1031 exchanges
1. Definition:

* Tax Deferred Exchange 1031 IRS Code: Goes back to the 1920s.

* Applies to Business Use and Investment Properties

* Includes Rental, Land and Commercial Real Estate

* Provides Safe and Legal Procedure for rolling sales profits into new property as a nontaxable event.

* It is not a "swap"



2. History of 1031 IRS Code Exchanges: its Impact in Massachusetts is from the Federal Rules

3. Reasons Why Massachusetts Real Estate Investors Exchange

* Tax Advantages
* Disadvantages

4. Time to Execute an Exchange

5. List of Types of Massachusetts Real Estate that Can Qualify

6. Absolute Statutory Requirements to do a 1031 Exchange: 6 major concerns.

7. Massachusetts Properties that Do Not Qualify for Exchange

8. Identification Rules For an Exchange

* Option 1: The 3 Property Rule
* Option 2: The 200 Percent Rule
* Option 3: The 95 Percent Rule
* Option 4 The 45 Day Rule
* "Like Kind" Exchanges

9. Rules on Multiple Exchanges

10. Definition of "Reverse Exchanges"

11. "Delayed" Exchanges

12. Definition of "Boot"

13. Selecting an "Intermediary"

14. Exchange Fees

15. Massachusetts Professional Services that Assist in 1031 Exchanges

* Licensing Issues?
* Cost and Fees?
* Web Sites?
* Geographical Constraints?
* Lenders for 1031Exchanges?
- posted by Mark Pane @ 6:16 PM 0 comments