Archive | Section 1031 Basics

Christine Latulip Joins Edmund & Wheeler

Welcome Back Christine Latulip

 For Immediate Release – Franconia, NH Edmund & Wheeler, Inc. is pleased to welcome back Christine Latulip to our professional team.  Christine was VP of Section 1031 Exchange Services at Edmund & Wheeler from 2002-2009 and was instrumental in overseeing the growth of the company during her tenure.  Edmund & Wheeler, Inc. provides capital gains […]

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The Top 10 Reasons To Exchange

The top reason to conduct the sale of investment property as a Section 1031 Exchange is the dramatic opportunity for wealth building. Whether the property is owned by an individual, trust, LLC, S-corp or C- corp, utilizing untaxed dollars to acquire more significant investment property and generate greater cash flow from investment property is the […]

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Exchange for Fractional Ownership of Real Estate

The TIC Advantage

Preamble: There is little doubt that the Tenants-in-common industry is currently in a state of flux. During the “roaring 2000’s” TIC properties were flying off the shelf. Problem was that many of the properties were extremely overpriced, carried too much “sponsor baggage” and were leveraged to the hilt. The real estate investment class is doing […]

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The Power of Section 1031

What every real estate investor wants to know is “How can I make Section 1031 work for me? Isn’t that just for investors who have multimillion-dollar properties?” And, the best question of all; “I want to sell my property and I don’t want to manage real estate again, how can I have my cake and eat […]

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What is Like-Kind Property?

Myth Busted: “Like-kind” means ANY real property can be Exchanged for ANY real property. Don’t get caught with the assumption that land can’t be exchanged for an apartment building.  The term Like-Kind appears in the Internal Revenue Code (IRC) in connection with Section 1031 Tax Deferred Exchanges and also in connection with Section 1033, Involuntary […]

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Selling Your Home Office

This is an area that many people disregard only to be rudely awakened at tax time, well after their transaction is old and cold. Prior home office deductions including depreciation can return to create a tax obligation unless the business portion of the property is handled as a Section 1031 Exchange. Operating a home office […]

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