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The tax-free exchange loophole : how real investors can profit from the 1031 exchange /

Discover the Greatest Investment Tool of All Time!The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole--known as the 1031 Exchange--is one of the greatest tax loopholes in existence. This looph...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Cummings, Jack, 1940-
Format: Electronic eBook
Language:Inglés
Published: Hoboken, N.J. : John Wiley & Sons, ©2005.
Subjects:
Online Access:Texto completo
Table of Contents:
  • THE TAX-FREE EXCHANGE LOOPHOLE; CONTENTS; Introduction; Financial Independence Is Just around the Corner; There's Magic in Real Estate; Chapter 1: How to Use This Book to Maximize Your Real Estate Investment Profits; Pretax Investment Value; Boot Paid or Received; Tax Basis; Net Operating Income; Amortization; Balloon Mortgage; Estate Taxes; Planning and Zoning; Comfort Zone; Chapter 2: The Real Estate Insider's Bag of Loopholes; Easy Access to Information; Toxic Sources of Pollution; Finding the Owner of a Specific Property; Determining the Legal Description of the Property
  • Discovering the Sales History for the Entire NeighborhoodTax Appraisals; Size and Shape of a Property; Zoning; Allowed Use; Other Important Factors; Why the United States Is Such a Great Place for Real Estate Investments; Chapter 3: How to Put the IRS on Your Side for a Change; Introduction to IRC 1031; Like-Kind Properties; The 1031 Clock; Replacement Property; Benefits and Burdens; Assumption of Liabilities; Havers and Takers; How Tax Laws Are Interpreted; How You Can Become an Insider to Real Estate Exchanging; Rediscover the Oldest Game in Town
  • Barter and Exchange
  • Chapter 4: The Nitty Gritty of IRS Tax LoopholesParties to the Exchange; Starker Exchange; Reverse Exchange; Intent to Exchange; Eight Things That Can Hold Up a Closing; Safe Harbors; Why Not All Tax-Free Exchanges Are Free of Tax; Chapter 5: How a 1031 Exchange Will Put Money into Your Pocket; The Exchange Web; Slide Debt to Other Property; Legs; The Exchange Presentation; Offers to Exchange; Balance Exchange Equities; Use an Exchange as a Buyer's Tool; Use an Exchange as a Seller's Tool; Move Closer to the Desired Goal; Chapter 6: Advanced Elements of the Tax-Free Exchange
  • Date the 1031 Clock Should StartConstructive Receipt; FIRPTA; State Laws versus Federal Laws; Foreign Property; Effect of a 1031 Exchange on Your Tax Shelter; Compare a 1031 Exchange to a Sale; Chapter 7: How to Make a One-on-One Exchange; Value versus Marketability; Dual Values; Justifying Value; Tax Appraisal Value; Lender's Appraisal; Common Area Maintenance (CAM); The Five Steps to Making an Exchange; Where to Find Potential Exchanges; Chapter 8: How Real Estate Exchanges Work; Importance of Timely and Effective Due Diligence; Outside the Comfort Box; Greener Grass Syndrome
  • Expanding Your Horizons and Options with ExchangesEight Motivations of Exchanges; Enter the World of Barter; Chapter 9: Thirteen Creative Techniques Applied to Exchanges; Creative Financing; Tenant-in-Common Interests; Thirteen Creative Techniques for Exchanges; Chapter 10: Booby Traps That Await You in Exchanges; Your Investment Team; Real Estate Agents; Maps Galore; Important Elements You Must Double-Check Prior to Closing; It's Wonderful How Difficult It Really Is; Nine Booby Traps to Look Out For in Making Exchanges