69.6693962tag:blogger.com,1999:blog-37049941.post-66852705457495997962021-02-06T06:01:00.009-08:002021-02-24T11:14:43.284-08:00 Celebrate with Exeter 1031 Exchange Services, LLC on 15 years of business!<h4 style="text-align: justify;">“If you build it, they will come.” </h4><p style="text-align: justify;">It all started 15 years ago with an idea and one person, William "Bill" L. Exeter. His expertise in the field and passion for 1031 Exchanges started him on this journey. He added Maureen H. Brown to his team one week later on February 14, 2006, and the two of them have kept it growing ever since.</p><p style="text-align: left;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-0cOI6Od8oi4/YDDW6WEtPkI/AAAAAAAAA2E/kBsP31Daue4MPPTW6dMe0tc1bmr4bzHVwCLcBGAsYHQ/s1920/1031%2B15%2BYear.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em; text-align: justify;"><img border="0" data-original-height="1080" data-original-width="1920" height="113" src="https://1.bp.blogspot.com/-0cOI6Od8oi4/YDDW6WEtPkI/AAAAAAAAA2E/kBsP31Daue4MPPTW6dMe0tc1bmr4bzHVwCLcBGAsYHQ/w200-h113/1031%2B15%2BYear.jpg" width="200" /></a></div><div style="text-align: justify;">Despite The Great Recession of 2008 and the Coronavirus in 2020, the business stood strong and survived. Bill's and Maureen's hard work, <span>dedication and perseverance paid off. They have built a strong group which now includes 19 full time team members here to serve you. </span></div><p></p><p style="text-align: justify;"><span style="text-align: left;">They have continued to grow and build The Exeter Group of Companies, and on June 10, 2019, they added Exeter Trust Company to the family of companies which added the additional products and services of <a href="http://www.exeter1031.com/self_directed_ira.aspx">Self-Directed IRA’s</a>, Self-Directed Individual 401(k) Plans, <a href="http://www.exeter1031.com/california_title_holding_trust.aspx">Title Holding Trusts</a> (Land Trusts), <a href="http://www.exeter1031.com/cash_holding_holdback_escrow_accounts.aspx">Specialty Holding Escrows</a> and Custody Services, all focused on Alternative Investments or non-traditional assets. </span></p><h4 style="text-align: justify;"><span style="text-align: left;">Built To Endure - A Better Self-Directed Experience </span></h4><p></p><p style="text-align: justify;">A better experience comes from knowing you’re working with a regulated trust company and not just a third-party administrator or processor. A regulated trust company that has the requisite experience and expertise in real estate transactions and closing/settlement processes as well as those products and services offered. One that can consult and collaborate with investors’ legal, tax and financial advisors. </p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-yuRrJrrVPRM/Wb7V85qVpGI/AAAAAAAAAjE/aXyYwdcyx_EcT61pVF-V0EvjZBjjflRKgCPcBGAYYCw/s699/Exeter_1031_Clr_Cntr_B.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em; text-align: justify;"><img border="0" data-original-height="330" data-original-width="699" height="94" src="https://1.bp.blogspot.com/-yuRrJrrVPRM/Wb7V85qVpGI/AAAAAAAAAjE/aXyYwdcyx_EcT61pVF-V0EvjZBjjflRKgCPcBGAYYCw/w200-h94/Exeter_1031_Clr_Cntr_B.jpg" width="200" /></a></div><p></p><p style="text-align: justify;">A firm with significant amounts of fidelity bond coverage, errors and omissions insurance and equity capital. Where trust administrators have decades of experience and have weathered the winds of change. The Exeter Group of Companies is truly Build To Endure. </p><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0404 Camino del Rio S, San Diego, CA 92116, USA32.7611451 -117.16218214.4509112638211548 -152.3184321 61.071378936178846 -82.0059321tag:blogger.com,1999:blog-37049941.post-11294046306839988852021-01-29T16:54:00.002-08:002021-02-24T11:14:52.931-08:00Unraveling the Mystery of DSTs or Delaware Statutory Trusts on Go Ahead, ASK! Podcast<h4 style="text-align: justify;">An Introduction to Delaware Statutory Trusts (DSTs)</h4><div style="text-align: justify;">One of the most difficult tasks involved in structuring and successfully completing a Tax Deferred Exchange transaction is locating and identifying suitable replacement property within the prescribed deadlines required under Section 1031 of the Internal Revenue Code. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">This is especially true in difficult real estate markets like today when you have limited available inventory on the market and must compete with multiple offers and bidding wars. The 45 calendar day <a href="http://www.exeter1031.com/1031_exchange_deadlines.aspx">identification period</a> is often not enough time to perform market research and adequate due diligence. </div><h4 style="text-align: justify;">Delaware Statutory Trust of DSTs </h4><div style="text-align: justify;">One option that can take much of the risk out identifying potential replacement properties in a 1031 Exchange transaction is the Delaware Statutory Trust of DST. The Exeter Group Unravels the Mystery of the Delaware Statutory Trusts on Go Ahead, ASK! Podcast. </div><h4 style="text-align: justify;">Delaware Statutory Trusts (DSTs) </h4><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://youtube.com/embed/HwJHRngYT4Y" width="480"></iframe></div><h4 style="text-align: justify;">Next Episode of Go Ahead, ASK! Podcast </h4><div style="text-align: justify;">Join us on the next episode of Go Ahead, ASK! Podcast as we unravel the mystery of <a href="http://www.exeter1031.com/california_title_holding_trust.aspx">Title Holding Trusts (Land Trusts)</a>. You can email your questions to ASK@exeterco.com or call (619) 239-3091. