Top of Form This 1031 exchange checklist is intended to provide a brief overview of the steps involved in an IRC Section 1031 tax-deferred exchange and when Asset Preservation, Inc. (API) should be contacted throughout the process. This checklist does not address all issues involved in an exchange. Please read all of the exchange documentsContinue reading “1031 Exchange Checklist”
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ACCOUNTANTS, ATTORNEYS, AND FINANCIAL ADVISORS BEWARE
Dowdall selected Atlantic Exchange Company, LLC (AEC) to act as QI. During the course of the exchange, the taxpayer’s proceeds were stolen by AEC and Edward Okun, AEC’s sole member. The taxpayer’s loss was over $604,000. The taxpayer argued that his loss was caused by Dowdall’s legal malpractice, including: Failure to properly investigate AEC beforeContinue reading “ACCOUNTANTS, ATTORNEYS, AND FINANCIAL ADVISORS BEWARE”
How to Do a 1031 Exchange
To understand the powerful protection a 1031 exchange offers, consider the following example: Assume an investor has $400,000 in gain and also $400,000 in net proceeds after closing. Assuming an investor with a $400,000 capital gain and incurs a tax liability of approximately $140,000 in combined taxes (depreciation recapture, federal capital gain tax, state capital gain tax,Continue reading “How to Do a 1031 Exchange”
Categories of Real Estate
If you’re intent on developing, acquiring, or owning, or flipping real estate, you can better come to an understanding of the peculiarities of what you’re facing by dividing the real estate into several categories. Residential Residential structures are properties such as houses, apartment buildings, townhouses, and vacation houses where a person or family pays youContinue reading “Categories of Real Estate”
Tips for Forming and How to Join Investment Club, Dallas
Not all Investment Club, Dallas will have the same structure but here are some general guidelines for forming and joining an Investment Club, Dallas: Investment Club, Dallas will usually form a legal entity, such as a partnership or Limited Liability Company (LLC). This way, the members can be considered joint owners of the entity andContinue reading “Tips for Forming and How to Join Investment Club, Dallas”
Tips for Joining an Investment Club, Dallas
1.Think long-term Don’t buy stocks through an Investment Club, Dallas if your time horizon is a year or less. Trying to make money over a shorter period of time is a bad approach, not only for beginner investors but also clubs. A short time horizon makes it difficult to manage the club’s money because, for short-term outlooks, decisionsContinue reading “Tips for Joining an Investment Club, Dallas”
The pros and cons of investing in real estate, Dallas
Real estate, Dallas has long been a popular investment vehicle for medical professionals—from single practitioners to large practice groups. These investments often have been motivated by tax savings, as well as by cash flow and asset appreciation. 1. Capital intensive Compared with leasing the space you need for your medical practice, buying real estate, Dallas is alwaysContinue reading “The pros and cons of investing in real estate, Dallas”
Top Ways To Invest In Healthcare Real Estate
Summary Healthcare real estate is one of the smartest investments on the market. Crowd-funding, REITs, Private Equity Funds, and ETFs are all great options for healthcare investment. Demographics show investments emphasizing senior housing may offer a more consistent outlook. Investing in healthcare real estate is one of the smartest moves investors can make today. ThatContinue reading “Top Ways To Invest In Healthcare Real Estate”
Leg Pain Symptoms and Descriptions
Not all leg pain derived from low back problems presents the same way. Some typical descriptions of leg pain and accompanying symptoms include: Burning pain. Some leg pain is experienced as a searing pain that at times radiates from the low back or buttocks down the leg, or it may present as intermittent pain thatContinue reading “Leg Pain Symptoms and Descriptions”
Facet Joint Syndrome / Arthritis
Overview Facet joint syndrome is an arthritis-like condition of the spine that can be a significant source of back and neck pain. Medication, physical therapy, joint injections, nerve blocks, and nerve ablations may be used to manage symptoms. Chronic symptoms may require surgery to fuse the joint. Anatomy of the facet joints The spine isContinue reading “Facet Joint Syndrome / Arthritis”