Book Description
The decline and instability of the financial market has led to a white-hot market in real estate. Millions of investors are moving their money from equities to real estate. As the rate of transactions increases sellers are discovering that there are some tax surprises associated with selling real estate. The two primary tax considerations are capital gains and recapture of depreciation. Between the two, Federal and State taxes can be as much as
one third of the profit on the sale of a property. Both individual investors and real estate professionals can discover legal methods for deferring or eliminating these taxes by reading this book. Selling Real Estate Without Paying Taxes is a non-technical, plain-English look at the various ways to avoid taxes when selling real estate. It explores both tax deferral and elimination methods, discusses the pros and cons of each, and gives examples of how each method works in everyday practice. This book will be a valuable tool for individuals and professionals so that they can make the most out of each real estate transaction.
Customer Reviews:
Excellent and to the point.......2005-09-30
This book answered all my tax and property questions quickly and precisely. It was well written and perfect for someone who is not a CPA or property specialist. Highly recommended.
Best real estate tax book. Period. .......2004-09-18
I have read a number of books about real estate tax planning, and this is by far the best. It is clear, to the point, and very readable. The author goes through the basics of how a capital gains basis is calculated, rules about stepping up basis, primary residence exclusion rules, etc. He then discusses various ways of deferring or eliminating capital gain consequences via 1031, installment sales, private annuity trusts, charitable remainder trusts and Roth IRAs. The chapter on private annuity trusts is one of the least known, yet most valuable strategies that exists. Buy this book!
Great Book!!.......2003-09-10
This book is very well written; logically organized and concise. The information is priceless! For the cost of this book you could be saving 30% of your capital gains money! That's what I call positive ROI. This book is a must have!
Great Book.......2003-08-24
Explains what you need to know in a simple easy to understand format. Highly recommended. Very satisfying read!
It's Usable and easy to understand........2003-08-18
I was extremely happy to find a "How To "book that got right to the point. It is obvious that the author has "Been There, Done That".
The technical explanations were clear and thorough.
There are alot of new (to me) and interesting approaches on how to structure transactions. Annuities,IRA's etc.
Easy read,a lot of useable content.
Customer Reviews:
Non Profits you need this book.......2007-05-24
Highly recommend reading this book. It has great real-life examples and useful tips. Very easy to read and follow. I love how it allows you to be creative and realistic at the same time.
Social Enterprise and Donor Partners for nonprofits.......2007-04-23
This guide to fundraising for non profits covers the newest strategy and grand writing plans that are needed in the future.
Good Book for Start-Up Non-Profits.......2007-04-10
I found this book VERY helpful. In fact, I was so fascinated with it, I couldn't put it down. It was like a good novel. I immediately changed some of my thank you letters and re-did my Corporate request for funding letter. I will continue to use it's suggestions. The book is well written and not full of 'filler info', but very solid recommendations that one can put to use right away.
A fundraising book for the small nonprofit, or one that is not well organized!.......2006-09-06
This is a great book for the small nonprofit that does not know much about fundraising. If it were for a more established nonprofit, then it would not have referred to major gifts as those starting at $500. I'm used to major gifts starting at $10,000 and going up well into the 6 figures.
This book explains how to do the following:
1. Work with individual donors
2. Plan special events
3. Solicit grants from foundations and corporations
4. Get media coverage (publicity)
5. Use the Internet to help in the fundraising process
6. Create print marketing materials like brochures, newsletters, and annual reports
All the above are important parts of a fundraising plan. One has to set goals, strategize how to attain the goals. Then attract individual donors and develop a rapport with those donors so they give more and more each year. Eventually those donors will become major donors, but that topic is best left for another book.
The book includes a good list of Web sites for prospect research. But the appendix materials didn't seem to be up to par.
All in all, this book provides grassroots strategies for struggling nonprofits. It is no-nonsense and well organized. I highly recommend it to anyone who wants to learn the basics about nonprofit fundraising. Topics beyond the scope of this book are planned giving, major gifts, capital campaigns, and endowments. But if you read this book and understand it, then you will be ready to learn about the other topics just mentioned. 5 stars!
Clear and Simple Explanations of What Works.......2005-06-01
There are a tremendous number of non-profits around. There are also a tremendous number of funding organizations. Your job as the fundraising manager (whatever your exact job title may be) is to put your particular non-profit together with one or more funding organizations to raise the money you need.
There is a basic set of fundraising skills and technologies that you can use to fund nearly any non-profit. Gone are the days (in most places) where you can put together some simply fund raising activity and gain enough money to get you through the year.
