Amy Gustin's (amygustin) Blog

The 45th and 180th day deadlines in a 1031 are considered to the time sensitive activities by the IRS and are thus eligible for a 120 day extention, IF you are deemed to be an eligible tax payer.  SO - if you or a client currently has an ongoing 1031 Exchange in Honolulu County, California then y...

Housing Assistance Tax Act of 2008 Affects §1031 Exchange Strategies Amy Gustin, CES® and Vice President of 1031 Exchange Coordinators can be reached at amy@1031eci.com Investors or owners of second homes may have to change their strategic plans subsequent to President Bush signing the 2008 Housi...

Capital Gains tax rates vary over time just as our income tax rates vary year-to-year.  At the whim of Congress, our tax rates can increase and are oft times scheduled to increase.  With the Bush tax cuts on Capital Gains scheduled to sunset in 2009, returning our capital gains tax rates in 2010 ...

Benjamin Franklin insightfully stated, "In this world, nothing is certain but death and taxes."  Death is certainly an option we all must exercise someday; there is another alternative worth considering to get out of your capital gains tax.  Exercise the Move-in Option.  While some may argue that...