×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

The Tax-Free Exchange Loophole: How Real Estate Investors Can Profit from the 1031 Exchange
     

The Tax-Free Exchange Loophole: How Real Estate Investors Can Profit from the 1031 Exchange

by Jack Cummings
 

Discover the Greatest Investment Tool of All Time!

The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole—known as the 1031 Exchange—is one of the greatest tax loopholes in existence. This loophole allows a real estate investor to sell a property

Overview

Discover the Greatest Investment Tool of All Time!

The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole—known as the 1031 Exchange—is one of the greatest tax loopholes in existence. This loophole allows a real estate investor to sell a property without paying a penny in capital gains tax—as long as the investor reinvests his or her profits into another property. Not only is this a great way to invest without paying taxes, it's also a great way to grow real wealth over time. The rules can be confusing, but tax exchange works for every investor, big or small. This handy guide offers detailed, step-by-step advice on using the 1031 Exchange—and much more:

• How the capital gains tax works

• Other little-known real estate loopholes

• Creative real estate financing techniques

• Advanced elements of tax-free exchanges

• Terms and concepts you need to know

• Eight things that can hold up a closing

• Transferring debt to other properties

• How zoning laws affect your investments

• How tax-free exchanges affect your tax shelter

• Where to find potential exchanges

• Twelve creative techniques applied to exchanges

• Nine booby traps to watch out for in exchanges

Don't wait—use the 1031 Exchange to start building your fortune today!

Product Details

ISBN-13:
9780471695783
Publisher:
Wiley
Publication date:
03/25/2005
Pages:
304
Product dimensions:
6.36(w) x 9.18(h) x 1.11(d)

Meet the Author

JACK CUMMINGS is a partner in the Fort Lauderdale–based firm Cummings Realty, Inc., a consulting firm for real estate developers and marketing companies specializing in hotel, time-share, and large project marketing. He is widely published in the field of real estate investing, financing, and marketing, and is the author of the classic Real Estate Finance and Investment Manual.

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews