The Biden administration’s proposed tax plan paints a rosy picture of increased government revenue to fund key administration objectives, most notably an infrastructure deal. The current iteration of ...
Investing in real estate can be a highly profitable enterprise. Unfortunately, real estate investors know that it comes with the same cost as most other forms of investment: taxes. Fortunately, unless ...
Q. I am selling my investment property in Ocean City, N.J. for $1.2 million. I’m using a 1031 exchange. What taxes are due? — Trying to save A. There are often tax consequences when you sell a ...
One of the most attractive real estate tax benefits available in the U.S. is the like-kind exchange, which is governed by Section 1031 of the Internal Revenue Code. About one-third of all commercial ...