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Posts Tagged ‘1031’

RT @entrepreneurHI: Basics of …

Posted by cmy on September 12th, 2009

RT @entrepreneurHI: Basics of a 1031 exchange (good article) http://bit.ly/KfZYL

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Exchanging Real Estate

Posted by cmy on July 5th, 2009

Trying to Exchange property for property is no easy task, but in a downward trending market such as the current market we are in, it is another way to move your property.

There are many reasons to consider exchanging property.

1) Potential Tax benefits (check with your CPA or Tax Attorney)
2) Another alternative to a cash sale in tight credit market
3) move from non-income producing to income producing.
4) etc.

An Exchange is not for everybody as there are many considerations, but with a little research and discussions with your Real Estate Broker and CPA you should be able to figure out if exchanging your property is a good alternative to a cash sale.

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