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0404 Camino del Rio S, San Diego, CA 92116, USA32.7611451 -117.16218214.4509112638211548 -152.3184321 61.071378936178846 -82.0059321tag:blogger.com,1999:blog-37049941.post-51879599684271625382021-01-18T11:56:00.002-08:002021-02-24T11:15:16.033-08:00Unraveling the Mystery of Self-Directed IRAs on Go Ahead, ASK! Podcast (SDIRAs)<h4 style="text-align: justify;">An Introduction to Self-Directed IRAs (SDIRAs) </h4><div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-uo2J3jd3wJw/X_5aKpjJWMI/AAAAAAAAA0M/CX81lHrh5Dg8AylyNT1_aXEZaRspOwBSACLcBGAsYHQ/s810/SDIRA%2BReal%2BEstate.jpg" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em; text-align: justify;"><img alt="Introduction to Self-Directed IRAs" border="0" data-original-height="350" data-original-width="810" height="86" src="https://1.bp.blogspot.com/-uo2J3jd3wJw/X_5aKpjJWMI/AAAAAAAAA0M/CX81lHrh5Dg8AylyNT1_aXEZaRspOwBSACLcBGAsYHQ/w200-h86/SDIRA%2BReal%2BEstate.jpg" title="Introduction to Self-Directed IRAs" width="200" /></a></div><div style="text-align: justify;">There has always been lots of questions and confusion surrounding <a href="http://www.exeter1031.com/self_directed_ira.aspx">Self-Directed IRAs</a> and Self-Directed Individual 401(k) Plans (often referred to as "SDIRAs" and "Solo-Ks). The more common questions asked by those investors who are just learning about Self-Directed Retirement Accounts often include: </div></div><div><ul style="text-align: left;"><li style="text-align: justify;">What is a Self-Directed IRA or Individual 401(k) Plan?</li><li style="text-align: justify;">What type of assets can my SDIRA invest in? </li><li style="text-align: justify;">What are <a href="http://www.exeter1031.com/self-directed_ira_alternative_investments.aspx">Alternative (Non-Traditional) Investments</a>?</li><li style="text-align: justify;">How can I get started and investment with a SDIRA? </li><li style="text-align: justify;">Which IRA Custodian is right for my investment goals? </li><li style="text-align: justify;">Can I buy my personal residence inside of my SDIRA</li><li style="text-align: justify;">Can I loan money to myself or a family member? </li></ul></div><div style="text-align: justify;">Investors often query 3 or 4 different advisors, brokers or financial institutions and walk away with 3 or 4 different answers. These responses are often just the advisors' opinions and create contradictory and confusing guidance for many self-directed, do-it-yourself investors (DIYI).</div><h4 style="text-align: justify;">Unraveling the Mystery of Self-Directed IRAs </h4><div><div style="text-align: left;"><a href="https://1.bp.blogspot.com/-s_b6g74-mWo/X_6DtrhoKkI/AAAAAAAAA0g/cq0CX7CXP9ko0ZPBhcfcb5rsTAHCvc_JQCLcBGAsYHQ/s708/ExeterTrust_Clr_Cntr.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em; text-align: justify;"><img alt="Exeter Trust Company" border="0" data-original-height="342" data-original-width="708" height="97" src="https://1.bp.blogspot.com/-s_b6g74-mWo/X_6DtrhoKkI/AAAAAAAAA0g/cq0CX7CXP9ko0ZPBhcfcb5rsTAHCvc_JQCLcBGAsYHQ/w200-h97/ExeterTrust_Clr_Cntr.jpg" title="Exeter Trust Company" width="200" /></a></div><div style="text-align: justify;">Self-Directed IRAs and Individual 401(k) Plans are powerful, tax-favored, strategic retirement saving and planning tools that every real estate investor should at least consider. The Exeter Group Unravels the Mystery of Self-Directed IRAs and Individual 401(k) Plans on Go Ahead, ASK! Podcast with Bill Exeter, President and Chief Executive Officer, The Exeter Group of Companies, including <a href="http://www.exetertrustcompany.net">Exeter Trust Company</a> that serves as an IRA Custodian. Join us now....</div></div><h4 style="text-align: justify;">An Introduction to Self-Directed IRAs (SDIRAs) and Individual 401(k) Plans (Solo-Ks) </h4><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://youtube.com/embed/9bKF-T_DUSk" width="480"></iframe></div><h4 style="text-align: justify;">Next Episode of Go Ahead, ASK! Podcast </h4><div style="text-align: justify;">Join us on the next episode of Go Ahead, ASK! Podcast as we unravel the mystery of <a href="http://www.exeter1031.com/benefits_of_a_title_holding_trust.aspx">Title Holding Trusts (Land Trusts)</a>. You can email your questions to ASK@exeterco.com or call (619) 239-3091. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0205 Storey Blvd, Cheyenne, WY 82009, USA41.1745571 -104.825646212.864323263821156 -139.9818962 69.484790936178854 -69.6693962tag:blogger.com,1999:blog-37049941.post-8217996284546167492021-01-14T11:09:00.013-08:002021-01-14T11:09:00.212-08:00Failed 1031 Exchange Consequences and Strategies on Go Ahead, ASK! Podcast<div><h4 style="text-align: justify;">1031 Exchanges Don't Always Work Out</h4><div style="text-align: justify;">Sometimes Tax Deferred Exchange transactions, usually referred to as 1031 Exchanges, just do not work out as planned. It might be that you are unable to find any potential replacement properties that meet your financial goals and objectives, or that pass your due diligence requirements, or that pencil out from a cash flow perspective. Or, it might be that you encounter unexpected financing challenges, clouds on legal title, or defects to the property. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In any event, under certain circumstances like those mentioned above investors may not be able to complete their 1031 Exchange transaction. What then? </div><h4 style="text-align: justify;">Failed 1031 Exchange Strategies </h4><div style="text-align: justify;">What happens when you start a 1031 Exchange but you’re not able to complete your 1031 Exchange? When is a failed 1031 Exchange taxable? </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group Unravels the Mystery of <a href="http://www.exeter1031.com/articles_failed_1031_exchange.aspx">Failed 1031 Exchange Strategies</a> with Bill Exeter, President and Chief Executive Officer, The Exeter Group of Companies. Join us now....