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Protected: Real Estate Graduation Call 9-24-2009

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Graduate Call Notes: 1031 Exchanges

What is a 1031? “In general—No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held either for productive use in a trade or business or for investment.” -Involves selling investment real estate THAT HAS BEEN HELD FOR INVESTMENT and replacing it with other qualified real estate that will be held for investment. Take note that NO time frame is given […]

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Protected: Real Estate Graduate Call 9-10-09

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Protected: Real Estate Graduate Call 9-3-09

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