by William Horan | Jan 1, 2008 | Regulations
By Ed Horan, Certified Exchange Specialist® Passive losses is not a topic that sets readers on fire. But if you have a rental property and your income is over one hundred thousand dollars, you should understand the treatment of suspended losses in a 1031 exchange. For...
by William Horan | Dec 8, 2007 | Regulations, Tax Reform
By: Ed Horan, Certified Exchange Specialist® I have written a number of articles pointing out that there is a great deal of disagreement within the exchange industry over the qualification of vacation and second homes for an IRC 1031 like-kind exchange. In an audit...
by William Horan | Jan 1, 2005 | Exchange Defined, Tax Impact
by Ed Horan, Certified Exchange Specialist® Recently I met a longtime friend who is a real estate broker specializing in residential investment property. He mentioned that a few of his investment clients were selling smaller rental properties and moving up to a larger...
by William Horan | Jan 1, 2005 | Depreciation
What is depreciation? Depreciation is an annual non-cash expense allowed by the IRS for the wear and tear on property used in business or the production of income. What factors determine how much depreciation I can deduct? For real estate the basis for the depreciable...
by William Horan | Jan 1, 2005 | Regulations, Reverse Exchange
By Ed Horan, Certified Exchange Specialist® For a number of years, real estate investors doing a 1031 tax-deferred exchange have wanted the option to purchase their replacement property before they had to sell their relinquished property. The IRS made this possible by...
