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Critical Information if Closing a 1031 Exchange this Year
Important Information for Investors Beginning a 1031 Exchange From October 17 ā DecemberĀ 31, 2016 Do Not File Your 2016 Income Tax ReturnĀ Until Your Exchange Has Been Fully Completed The time frame a taxpayer has to [...]
Burdens and Benefits of Ownership
Burdens and Benefits of Ownerships It is important in an IRC Section 1031 exchange to understand when the transfer of ownership has passed from one party to another and to grasp the distinction between receiving [...]
New Increase in FIRPTA Withhold Rate
FIRPTA Withholding Rules On December 21, 2015, as part of the Protecting Americans for Tax Hikes of 2015 (the āPATH Actā), President Obama signed into law new provisions that resulted in significant changes to the [...]
Happy Holidays from Asset Preservation
Happy Holidays From API's President To all of our Clients and Associates, Greetings and Happy Holidays! It is with great pleasure and gratitude that I say Thank You for another wonderful year filled with comradery, [...]