Matt's 1031-derful Blog

I have to admit that I am jumping on the bio-diesel eco-wagon much later than most. My wife and I have taken steps around the house to make sure that we are doing our part in saving what we can. We have changed our light bulbs, filter our own water instead of buying bottled, decreased our water u...

Is there a downturn in our real estate market?  Okay, next question.  So, how do we continue to prosper in these times...only by adapting to new ideas that help our customers buy and sell in a market which is less than ideal. I have no cure-all nor am I selling Colonel Harvey's Elixer (For you An...

This is a question that I am asked quite often.  And like most questions I receive, I will ask the client a few questions: #1.  How do you own the slip? I have a great interest in how they own it.  Do they have a lease for a determined period of time or do they own it fee simple? This is also goi...

TIRED, but feeling great.  It is always an experience for me to discuss 1031 like kind exchanges with so many Realtors with different personalities, varying knowledge levels and backgrounds.  Though I do talk with many Realtors able to discuss the finer points of the 1031 exchange, the common res...

I am a people person... I love to work with the public... My highest aim is to serve my client... I will make myself available at all times... I am happiest when I am helping others find their perfect home... I am sure the above statement would describe most of us to a tee.  When we are in sales ...

I have posted a few blogs that cover several topics on 1031 Like-Kind Exchanges.  I hope they have provided help and up to date information to those kind enough to stop by and read.  I truly believe that I could write several blogs a day on exchanges and never get across all the information that ...

I had written an earlier blog on the proposed 1031 Like Kind exchange affects of the new Farm Bill currently under consideration.  There were two issues that I discussed specifically, one was the change to make the exchange of collectibles no longer qualify for tax deferment.  The other, a change...

It seems with our recent mortgage issues helping to further apply the breaks on our real estate market, seller financing is a tool many are using to "help" their buyer.  Many who thought they would never want to get involved with seller financing are finding it almost necessary to accomplish thei...

This is a question that I am asked quite often.  And like most questions I receive, I will ask the client a few questions:#1.  How do you own the slip? I have a great interest in how they own it.  Do they have a lease for a determined period of time or do they own it fee simple? This is also goin...

No matter how educated we are...No matter how much pressure we may feel from a client to give an answer...No matter how easy the question seems at the time...We need to default to a profession tax adviser!And, guess what...it is okay!  Every day I deal with very tax-heavy transactions as a Qualif...