Here in one simple book is an excellent summary of all of the most modern techniques. It includes:
Developing a Plan that will include your goal, the assets you have to do fundraising, and a strategy to use these assets in the most profitable manner.
Attracting Individual Supporters, which means making your organization look wupport-worthy, understanding your supporters and attracting new ones.
Your best supporters are those that have given you money before. Here are the techniques to keep them giving.
These techniques and many more are discused here by an expert in the field. It should be required reading for anyone responsible for fund-raising in a worthy organization.
Book Description
Now, you can minimize your clients' tax liability and avoid legal pitfalls, as well as maximize returns on successful transactions and be prepared for all of the potential benefits, with "Structuring Venture Capital, Private Equity and Entrepreneurial Transactions, 2006 Edition."
Here at last is one-step-at-a-time, start-to-finish structural guidance for the following common business transactions: venture capital financing; new business start-ups; brains-and-money deals; growth-equity investments; leveraged and management buyouts; industry consolidations; troubled company workouts and reorganizations; going public; selling a business; forming a private equity fund.
Guided by Jack S. Levin's dynamic, transaction-by-transaction approach, you'll make the tax, legal, and economic structuring consequences of every deal benefit your client every time. In this extraordinary hands-on resource by the most sought-after authority in the field, you'll see exactly how to: distribute the tax burden in your client's favor; maximize returns on successful transactions; control future rights to exit a profitable investment...and turn every transaction into a winning venture!
Book Description
Globalization is not a new phenomenon, nor is it irreversible. In Globalization and History, Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914--the first great globalization boom, which anticipated the experience of the last fifty years.
The authors estimate the extent of globalization and its impact on the participating countries, and discuss the political reactions that it provoked. The book's originality lies in its application of the tools of open-economy economics to this critical historical period--differentiating it from most previous work, which has been based on closed-economy or single-sector models. The authors also keep a close eye on globalization debates of the 1990s, using history to inform the present and vice versa.
The book brings together research conducted by the authors over the past decade--work that has profoundly influenced how economic history is now written and that has found audiences in economics and history, as well as in the popular press.
Customer Reviews:
Good Data, Wrong Bias.......2000-04-03
I would agree that this is a very good book in terms of presenting what happened in the 19th century Atlantic economy. I do have one critical observation. The authors blame the collapse of globalization on the lobbying of particular industries; thus setting up the argument that general gains from trade were lost to special interests. This is in accord with their belief that globalization is a good thing. As an economist working on these issues for many years, with experience in government as well as academics and the private sector, I have to disagree. Clearly, governments need to rally constituents to support policies. Yet, from our own Alexander Hamilton to Germany's Otto von Bismarck, and a host of others, states had a strategic vision of what was in the national interest for which they sought support. This is the origin of the "iron and wheat" alliances that O'Rourke and Williamson credit with undoing "free trade" on the continent. This was a strategy of national economic development and strategic independence under which the major powers were able to successfully increase their economic growth rates. For evidence of this I would recommend Paul Bairoch's book Economics and World History (Univ. of Chicago, 1993). As the great economic thinker Joseph Schumpeter observed "the consistent support given by the American people to protectionist policies...is accounted for not by any love for or domination by big business, but by a fervant wish to build and keep a world of their own and to be rid of all the vicissitudes of the rest of the world." This is true of most people, most places---which is why the current fad of globalization will not last either.
Economic History Made Delightful.......2000-01-24
This book is not an easy read. Especially if you are not interested in economics and lack basic economics terminologies, you'll certainly have difficulties appreciating this book the way it should be. It is, however, an tremendously insightful story of the evolution and devolution of globalizm in the world in the late 19th century and early 20th century. It, in rigorous details, shows how an earlier period of globalization in the late 19th century was self-destructed by the very same forces that established it as a significant force in the global economic system. It reflects how easy it is to lose the benefits of economic globalism which we today often take for granted.
Interesting history 19th cent. Atlantic globalization.......2000-01-12
I am an economist working on globalization issues, interested in history and economic history. I found this book an excellent study that puts globalization discussion in historical (19th century) context, a period of large international capital flows and even larger human capital flows. Th study uses data on these mass movements in production factors to empirically test/uses the standard international trade Heckscher Olin model on income and factor price distribution in trade. It shows that these mass movements had indeed measurable effects on income distribution following some of the model predictions. Problems of globalization in economic terms are indeed linked to the income effects of several groups in the economy following the opening up to increasing trade, investment and migration flows. All too often these discussions are marred by lack of data and lack of historical awareness, and i found this study filling a real gap. It surely will be contested but i found the analysis interesting and well-written. Recommended!