</div><h4 style="text-align: justify;">Failed 1031 Exchange Consequences and Strategies </h4></div><iframe frameborder="0" height="270" src="https://youtube.com/embed/FK-6agGe-0U" width="480"></iframe><h4 style="text-align: left;">Next Episode of Go Ahead, ASK! Podcast</h4><div>Join us on the next episode of Go Ahead, ASK! Podcast as we unravel the mystery of <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Self-Directed IRAs and Self-Directed Individual 401(k) Plans</a>. You can email your questions to ASK@exeterco.com or call (619) 239-3091. </div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0404 Camino del Rio S, San Diego, CA 92116, USA32.7611451 -117.16218214.4509112638211548 -152.3184321 61.071378936178846 -82.0059321tag:blogger.com,1999:blog-37049941.post-47616375205106081972021-01-11T20:48:00.003-08:002021-01-11T20:48:01.174-08:00Tax-Deferred and Tax-Exclusion Strategies Other Than 1031 Exchanges on Go Ahead, ASK! Podcast Ep. 08<h4 style="text-align: justify;">1031 Exchange Often Best Strategy </h4><div style="text-align: justify;">The 1031 Exchange is often the right tax-deferred strategy for investors to use when selling rental, investment or business use real property, but not always. It's important to keep the other more common tax-deferred and tax-exclusion strategies in mind just in case they are more appropriate under certain circumstances. </div><h4 style="text-align: justify;">Other Tax-Deferred and Tax-Exclusion Strategies </h4><div style="text-align: justify;">Investors need to at least be aware of Section 1033 Exchanges, Section 1034 Exchanges, Section 721 Contributions (upREITs), Section 121 Exclusions, Section 453 Installment Sales, Charitable Remainder Trusts (CRTs), and Delaware Statutory Trusts (DSTs). </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">As with any income tax strategy, especially certain tax-deferred and tax-exclusion strategies for rental, investment or business use real estate, there is confusion surrounding the topic. There are always lots of opinions that sound like fact. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group Unravels the Mystery of <a href="http://www.exeter1031.com/Summary_Tax_Strategies.aspx">Other Tax-Deferred and Tax-Exclusion</a> Strategies that might be appropriate for investors under certain circumstances. Join Lauren Speidel, Regional Manager and Bill Exeter, President and Chief Executive Officer, The Exeter Group now....</div><h4 style="text-align: justify;">Tax-Deferred and Tax-Exclusion Strategies Other Than 1031 Exchanges</h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/oJ02iEfbMgE" width="480"></iframe><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-66817118284279268462021-01-07T05:04:00.004-08:002021-01-07T05:04:01.799-08:00Qualified Opportunity Zone Investments with David Levinson on Go Ahead, ASK!<h4 style="text-align: justify;">Tax Cuts and Jobs Act of 2017</h4><div style="text-align: justify;">The Tax Cuts and Jobs Act of 2017 (TCJA) created a new investment incentive program called the Qualified Opportunity Zone or QOZ. Its purpose is to promote growth in economically challenged areas or "zones" by stimulating investment activity in those "zones." </div><h4 style="text-align: justify;">Qualified Opportunity Zones</h4><div style="text-align: justify;">There are approximately 8,700 "zones" that have been selected by the Governors of each state and then designated by the Federal government as Qualified Opportunity Zones within the United States. </div><div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-YsQTnRQPf4w/X-s1XpQcU8I/AAAAAAAAAyk/7WTNlZI2v6cu-wlfgIwxwotMN4vc-bIlQCLcBGAsYHQ/s305/Qualified%2BOp%2BZones.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img alt="Qualified Opportunity Zones" border="0" data-original-height="165" data-original-width="305" height="108" src="https://1.bp.blogspot.com/-YsQTnRQPf4w/X-s1XpQcU8I/AAAAAAAAAyk/7WTNlZI2v6cu-wlfgIwxwotMN4vc-bIlQCLcBGAsYHQ/w200-h108/Qualified%2BOp%2BZones.jpg" title="Qualified Opportunity Zones" width="200" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"></td></tr></tbody></table><div style="text-align: justify;"><br /></div></div><div style="text-align: justify;">As with any new income tax strategy, especially the ones that are designed to stimulate economic investment activity, Qualified Opportunity Zone Investments create their own complexities and confusion. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Unravels the Mystery</a> of Qualified Opportunity Zone Investments during an interview with David Levinson, American Trust Investment Services, on Go Ahead, ASK! </div><h4 style="text-align: justify;">Qualified Opportunity Zone Investments with David Levinson on Go Ahead, ASK! Podcast</h4><iframe frameborder="0" height="270" src="https://youtube.com/embed/zmevR8n6ZkE" width="480"></iframe><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0404 Camino del Rio S, San Diego, CA 92116, USA32.7611451 -117.16218214.4509112638211548 -152.3184321 61.071378936178846 -82.0059321tag:blogger.com,1999:blog-37049941.post-3933527104354182932021-01-04T11:39:00.004-08:002021-02-24T11:15:44.583-08:00Permissible vs. Non-Permissible 1031 Exchange Expenses on Go Ahead, ASK! Podcast Ep. 06<div><div style="text-align: justify;">1031 Exchange transactions pursuant to Section 1031 of the Internal Revenue Code can be very complex and extremely confusing, especially to an investor that has never completed a 1031 Exchange transaction before. The Exeter Group demystifies what qualifies as a permissible vs. non-permissible 1031 Exchange Expense and what the income tax consequences are on the Go Ahead, ASK! Podcast. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">We have been <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Unraveling the Mystery of 1031 Exchanges</a> on the Go Ahead, ASK Podcast. We take a deeper dive on Episode 06 of Go Ahead, ASK! by The Exeter Group into closing costs, what is considered to be <a href="http://www.exeter1031.com/permissible_1031_exchange_closing_costs.aspx">permissible vs. non-permissible</a> for 1031 Exchange purposes, and how you can avoid triggering small amounts of taxable gain even on a successful 1031 Exchange. Join us now....</div><h4 style="text-align: justify;">Go Ahead, ASK! Podcast by The Exeter Group. Unraveling the Mystery of 1031 Exchanges - Permissible vs. Non-Permissible 1031 Exchange Expenses</h4></div><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://www.youtube.com/embed/aXrQ-z3CC_8" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-75518226002432404612020-12-31T23:30:00.004-08:002021-01-03T11:07:28.733-08:00<p></p><div class="separator" style="clear: both; text-align: justify;">From all our team members and our extended families at Exeter 1031 Exchange Services, LLC, we wish our clients, their families, partners and advisors a very "Happier" New Year. </div><div class="separator" style="clear: both; text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: justify;">We are looking forward to a much happier, healthier and more prosperous new year in 2021. </div><div class="separator" style="clear: both; text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-w407KHwtJLQ/X_IUhsyxiDI/AAAAAAAAAz4/HB-_iSRijQ4V1OX52rjgEl0ei8CdfHubACLcBGAsYHQ/s648/New-Year-Corp.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="432" data-original-width="648" height="266" src="https://1.bp.blogspot.com/-w407KHwtJLQ/X_IUhsyxiDI/AAAAAAAAAz4/HB-_iSRijQ4V1OX52rjgEl0ei8CdfHubACLcBGAsYHQ/w400-h266/New-Year-Corp.jpg" width="400" /></a></div><br /> <p></p><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-48462032149757134072020-12-30T05:32:00.020-08:002020-12-30T11:03:53.790-08:00“The Taxpayer” on Unraveling the Mystery of 1031 Exchanges | Go Ahead, ASK!<div><div style="text-align: justify;">Like Kind Exchange transactions are complex and extremely confusing. You can ask multiple advisors the same question and get different answers. This is why The Exeter Group demystifies 1031 Exchanges on its Go Ahead, ASK! Podcast. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">The Exeter Group continued Unraveling the Mystery of 1031 Exchanges during its forth <a href="https://exeterco.blogspot.com/2020/12/unraveling-mystery-of-1031-exchanges.html">Go Ahead, ASK Podcast</a> - Part II (Ep. 04) including how to choose a Qualified Intermediary, what qualifies for tax-deferred exchange treatment under Section 1031, why Qualified Trust Accounts are so very important, and what properties are considered like-kind to other properties. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">"The Taxpayer" is discussed in this Episode 05 of the Go Ahead, ASK! Podcast. Does the taxpayer have to acquire and hold legal title to the replacement property in the exact same name that they held title to their relinquished property? Not necessarily. Join us now....</div><h4 style="text-align: justify;">Go Ahead, ASK! Podcast by The Exeter Group. "The Taxpayer" on Unraveling the Mystery of 1031 Exchanges. </h4></div><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://youtube.com/embed/6YWNHWwPSSM" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-82133246793489624102020-12-27T17:31:00.001-08:002020-12-27T17:31:42.853-08:00Unraveling the Mystery of 1031 Exchanges - Part II | Go Ahead, ASK! Podcast Ep. 04<div><div style="text-align: justify;">1031 Tax Deferred Exchange transactions are often very complex and can be extremely confusing to an investor that has never completed a 1031 Exchange before. The Exeter Group demystifies what qualifies and what doesn’t on the Go Ahead, ASK! Podcast. </div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">We started Unraveling the Mystery of 1031 Exchanges during our very first <a href="http://exeterco.blogspot.com/2020/11/go-ahead-ask-podcast-unraveling.html">Go Ahead, ASK Podcast</a> - Part I (Ep. 01). We continue this discussion on Episode 04 of Go Ahead, ASK! by The Exeter Group includes how to choose a Qualified Intermediary, what qualifies for tax-deferred exchange treatment under Section 1031, why Qualified Trust Accounts are so very important, and what properties are considered like-kind to other properties. Join us now....</div><h4 style="text-align: justify;">Go Ahead, ASK! Podcast by The Exeter Group. Unraveling the Mystery of 1031 Exchanges - Part II.</h4></div><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://youtube.com/embed/k83W9uNswLU" style="background-image: url(https://i.ytimg.com/vi/k83W9uNswLU/hqdefault.jpg);" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-91808731424129918592020-11-26T08:52:00.002-08:002020-11-26T08:52:32.613-08:00Happy Thanksgiving from Exeter 1031 Exchange Services, LLC <p> <a href="https://1.bp.blogspot.com/-X5XDu2IVzCQ/X7_c3u4uNQI/AAAAAAAAAxs/JuCrQ3ZCKMkzHpmb_KkVWIqzLliYx_m8gCLcBGAsYHQ/s2048/Thanksgiving.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em; text-align: center;"><img border="0" data-original-height="1625" data-original-width="2048" height="318" src="https://1.bp.blogspot.com/-X5XDu2IVzCQ/X7_c3u4uNQI/AAAAAAAAAxs/JuCrQ3ZCKMkzHpmb_KkVWIqzLliYx_m8gCLcBGAsYHQ/w400-h318/Thanksgiving.jpg" width="400" /></a><br /><br /></p><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-66272972469536329092020-11-24T15:02:00.003-08:002020-12-27T16:37:24.196-08:00Go Ahead, ASK! Podcast | 1031 Exchanges Threatened Again<div style="text-align: left;"><h4 style="text-align: justify;">1031 Exchanges Threatened Again</h4><p class="MsoNormal" style="text-align: justify;">Every three (3) to five (5) years there is a new threat to Section 1031 of the Internal Revenue Code ("1031 Exchange." I think during the thirty-six (36) years that I have been in the 1031 Exchange industry almost every administration has proposed some kind of change, reduction or elimination of the 1031 Tax Deferred Exchange strategy. </p><h4 style="text-align: justify;">It's an Education Thing! </h4><p class="MsoNormal" style="text-align: justify;">It is important to note that this is not a Republican or Democratic Party "thing." Virtually every administration has attempted change. This is more about educating members of Congress as to the benefits of the 1031 Exchange and the unintended consequences that would result if 1031 Exchanges were significantly reduced or eliminated. </p>
