That's a great big huge chunk of tax mooney that could be collected.They may even go so far as to eliminate or reduce the 1031 exchange.

It will be in foreclosure in most cases as most investors find properties after the Notice Of Default (or other legal notices) have been filed.More or less the period after the borrower has started having problems with the payments but during the period when the loan can be re-instated.Not the most precise definition but close enough to how most people use it.

The Internal Revenue Service has finally issued guidance to help taxpayers understand when a vacation home or a second home may qualify for 1031 exchange treatment.Revenue Procedure 2008-16 The IRS issued Revenue Procedure 2008-16 http://www.exeter1031.com/1031_exchange_revenue_procedure_2008_16.aspx to help define when vacation property or second homes might be qualified use property and therefore qualify for tax-deferred exchange treatment under Section 1031 of the Internal Revenue Code.

A guest speaker from Vegas is covering 1031 Exchanges.

I'm currently selling one of my SFRs and attempting to 1031 exchange it into a 4 plex in Los Angeles.

Just like you buying low and selling high you will be be exchanging the cash for record level high priced assets.

I would love to connect if you are interested so we can chat more and exchange ideas. 

Specialty engineers tend to be more per hour than architect for their precise knowledge.

I am a 1031 exchange accommodator in San Diego and get to see quite a few of the transactions in San Diego county and am involved in a fair amount. 

Is there an option for a family trust to do an exchange in a “like” property without tax consequences?