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We can help you in the following critical areas: |
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Explain what constitutes an outright (all-cash) sale |
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Identify the tax consequences of an installment sale |
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Note disposition strategies that allow an investor to postpone the reporting of gain on a sale |
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Describe the concept of the exchange |
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List the advantages of tax-deferred exchanges |
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Explain the wording of IRC Section 1031 |
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Identify time frames for completing exchanges |
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Explain Starker's role in shaping the exchange rules |
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Identify specific guidelines regarding exchanges |
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Define the concept of the Reverse Starker |
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Identify the time frames used in a Reverse Starker |
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List the conditions needed for a transaction to qualify as a Reverse Starker |
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Determine when gain on sale needs to be recognized |
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Describe what qualifies as unlike property and list types of unlike property |
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Identify disposition alternatives given no cost recovery is remaining on a property |
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Explain how to transfer the equity from one property into another and avoid paying taxes on the transaction |
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Determine why you may want to dispose of their properties today to earn a higher return in another property |
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Recommend the best disposition alternative given your own specific needs |