<h4 style="text-align: justify;">This time is no different. </h4><p class="MsoNormal" style="text-align: justify;">Presidential candidate Biden's has announced he intends to
eliminate 1031 Exchanges should he become President. Hosts Bill Exeter and
<a href="http://www.exeter1031.com/about_Lauren_Speidel_lp.aspx" target="_blank">Lauren Speidel</a> of Go Ahead, ASK! discuss with Daniel Wagner, Senior Vice President, Government
Relations, with The Inland Real Estate Group, LLC the proposal to eliminate
1031 Exchanges and the effect it would have on the real estate industry and the overall U.S. economy, and how investors, advisors and interested parties can help to educate members of Congress. </p></div><div style="text-align: justify;"><iframe frameborder="0" height="270" src="https://www.youtube.com/embed/FckAv2pEr-M" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-81563499998087173552020-11-20T14:51:00.012-08:002020-12-26T22:30:47.425-08:00Go Ahead, ASK! Podcast | Unraveling the Mysteries of 1031 Exchange - Part I<div><p class="MsoNormal" style="text-align: justify;">1031 Exchange transactions are often complex and confusing. We demystify what qualifies and what
doesn’t on Go Ahead, ASK! Podcast. </p><p class="MsoNormal" style="text-align: justify;">Discussion on Episode 01 of Go Ahead, ASK! includes how to
choose a Qualified Intermediary, what qualifies for tax-deferred exchange
treatment under Section 1031, Qualified Trust Accounts, and what properties are
considered like-kind. Join us now....</p><h4 style="text-align: justify;">Go Ahead, ASK! Podcast by The Exeter Group. Unraveling the Mystery of 1031 Exchanges - Part I. </h4><p class="MsoNormal"><o:p></o:p></p></div><div style="text-align: center;"><iframe frameborder="0" height="270" src="https://www.youtube.com/embed/ZVs0o1ozGSE" style="background-image: url(https://i.ytimg.com/vi/ZVs0o1ozGSE/hqdefault.jpg);" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-78653716086517232222020-11-17T14:50:00.003-08:002020-12-26T22:31:06.996-08:00Unraveling the Mystery of 1031 Exchanges<div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-pz05rlFeAWs/X7ROPquOiEI/AAAAAAAAAxI/5OwaAghotWcZ0kpvfMEt_QLHCSLslJJBACLcBGAsYHQ/s2048/Exeter%2BBill%2BPrimary.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em; text-align: left;"><img alt="Bill Exeter CEO and President" border="0" data-original-height="2048" data-original-width="1583" height="163" src="https://1.bp.blogspot.com/-pz05rlFeAWs/X7ROPquOiEI/AAAAAAAAAxI/5OwaAghotWcZ0kpvfMEt_QLHCSLslJJBACLcBGAsYHQ/w125-h163/Exeter%2BBill%2BPrimary.jpg" title="William "Bill" L. Exeter" width="125" /></a></div><div style="text-align: justify;">Welcome to the webinar entitled Unraveling the Mystery of 1031 Exchanges. The webinar is presented by <a href="http://www.exeter1031.com/about_william_exeter.aspx" target="_blank">William "Bill" L. Exeter</a>, Chief Executive Officer, President and Founder of Exeter 1031 Exchange Services, LLC, a 1031 Exchange Qualified Intermediary.</div></div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">We decided to name the webinar Unraveling the Mystery of 1031 Exchanges because there are so many moving parts to a 1031 Exchange transaction and investors are often confused by the myriad of different and frequently contradictory answers they receive when speaking with their legal, tax and financial advisors or their 1031 Exchange Qualified Intermediaries. </div><h4 style="text-align: justify;">Opinions and Interpretations </h4><div style="text-align: justify;">The answers provided are often just "opinions," which creates the seemingly confusing and contradictory information. The "opinions" sound like fact, but are just the advisors' interpretation of the facts. Some "opinions" or interpretations are more aggressive and some are more conservative in nature. The key is to understand the difference between the various interpretations and then make up your own mind. </div><h4 style="text-align: justify;">Go Ahead, ASK! Podcast </h4><div style="text-align: justify;">This is why we decided to create the Unraveling the Mystery of 1031 Exchanges webinar and the <a href="https://www.youtube.com/watch?v=ZVs0o1ozGSE&list=PLe3g_Dlh2wPqYpCki6L6evfPTJ1mryU1_&index=6" target="_blank">Go Ahead, ASK! Podcast</a>. Our goal is to provide investors with an understanding of the various opinions and interpretations so that they can make better informed investment decisions. </div><h4 style="text-align: justify;">Unraveling the Mystery of 1031 Exchanges Webinar</h4><div style="text-align: center;"><iframe frameborder="0" height="270" src="https://www.youtube.com/embed/T-0H8n8ClF4" width="480"></iframe></div><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-73916901315926961392020-09-29T12:54:00.007-07:002020-12-30T11:03:16.669-08:00Go Ahead, ASK! Podcast is Here!