Product Description
If you buy or sell stocks, mutual funds or options, you need to handle your taxes like a pro. This book makes it easy to understand the rules, and the best strategies for minimizing taxes. It starts with the basics but goes on to provide a plain language explanation of rules for short sales and other advanced techniques, and covers the special rules that apply to traders. This edition covers legislative changes through 2006 and other important developments.
Customer Reviews:
good book, but needs further improvement.......2002-06-05
It is very clear and accurate in explaining the rules. It is not vey clear in certain chapters like Alternative Minimum Tax, or quantifying, even approximately, who can pass the trading activity test.
It would have been very useful to give a definition of each rule, in a few lines, so the reader does not have to go back and read an entire chapter just to refresh his/her memory about a rule.
Great Book for Learning About the Taxation of Investments.......2001-07-13
In clear and simple language, "Capital Gains, Minimal Taxes" explains most investment-tax-related topics investors need to understand, ranging from calculating your basis on stocks and mutual funds to maximizing the allowed tax deduction for a capital loss.
Because taxes consume a substantial chunk of ordinary income, many knowledgeable investors wish to maximize their investment in things which are taxed at the more favorable capital gain tax rates (currently 10% for investors within the 15% income tax bracket and 20% for investors whose entire income falls above the 15% income tax bracket).
Thomas begins by working several examples to show investors how to calculate their tax burden given their tax bracket and the amount of their short-term and long-term capital gains and losses from stocks and mutual funds. Thomas devotes a chapter each to the special rules which apply to the taxation of individual stocks and mutual funds.
Thomas shows that, sometimes, we can lower the capital gains tax paid by identifying the specific shares of individual stock being sold. For example, suppose we buy 100 shares in Company XYZ at $10 per share on July 1, 1999. We buy 100 more shares of XYZ at $20 per share on July 9, 2000. We then sell 100 shares of XYZ on July 19, 2001 for $30 per share.
Unless we specified otherwise at the time of the sale, Thomas tells us that from a tax standpoint the shares sold will be treated on the first-in-first-out basis (FIFO). We will be taxed on a net long-term capital gain of $20 per share. However, had we identified the shares sold as those purchased on July 9, 2000, we would be taxed on only a net capital gain of $10 per share. Thomas explains the two things that must happen to ensure that the identification of shares will be deemed valid by the IRS.
Calculating your adjusted basis in a stock or mutual fund and properly determining your holding period is covered in detail with numerous examples. He also explains how mutual fund dividends and capital gain distributions are taxed.
Thomas gives us his opinion of the Alternative Minimum Tax (AMT). Thomas writes: "The basic idea behind the alternative minimum tax is a good one: people with very high levels of income shouldn't be able to completely avoid paying income tax while the rest of us pony up each year. The AMT is a poor reflection of that idea, however. Many high-income individuals escape its reach-and every year it ensnares more and more people who were never intended to be affected."
Employees who had massive gains followed by equally massive losses on their employee stock options are one example of people who would have benefited by knowing the tax laws better. As you've probably read in the news, some individuals have gone from being wealthy to not having enough total wealth to pay their current tax liability, compliments of the AMT not playing nicely with employee stock options.
While Thomas briefly touches upon the topic of employee stock options in Capital Gains, Minimal Taxes, he doesn't go into detail. Another bestselling book by Thomas, "Consider Your Options: Get the Most from Your Equity Compensation," addresses employee stock options.
Thomas writes, "It's worth noting that you can end up with a gain that's greater than the amount of money you realize in a sale. That's one reason to plan carefully when you use debt to acquire investment assets. You may have to come up with money from other sources to pay the tax on your gain ...There's only one thing worse than having to report gain that's greater than your net sale proceeds, and that's having the tax itself be greater than the net sale proceeds."
Other topics discussed in "Capital Gains, Minimal Taxes" include:
-- Tax rules for gifts
-- Dividend reinvestment plans
-- Wash Sale Rule
-- Capital loss carryovers
-- Taxation of stock acquired from a spouse
-- Separation, divorce, and who gets custody of the basis
-- Stock dividends and splits
-- Taxation of mergers and spin-offs
-- Stock that has become worthless
-- Qualified small business stock
-- Planning for lower taxes
-- Making estimated tax payments
-- Custodial accounts for minors and special issues affecting child investors
-- Tax deductibility of Investment Expenses and Investment Interest
Throughout "Capital Gains, Minimal Taxes," Thomas gives us tips for not inadvertently losing valuable tax deductions. And, he shows us ways investors could potentially save thousands of dollars through a little tax planning.
