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.
The Exeter Group continued Unraveling the Mystery of 1031 Exchanges during its forth Go Ahead, ASK Podcast - 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.
"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....
Posts
No comments:
Post a Comment