Bill McIntosh

Investors Should Know Tax Code 1031

By Bill McIntosh Reprinted from The Spectrum – Mesquite, NV “The 1031 Exchange has been cited as the most powerful wealth building tool still available to taxpayers,” says a recent Internet article. Even if this is an exaggeration, those involved or just interested in real estate investments should have a general knowledge of Section 1031 of […]

Continue Reading

Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses

The Section 1031 Like-Kind Exchange Coalition released an economic impact study today which concludes that repealing the like-kind exchange rules would slow economic growth, reduce GDP and hurt many U.S. small businesses. Download/View the Study WASHINGTON, DC, March 18, 2015 (GLOBE NEWSWIRE) — via PRWEB – The Section 1031 Like-Kind Exchange Coalition (“Coalition”) released an […]

Continue Reading
Goodwin_Daniel1

Why pro-growth tax reform must preserve like-kind exchanges

This article was written by Daniel L. Goodwin and posted to “The Hill” on February 24, 2015 Goodwin is chairman and CEO of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups. With our economic recovery finally accelerating, pro-growth tax reform offers the potential to […]

Continue Reading
Chris Hamilton

Tax Policy, IRC1031 and Politics – By Chris Hamilton

This article was reposted with permission by Chris Hamilton, Law offices of Young Wooldridge, LLP. Click here to contact.  PART 1 This post is the first part of a two-part post describing a vital tax provision, IRC 1031. Part 1 will outline its operation and perceived benefits, while Part 2 will present some of the more common arguments against […]

Continue Reading
Balance

When is Cash a Problem?

We are often asked if property can be exchanged and still provide some cash for other immediate needs?  The short answer is yes, however,  If you elect to take cash, it will be immediately subject to significant tax.   The very tax you are trying to avoid is triggered (up to the amount you touch) […]

Continue Reading
forest-canopy

The Intersection of 1031 and Conservation Easements

A recent client was contacted by a qualified land trust to acquire the development rights to his 500 acre tract of forest/meadow land. The property had long been identified by the conservation community as a key wildlife migration path to adjoining protected property.  Our client had been approached numerous times but resisted a sale that […]

Continue Reading