For example, upon inheriting stock, we learn that the basis of the stock is changed to its fair market value on the date of the giver's death. So, by holding a greatly appreciated stock and passing it on to heirs, we can eliminate taxes on all the capital gain that occurs between the original purchase and the end of our lives. While stock basis can "step up," Thomas explains that the reverse can also occur.
Suppose we had originally purchased stock for $20,000, but today the stock is only worth $2,000. If we die and the stock is inherited, the basis steps down to its market value of $2,000. No one gets to take the tax deduction for the $18,000 capital loss. Thomas notes that investors tend to sell their winners too early and their losers too late.
I consider myself a fairly knowledgeable investor, and I learned a great deal about the taxation of investments by reading "Capital Gains, Minimal Taxes." This book belongs in every serious investor's library. Remember, each dollar saved in taxes adds directly to your wealth. Peter Hupalo
Ideal for those new to investment portfolio management.......2001-04-25
Kaye Thomas' Capital Gains, Minimal Taxes: The Essential Guide For Investors And Traders is a "plain language" guide to stocks, mutual funds, options, and tax strategies for maximizing returns and minimizing tax liabilities. Complete, authoritative, practical, "user friendly", this guide is ideal for those new to investment portfolio management and will prove both practical and invaluable in creating a personal financial investment plan with allied strategies. Indeed, Capital Gains, Minimal Taxes has much of value to offer even experienced investors with respect to tax rules for short sales, stock options, and "straddles". Highly recommended reading for sensible small investor strategic financial and investment planning.
The best book out there for taxes on stocks and mutual funds.......2001-01-23
This is probably the best book out there for the tax treatment of the following investment topics: stocks, options, short sales, wash sales, mutual funds, and dividends. I keep this book next to my computer and refer to it often. It has many examples. It even covers more advanced topics such as constructive sales and straddles. It has sections on the taxation of traders, gifts, accounts for minors, and AMT. It covers all of these topics accurately and thoroughly, while still being very readable for the non-tax professional. The author points out any grey areas of the tax law. This book isn't perfect (for example, in the section on estimated taxes, it doesn't mention form 2210 or what to do if unexpected income comes late in the year), but it is still very good.
The best guide out there for taxes on stocks & mutual funds.......2001-01-22
This book is the most complete, accurate, and easy to understand guide out there. I keep this book next to my computer and refer to it often. It covers in detail capital gains on stocks and options, short sales, wash sales, mutual funds, and dividends. It even covers more complicated strategies such as constructive sales and straddles. It has many examples. It has sections on taxation for traders, tax rules for gifts and minors, and AMT. It is accurate and thorough, yet explains things in a way that non-tax professionals can understand.
Average customer rating:
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Shouldering the Burdens of Defeat : West Germany and the Reconstruction of Social Justice
Michael L. Hughes
Manufacturer: The University of North Carolina Press
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Binding: Hardcover
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ASIN: 0807824941
Release Date: 1999-09-01 |
Book Description
World War II and its aftermath brought devastating material losses to millions of West Germans. Military action destroyed homes, businesses, and personal possessions; East European governments expelled 15 million ethnic Germans from their ancestral homes; and currency reform virtually wiped out many Germans' hard-earned savings. These "war damaged" individuals, well over one-third of the West German population, vehemently demanded compensation at the expense of those who had not suffered losses, to be financed through capital levies on surviving private property.
Michael Hughes offers the first comprehensive study of West Germany's efforts to redistribute the costs of war and defeat among its citizenry. The debate over a Lastenausgleich (a balancing out of burdens) generated thousands of documents in which West Germans articulated deeply held beliefs about social justice, economic rationality, and political legitimacy. Hughes uses these sources to trace important changes in German society since 1918, illuminating the process by which West Germans, who had rejected liberal democracy in favor of Nazi dictatorship in the 1930s, came to accept the social-market economy and parliamentary democracy of the 1950s.
Amazon.com
Americans are infatuated with the stock market. The number of households that own stock has increased from around 20 percent in the early 1980s to over 40 percent today. The market offers the hope of quick wealth and early retirement, and just about everyone who is in the market is looking for an edge, from sources such as CNBC and Wall Street Week to the Beardstown Ladies and "The Motley Fool." So it should be no surprise the most successful investor of our time--Warren Buffett--has been the subject of dozens of books and magazine articles. The value of Buffett's company, Berkshire Hathaway, has increased from $18 per share in 1965 to over $70,000 per share today. The interest in Buffett has spawned an approach to investing called "Buffettology," which is the subject of a book by the same name written by Buffett's former daughter-in-law, Mary Buffett.
