Section 1031 For Clients Summary

518 views

Published on

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
518
On SlideShare
0
From Embeds
0
Number of Embeds
13
Actions
Shares
0
Downloads
10
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Section 1031 For Clients Summary

  1. 1. ©1995-2008. Edmund & Wheeler, Inc. all rights reserved. The information contained in this presentation is for informational purposes only and does not constitute tax, legal or accounting advice.
  2. 2. Shhhhh. Don’t tell anyone. You are eligible for interest free loans from the US Government… … for as long as they’d like. … for as many times as they’d like.
  3. 3. What’s In It For You? <ul><li>Defer 100% of capital gains taxes including: </li></ul><ul><ul><li>Federal - 15% </li></ul></ul><ul><ul><li>State - 3% to 9% (Depending on State) </li></ul></ul><ul><ul><li>Depreciation Recapture - 24% </li></ul></ul><ul><li>Use the deferred gains to enhance your buying power </li></ul><ul><li>Swap ‘til you Drop – You can exchange over and over again </li></ul>
  4. 4. What’s In It For You? <ul><li>Exchange into passive real estate investments </li></ul><ul><ul><li>Tenants - in - Common </li></ul></ul><ul><ul><li>Oil & Gas </li></ul></ul><ul><li>Exchange into a security </li></ul><ul><ul><li>UPREITs </li></ul></ul><ul><li>Exchange into a guaranteed income </li></ul><ul><ul><li>Structured Sale </li></ul></ul><ul><li>Exchange into your dream home </li></ul><ul><ul><li>Follow the rules! </li></ul></ul>
  5. 5. Quickly! Section 1031
  6. 6. Section 1031 is used in less than 10% of the transactions that it should be!
  7. 7. Section 1031 is about Relocation and Reallocation of Assets without Paying Capital Gains!!!
  8. 8. Any Real Property Can Be Exchanged For Any Other Real Property!
  9. 9. Section 1031 can be used to dramatically increase the value of holdings by leveraging Uncle Sam’s money.
  10. 10. Nearly every tax paying entity qualifies for a Section 1031 Exchange!
  11. 11. Personal property can also be Exchanged. “ Like-kind” is literal!
  12. 12. There are replacement options available for Section 1031
  13. 13. Tenants-In-Common Management Free Real Estate Investments in Grade A Properties
  14. 14. UPREIT Exchange into a Real Estate Investment Trust (A Security)
  15. 15. Oil & Gas A timely alternative to owning real-estate with the same benefits and flexibility.
  16. 16. Structured Sales An annuity based “Paycheck” for failed exchanges and business transfers.
  17. 17. Does Your Situation Qualify? http://www.section1031.com/qualify/WhatQualifies.htm This tool can assist you in determining if your particular circumstances could benefit from Section 1031.
  18. 18. Also… <ul><li>Time limits of 45 and 180 days </li></ul><ul><li>Properties must be “Like-Kind” </li></ul><ul><li>Business or Investment Purpose </li></ul><ul><li>Relinquished and Replacement Properties held by same taxpayer </li></ul><ul><li>Exchanges can be done either forward or reverse </li></ul>
  19. 19. If you are considering an Exchange…. <ul><li>Contact a professional BEFORE closing on your property: </li></ul><ul><ul><li>Your Accountant </li></ul></ul><ul><ul><li>Your Attorney </li></ul></ul><ul><ul><li>Your Financial Advisor </li></ul></ul><ul><ul><li>A Qualified Intermediary </li></ul></ul><ul><li>Do your homework on Section 1031 </li></ul>

×