by evan | Mar 7, 2008 | Rockwall Texas Living Video Blog
The IRS has provided guidance regarding whether vacation homes qualify for a 1031 exchange, and not a moment too soon — vacation homes are becoming the trend in Texas among baby boomers. According to a new IRS ruling, the property must first be held by the taxpayer...
by evan | Mar 29, 2006 | Rockwall Texas Living Video Blog
The real estate climate for the utilization of Internal Revenue Code (IRC) 1031 exchange rules in tax planning has been very compelling. In most cases, real estate property investors have been faced with large taxable gains upon the sale of their properties. Many wish...