In times of tight margins, every purchase must have a purpose with ROI top of mind. As you optimize your equipment, crop inputs, farmland and business intellect for the year ahead, take the time to ...

Tax nerds may be able to spout off Internal Revenue Code Sections, but most people never get beyond 401(k). (That's right, your workplace retirement savings plan is named after a section of the tax ...

At its core, a 1031 exchange is designed to accomplish one simple goal: to avoid taxes. But owners turn to 1031 exchanges to carry out a variety of business strategies. A retail owner might use an ...

A 1031 exchange lets you swap investment properties tax-free, enhancing your investment funds. Only "like-kind" investment properties qualify for 1031 exchanges, not personal residences. Delayed 1031 ...

Investors are keen to the fact that real estate generates diverse investment benefits. At the same time, it requires oversight and hard work. Income is the first benefit that comes to mind, but ...

The First Flatiron at Boulder's Chautauqua Park was the site of a rescue of two University of Colorado students on Friday evening, When people hear the term “1031 Exchange,” they often perceive it as ...

I’m in the specialty tax business, and I get calls on a daily basis from CPAs and real estate owners who are concerned that the reallocation of tax basis to “personal property” as part of a cost ...

With a 20-year career working in cost segregation, fixed assets and depreciation laws, I’ve seen quite a bit. My team and I have helped clients large and small navigate tax cuts, tax increases, new ...

It has been a while since we did a post on Section 1031 exchanges. Tax Reform eliminated the ability for using a tax-deferred exchange on personal property. For farmers in states without an income tax ...

A 1031 exchange is a transaction sanctioned by the U.S. Internal Revenue Service that allows a seller to “swap” one “like-kind” investment property for another when buying one of equal or greater ...