by William Horan | Jan 1, 2008 | Regulations, Reporting, Vacation Homes
By Ed Horan, Certified Exchange Specialist® Vacation Property Conversions When they talk about conversion in the real estate industry it is usually the process of converting an apartment building into condominiums. In the exchange world a conversion means changing a...
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 | 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...