The California Franchise Tax Board ("FTB") has ruled that certain types of installment sale transactions that have been "structured" or "drafted" pursuant to Section 453 of the Internal Revenue Code ("Code") and have been promoted and used to "save" failed 1031 Exchange transactions will not qualify for tax-deferred treatment in California when used in this manner.California FTB is Aware of Certain Installment ArrangementsThe FTB is aware of certain arrangements in which a 1031 Exchange investor and/or Qualified Intermediary attempt to convert proceeds from the sale of the investor's relinquished property that is part of a failed 1031 Exchange, or any unused proceeds from a partial 1031 Exchange, into an installment arrangement such as an installment note or other similar arrangement in which payments are to be paid out over two or more years.It was made clear by the FTB that these arrangements do not qualify for a deferral of gain recognition under Sections 453 or 1031 of the Code since, among other reasons, these sections and the federal doctrine of constructive receipt do not support such a deferral of gain recognition.These tax-deferred installment sale transaction structures have been promoted under various names over the years, including Private Annuity Trusts, Deferred Sales Trusts, Monetized Installment Sales, Self-Directed Installment Notes, among others.Qualified Intermediaries Put On Notice1031 Exchange Qualified Intermediaries must withhold and remit certain amounts to the California FTB when a 1031 Exchange either fully or partially fails.

Consider the specific topics covered, accreditation, and any industry recognition associated with each program.Starting as soon as possible is a great mindset!

When I near retirement though, it may make sense to use seller financing as a way of deferring gains recognition.

If it works, review it carefully since the character recognition isn't perfect, especially if the source PDF is angled/tilted or a poor quality copy.

His massive-volume Remax team and name recognition literally everywhere in town it seems intimidated the crap out of me, so I wasn't about to pitch him on the exp Kool Aid.

By leveraging their expertise in thorough tenant screening, meticulous document verification, astute pattern recognition, and comprehensive legal support, property managers play a crucial and indispensable role in maintaining the integrity of rental agreements and safeguarding landlords from the potentially costly and disruptive consequences of tenant fraud.

The individual companies may declare that their loans are non-direct recognition or direct recognition.

I suggested he buys some tax deductible speech recognition software, and as he makes his notes thru the course of the day, he later dictates them into a gigantic word document, when he gets home and at the end of the year he sends it to me along with his tax information that he e-mails up.

Positives:Proven business model: HomeVestors has been in business for over 20 years and has a proven track record of success.Support and training: Franchisees receive ongoing training and support from the HomeVestors team, including access to a network of experienced franchisees.Brand recognition: HomeVestors has a strong brand recognition and reputation in the real estate industry.Turnkey solution: The franchise model provides franchisees with a turnkey solution, including a proven business plan, marketing materials, and operating systems.Negatives:Initial investment: Starting a HomeVestors franchise requires a significant initial investment, which may be prohibitive for some individuals.Royalty fees: Franchisees must pay ongoing royalty fees to HomeVestors, which can reduce their profitability.Limited control: Franchisees must operate their business within the guidelines set by HomeVestors, which can limit their flexibility and creativity.Competition: As the HomeVestors franchise network continues to grow, competition among franchisees for leads and properties may increase.Hope this helps.

It is the 2 of them and only one affiliate broker at the moment.I need some advise, would it be better to go with a big broker with set training and name recognition or small broker with direct hands on learning with the start-up broker?