Can a Title Company Be a Qualified Intermediary?
The potential benefits of employing a 1031 exchange in your investment strategy are attractive. However, as with many appealing tools, investors should be careful and precise in using this one. Since structuring a real estate transaction using the exchange offers the opportunity to defer capital gains taxes, the IRS requires that taxpayers follow the rules precisely.
What Investors Should Know About The Student Housing Market
When COVID-19 lockdowns sent college students home in 2020, many feared the pandemic would establish online learning as the new norm and significantly weaken the student housing industry. However, recent reports indicate quite the opposite. Not only is student housing recovering from its pre-pandemic drift, but many schools, particularly Power Five conference universities, continue to trend upward with year-over-year increases in pre-leasing and occupancies.
Can the Time Period of a 1031 Like-Kind Exchange Be Extended?
A 1031 exchange is a tool that investors can use to defer the payment of capital gains taxes when they sell an investment property and reinvest in another. Because of that benefit, the rules governing 1031 exchanges are strict. For example, the IRS imposes tight timelines for completing the transactions.
How Much Does a Conservation Easement Reduce Property Values?
There are many reasons why landowners may want to place some or all of their land holdings in conservation easements.
Can You Buy Someone Else's Opportunity Zone Share?
Buying into Qualified Opportunity Zones (QOZs) requires a somewhat hefty initial investment, often in the five- or six-figure dollar range and can range from $25,000 to $100,000 or more. Some Qualified Opportunity Funds (QOFs) can require a minimum investment of $250,000. Furthermore, only capital gains can be used for this type of investment.
What is Raw Land and Why Do People Buy It?
Raw land is vacant, unimproved land. Typically, people might buy raw land to use it personally or pursue income. As with many real estate assets, raw land may increase in value (or may not), and the potential for profit is a frequent motivation for buying. Typically, raw land has no improvements, lacking utilities and buildings.
Do You Pay Capital Gains On Restricted Stock Units (RSUS)?
As an employee, you might receive various forms of compensation. These likely include wages or salaries, various forms of insurance, bonuses, paid time off, and pension plans.
What is a Trust Fund and How Does it Work?
The phrase "trust fund" invokes a vision of wealth, privilege, and even tax avoidance. However, there are many types of trusts, and they have varied purposes. Indeed, many intend to support the perpetuation of wealth and seek to manage taxes for both the grantor and the beneficiary. The grantor is the individual who establishes the trust, the trustee is the neutral third party responsible for managing and distributing the assets according to the grantor’s instructions, and the beneficiary is the recipient. In some cases, the trustee may also be a beneficiary.
Is Capital Gains Tax the Same as Inheritance Tax?
It seems as though just about everything in the United States is subject to some sort of tax. As an American citizen, you’re taxed on wages and earnings, the purchase of goods and services, and property ownership.
How To Manage A Rental Property Remotely
Marketing, finding tenants, signing the lease, maintenance, unexpected repairs, the list of tasks that go into managing a rental property is extensive. So, how can you manage a rental property remotely if you don’t live locally?
