Selling Appreciated Property
The Federal Tax Code provides a number of ways for taxpayers to dispose of, exchange, or sell appreciated property and receive tax benefits. Let’s briefly go over several of these ways.
Federally Declared Disaster Extension Information
Click the link below to determine if you may qualify for an extension.
https://www.irs.gov/newsroom/tax-relief-in-disaster-situations
Additional information here: https://apiexchange.com/disaster-relief/
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With interest rates much higher than a year ago, some real estate investors are uncertain if now is a good time to purchase additional investment property. Come join this webinar co-hosted by Scott Saunders, SVP of Asset Preservation, and Matt Bowles, President of Maverick Investor Group, to get Matt’s insights on why this buyer’s market is a good time for investors to be purchasing additional assets. Click on the link below to register for this webinar.
1031 Tax Preparation – IRS Form 8824
The identification period in an IRC Section 1031 exchange begins on the date the taxpayer transfers the relinquished property and ends at midnight on the 45th calendar day thereafter. To qualify for a 1031  exchange, the tax code requires identifying replacement property…
We Love Our Happy Customers
Job well done!! It was a pleasure working with you on the 1031 Exchange. You made it so easy and effortless. Thank you again for taking care of my clients and making it all come together. I appreciate it. I look forward to the next one.
– Peter, Colorado
These are the States Americans are Moving to
Florida saw the greatest net domestic migration gains in 2022, a new report from the National Association of Realtors shows. Texas, North Carolina, South Carolina, and Tennessee also saw population boosts.
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Asset Preservation would appreciate the opportunity to work with you
on your next 1031 exchange. Give us a call for a free consultation.