<p style="text-align: justify;">The Exeter Group of Companies launches <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Go Ahead, ASK! Podcast</a>. Go Ahead, ASK! will unravel the mysteries of investment real estate so that investors can make better informed real property investment decisions.</p><div style="text-align: center;"><a href="https://www.youtube.com/c/TheExeterGroupofCompanies"><img alt="Go Ahead, ASK! Podcast" border="0" data-original-height="1080" data-original-width="1920" height="180" src="https://1.bp.blogspot.com/-zw7u_zRboY0/X3OI7yaSICI/AAAAAAAAAv8/ufxtZeOkpbAEeHKtiOsql0xChtuJ8eeIACLcBGAsYHQ/w320-h180/Podcast%2BAd%2B1.0.jpg" title="Go Ahead, ASK! Podcast" width="320" /></a></div><p style="text-align: justify;">We are so excited to introduce our new <a href="https://www.youtube.com/c/TheExeterGroupofCompanies">Go Ahead, ASK! Podcast</a> where podcast hosts <a href="http://www.exeter1031.com/about_william_exeter.aspx">William L. Exeter</a>, <a href="http://www.exeter1031.com/about_hiba_exeter_lp.aspx">Hiba Ibrahim</a>, <a href="http://www.exeter1031.com/about_Mark_Turok_lp.aspx">Mark Turok</a> and <a href="http://www.exeter1031.com/about_Lauren_Speidel_lp.aspx">Lauren Speidel</a> with The Exeter Group of Companies unravel the confusing mysteries surrounding investment real estate with the goal of helping real property investors make better informed investment decisions.</p><h4 style="text-align: justify;">Go Ahead, ASK! </h4><p style="text-align: justify;">Listeners are encouraged to email real estate related questions, issues or request specific real estate related topics to be addressed by the hosts to <a href="mailto:ask@exeterco.com">ask@exeterco.com</a>. Questions will be addressed on the next scheduled Go Ahead, ASK! podcast. Topics will be scheduled as soon as possible.</p><h4 style="text-align: justify;">Upcoming Real Estate Topics </h4><p></p><ul style="text-align: left;"><li style="text-align: justify;">Unraveling the Mystery of 1031 Exchanges - Part I </li><li style="text-align: justify;">Unraveling the Mystery of 1031 Exchanges - Part II</li><li style="text-align: justify;">Exit Strategies for Highly Appreciated Real Property </li><li style="text-align: justify;">Net Lease Properties (Triple Net Lease Properties) </li><li style="text-align: justify;">2-4 Unit Rental Properties </li><li style="text-align: justify;">Qualified Opportunity Zone Investment Funds (QOZ) </li><li style="text-align: justify;">Delaware Statutory Trusts (DSTs) </li><li style="text-align: justify;">Real estate tax issues </li><li style="text-align: justify;">Seller Carry Back Notes (Installment Sales)</li></ul><h4 style="text-align: justify;">Guest Experts </h4><div style="text-align: justify;">Individuals who have special or in depth expertise in special areas of investment real estate are invited to <a href="mailto:ask@exeterco.com">contact us</a> to appear on the Go Ahead, ASK! Podcast. </div><div style="text-align: justify;"><br /></div><p></p><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-33142176828666734662020-04-10T18:00:00.001-07:002020-12-30T11:28:40.579-08:00IRS Grants Extension of 1031 Exchange 45 and 180 Day Due Dates<div style="text-align: justify;"><b><span style="color: black; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">45 and 180 Calendar Day Deadlines
Extended Due to Coronavirus (COVID-19) <span style="mso-spacerun: yes;"> </span></span></b></div>
<div class="MsoNormal" style="background: white;"><div style="text-align: justify;"><span style="font-weight: 700;"><br /></span></div>
<span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";"><div style="text-align: justify;"><span style="font-size: 10pt;">The
U.S. Treasury (Internal Revenue Service) issued </span><a href="http://www.exeter1031.com/news_irs_grants_extension_for_1031_Exchange_Deadlines_COVID_19.aspx" style="font-size: 10pt;">Notice 2020-23</a><span style="font-size: 10pt;"> late Thursday
evening, April 9, 2020, granting relief to investors that are in the middle of
a 1031 Exchange transaction.</span><span style="font-size: 10pt; mso-spacerun: yes;"> </span></div><o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">This Notice <u>is very different</u>
from the typical disaster declaration and extensions granted in the past and is
somewhat confusing based upon the way it was drafted. <div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-aJpEflocBfk/X-zTtYwPf5I/AAAAAAAAAzk/S3b_w5xBiRcJ5YTZvNlpza8EWYqtbnz5wCPcBGAYYCw/s386/Tax%2BWord%2Bon%2BTop%2Bof%2BMan.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="295" data-original-width="386" height="153" src="https://1.bp.blogspot.com/-aJpEflocBfk/X-zTtYwPf5I/AAAAAAAAAzk/S3b_w5xBiRcJ5YTZvNlpza8EWYqtbnz5wCPcBGAYYCw/w200-h153/Tax%2BWord%2Bon%2BTop%2Bof%2BMan.jpg" width="200" /></a></div><div class="MsoNormal" style="background: white; text-align: justify;"><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";"><br /></span></div>Historically, the President
would declare a Natural Disaster for a specific geographic area and a date
specific event and the U.S. Treasury (Internal Revenue Service) would then
issue a Disaster Relief Notice providing a 120-calendar day extension to the 45-
and 180-calendar day deadlines.<span style="mso-spacerun: yes;"> </span>This
approach was <u>not</u> used this time. <o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<b><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">IRS Notice 2020-23 <o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Notice 2020-23, which revises
Notice 2020-18,</span><span style="color: black; font-size: 10pt; mso-color-alt: windowtext;"> </span><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">2020-15
IRB 590 (April 6, 2020), and Notice 2020-20, 2020-16 IRB 660 (April 13, 2020), does
not specifically address Section 17 contained within Revenue Procedure 2018-58,
so it would initially appear that the 120-calendar day extension is not
applicable to the current situation.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<b><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Affected Taxpayer (Investor) <o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">The Notice provides that any
person performing a time-sensitive action listed in either Section
301.7508A-1(c)(1)(iv) – (vi) of the Procedure and Administration Regulations or
Revenue Procedure 2018-58, 2018-50 IRB 990 (December 10, 2018), which is due to
be performed on or after April 1, 2020, and on or before July 15, 2020
(Specified Time-Sensitive Action), is an Affected Taxpayer.<span style="mso-spacerun: yes;"> </span><o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<b><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Deadline Extension <o:p></o:p></span></b></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Therefore, the guidance provided
within Notice 2020-23 applies to investors that have a 45-calendar day
identification deadline or a 180-calendar day exchange deadline that falls on
or after April 1st, 2020 and on or before July 15th, 2020. The applicable
deadline that falls within those timelines is extended to July 15th, 2020.<o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="background: white; text-align: justify;">
<span style="color: black; mso-color-alt: windowtext;"><a href="http://www.exeter1031.com/"><span style="color: maroon; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Exeter 1031 Exchange
Services, LLC</span></a></span><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";"> will continue to monitor the current situation and communicate
any new guidance from the U.S. Treasury (Internal Revenue Service).<span style="mso-spacerun: yes;"> </span>Check the </span><span style="color: black; mso-color-alt: windowtext;"><a href="http://www.exeter1031.com/AE_Wire.aspx"><span style="color: maroon; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";">Exeter News Wire</span></a></span><span style="color: black; font-size: 10pt; mso-bidi-font-family: Calibri; mso-bidi-theme-font: minor-latin; mso-fareast-font-family: "Times New Roman";"> for the most recent
information and updates.</span></div>
<div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-43412917742181596922020-01-27T12:28:00.001-08:002020-01-27T12:28:34.725-08:00Lauren Speidel Promoted to Regional Manager for Exeter 1031 Exchange<div class="content" style="line-height: 18px;">
<strong>January 25, 2020</strong>--Chicago, Illinois--Exeter 1031 Exchange Services, LLC
announced the promotion of <a class="embedlink" href="http://www.exeter1031.com/about_Lauren_Speidel.aspx">Lauren Speidel</a> to the position of Regional
Manager for the company's Midwest Regional Office located in Chicago, Illinois.
</div>
<div class="content" style="line-height: 18px;">
<br /></div>
<div class="content" style="line-height: 18px;">
Ms. Speidel will
continue to be responsible for the expansion of the company's <a class="embedlink" href="http://www.exeter1031.com/ContactUs.aspx">Midwest Regional Office</a>, based in Chicago, Illinois.
She is responsible for sales, marketing, and client relationship management for
the Midwest Region including, but not limited to, Chicago, Illinois, Wisconsin,
Minnesota, Michigan, Ohio, Indiana, Iowa, and Missouri. </div>
<div class="content" style="line-height: 18px;">
<br /></div>
<div class="content" style="line-height: 18px;">
Read the full <a class="embedlink" href="http://www.exeter1031.com/about_Lauren_Speidel_lp.aspx">press release here. </a></div>
<div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-52193270201954632152020-01-12T19:27:00.000-08:002020-01-12T19:27:36.382-08:00California Revises Real Estate Withholding Statement (CA FTB Form 593) <br />
<div class="MsoNormal">
The California Franchise Tax Board (“FTB”) announced changes to real estate withholding forms on November 5, 2019. The California FTB consolidated California FTB Forms 593, 593-C, 593-E, and 593-I into one California FTB Form 593 to eliminate confusion among taxpayers and their tax advisors. However, they have actually created more confusion and more paperwork for all parties involved. </div>
<h4>
FTB Form Now Required for Every Sale of Real Estate</h4>
<div class="MsoNormal">
Beginning January 1, 2020, the new California FTB Form 593, Real Estate Withholding Statement, must be completed and signed during the each and every closing or escrow process. The California FTB Form 593 should be submitted to the California FTB whenever a sale of real property occurs no later than the 20th day of the month following the month in which the real estate sale closed. In the past, the California Form 593 was submitted to the California FTB if, and only if, there was actual withholding required. The new form must now be submitted to the California FTB on every real estate sale transaction regardless of whether there is withholding required or not.<br />
<br />
California FTB withholding is required when California real estate is sold or transferred unless the seller qualifies for certain withholding exceptions. The real estate escrow person (“REEP”) is anyone involved in closing the real estate transaction which includes any attorney, escrow company, title company, QI, or anyone else who receives and disburses payment for the sale of California real property. The REEP is required to notify buyers of California FTB withholding requirements, unless the buyer is a Qualified Intermediary (“QI”) in a tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code. The amount withheld from the seller or transferor is sent to the California FTB as required by R&TC Section 18662. </div>
<h4>
Exemptions to Withholding </h4>
<div class="MsoNormal">
There are certain withholding exemptions such as Sections 121 (tax free exclusion on the sale of a primary residence), 721 (tax free contribution to a partnership), 1031 (tax-deferred exchange of investment property), 1033 (tax-deferred exchange due to a natural disaster or eminent domain action) of the Internal Revenue Code as well as others. </div>
<h4>
Buyers Now Responsible for Withholding on Installment Notes </h4>
<div class="MsoNormal">
The REEP reports the sale or transfer as an installment sale if there will be at least one payment made after the tax year of the sale. The withholding is 3 1/3% (.0333) of the down payment during escrow. Buyers/Transferees are required to withhold on the principal portion of all payments made following the close of the real estate transaction. </div>
<div>
<br /></div>
<div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-20313733635703919382019-12-25T23:45:00.004-08:002019-12-25T23:45:29.296-08:00Happy Holidays From Exeter 1031 Exchange Services, LLC <div class="separator" style="clear: both; text-align: center;">
<a href="https://1.bp.blogspot.com/-ZG-aLYvHZcc/XgRk8HWlUaI/AAAAAAAAArU/eyt79ezApfc1wnBqQZ8Sx4jsE8CRo4gOwCLcBGAsYHQ/s1600/Happy%2BHolidays.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="872" data-original-width="1065" height="524" src="https://1.bp.blogspot.com/-ZG-aLYvHZcc/XgRk8HWlUaI/AAAAAAAAArU/eyt79ezApfc1wnBqQZ8Sx4jsE8CRo4gOwCLcBGAsYHQ/s640/Happy%2BHolidays.png" width="640" /></a></div>
<br /><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0tag:blogger.com,1999:blog-37049941.post-18260309641809636582019-11-18T21:51:00.000-08:002019-11-18T21:51:19.220-08:00Tax Planning When A Tax Deferred Exchange Fails at Year-End<br />
<div class="MsoNormal">
What happens when you start a Tax Deferred Exchange transaction, but you are unable
to acquire any of the replacement properties that you identified within the prescribed Tax Deferred Exchange deadlines? The bad news is your Tax Deferred Exchange is now
taxable. The good news is your Tax Deferred Exchange may not be <u>immediately</u> taxable.</div>
<div class="MsoNormal">
<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
It is possible to defer all or some of your taxable gain into
the following income tax year even with a failed Tax Deferred Exchange transaction.<span style="mso-spacerun: yes;"> </span>It will, of course, depend upon the individual facts and
circumstances in your specific Tax Deferred Exchange transaction.<span style="mso-spacerun: yes;"> </span>It is
critical that you consult with your Tax Deferred Exchange Qualified Intermediary and your income tax advisor
when your Tax Deferred Exchange transactions appears to be headed for failure. </div>
<h4>
Partial Tax Deferred Exchange</h4>
<div class="MsoNormal">
For example, if multiple identified replacement properties are part of the same Tax Deferred Exchange but not all of the replacement properties will or can be acquired, it can result in a partial Tax Deferred Exchange. <span style="mso-spacerun: yes;"> </span>Partial Tax Deferred Exchanges can mean that you have traded down in value or have exchange proceeds that were not use and are left over from the sale of your relinquished property. <span style="mso-spacerun: yes;"> </span>Partial Tax Deferred Exchange transactions can still defer part of your taxable gain in certain circumstances. </div>
<h4>
Installment Sale Treatment Under Section 453 </h4>
<div class="MsoNormal">
Section Numbers 1031 and 453 of the Internal Revenue Code ("Code") work in
conjunction with each other and can provide significant benefits even when a Tax Deferred Exchange fails.<span style="mso-spacerun: yes;"> </span>You may be
able to defer all or part of your taxable gain from a failed or partial Tax Deferred Exchange into the
following tax year rather than the current tax year under Section 453
(Installment Sale Code). <span style="mso-spacerun: yes;"> </span>It will depend on
whether your Tax Deferred Exchange Agreement includes language prohibiting your right
to access your Tax Deferred Exchange funds until the following income tax year.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
For example, if you dispose of your relinquished property as
part of a Tax Deferred Exchange and the relinquished property sale closes on December
1st of a specific taxable year, the 45th calendar day identification deadline and the
180th calendar day exchange period both land in the following income tax year. <o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
If you did not identify any replacement property(ies) within
the 45 calendar day identification period your taxable gain will be recognized
in the following tax year because you did not have the legal right to access
your Tax Deferred Exchange funds until the 46th calendar day, which would be in the
following income tax year.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
Likewise, if you did not acquire some or all of your
identified replacement property(ies) during the 180 calendar day exchange
period your taxable gain would be recognized in the following tax year because
you did not have the right to access your Tax Deferred Exchange funds until after the
180th calendar day deadline has passed, which is also in the following income tax
year.<o:p></o:p></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
You can also elect — at your sole discretion — to recognize
and report the taxable gain in the current tax year in which the relinquished
property sold instead of deferring it into the next tax year should you chose
to do so.<span style="mso-spacerun: yes;"> </span><o:p></o:p></div>
<br /><div class="blogger-post-footer">Copyright 2006-2010 by William L. Exeter. All Rights Reserved. (866) 393-8377</div>William L. Exeterhttp://www.blogger.com/profile/13069807358623210684noreply@blogger.com0