In Buffettology, Mary Buffett, with the help of David Clark, details Warren Buffett's approach to investing. It's a style of investing based on the work of Benjamin Graham and one that requires a quality that most investors lack--discipline. Mary Buffett writes, "As you read through this book you will come to see that having a business perspective on investing is more about discipline than philosophy.... In short, other people's follies, brought on by fear and greed, will offer you, the investor, the opportunity to take advantage of their mistakes and benefit from the discipline of committing capital to investment only when it makes sense from a business perspective.... You will find that almost everything that relates to business perspective investing is alien to Wall Street folklore.
Buffettology examines Buffett's methods for valuing companies and selecting stocks--it even encourages you to buy a calculator and work through the valuation formulas that Buffett uses when researching companies to buy. The book not only serves as a useful guide to understanding how Buffett invests, it's an excellent primer to investing in stocks, whether you plan to become a Buffettologist or not. Highly recommended. --Harry C. Edwards, Business editor
Book Description
Buffettology is the first book from someone who, thanks to personal and professional access to Warren Buffett, has been uniquely positioned to learn from the master. Mary Buffett had the privilege -- during her twelve years as his daughter-in-law -- of sharing some of this very private genius's informal discussions of his investing philosophy, and now she shares some of her invaluable observations with us.
This breakthrough book offers a full-blown explanation of how Buffett uses Business Perspective Investing as a wealth-building tool. His strategy is not so much to "pick stock" but to search for and invest in excellent companies whose intrinsic value and potential earnings he can reasonably predict through a series of steps we learn about throughout the book.
Citing many fascinating case histories and examples, Buffettology shows us what kinds of companies Buffett looks for and why, and which he avoids and why. The authors show us the mathematical models and equations Buffett uses to determine the basic value and earnings potential of his final choices (and the right price to pay, for which he is willing to wait). We also learn how with the aid of an inexpensive, widely available handheld calculator, anyone can do similar equations.
In addition to providing such in-depth analysis, this book offers two more firsts. One is a chapter on Buffett's rarely discussed and extremely successful arbitrage operations. The book gives us the arbitrage equation he uses to determine the positions he should take. The other is a comprehensive list and brief analysis of fifty-four companies in which Buffett has invested and the authors believe he continues to follow, many of which have never before been publicly identified as "Buffett companies."
Customer Reviews:
Best stock investing book available. Bar none!.......2007-09-28
If I could only recommend one stock investing book, this would be it! I can't recommend a book any higher. It answers in a way that is easy to understand the two most fundamental questions of investing in the stock market: 1-what kind of stocks should I buy? and 2- at what price? Thank Ms.Buffett and Mr. Clark for publishing this book. It has shaped my every investing decision since reading it more than a decade ago.
Excellent for Basic Business Knowledge and Investing Skills.......2006-10-16
I read this book several years ago and suddenly feel compelled to write a short review after reading the opinions of several reviewers who have slammed the work.
More than any other business book (and I've read many), this one gave me the fundamental understanding to clearly see the difference between a business selling commodity-type products and services versus those that sell on something less competitive than price. To me, this is a nearly priceless (no pun) bit of understanding for any aspiring investor (or even entrepreneur)to mentally digest and intellectually internalize.
The concepts covered in this book, both the qualitative and quantitative, are clearly explained and easy to understand. I guess this causes some people to scoff at it with the opinion that it's too simplistic. However, if you really study Mr. Buffett's investing history - his philosophy has been pretty simple.
So how come most people won't become a billionaire by reading and applying the concepts taught in this book? Well... duuhhh! I guess we'll have to learn how to buy insurance companies and use the floats created by the payed-in premiums as our investment funds. Mr. Buffett has obviously got the intestinal fortitude and know-how for utilizing the ultimate in OPM. However, I've not seen the evidence that he doesn't use the basic formulas that Mary Buffett so clearly and entertainingly lays out in this book.
This is a great book that can teach you a lot - unless your ego closes off the receptivity of your mind.
Buffettology? The title alone is a JOKE.......2006-09-10
This book is a royal sham - not worth your time. There is little in this book worth reading. For starters, Mary "Buffett" has no right to use that last name... She's no more a Buffett than your gold-digging neighbor. The supposed formulas that she profers as belonging to Buffett in reality have little to do with Buffett's methods or his thinking - he is on record many times as refuting what she claims as his method. What does she say about multi-disciplinary cross-examination of the investment problem set? Nothing. What does she say about how to define a moat and determine its durability? Very little. Instead we get her assumption on growth formulas... just where did she derive that? The family Thanksgiving dinner? Right. Of all the books on Buffett I've read (let's just say it's well into double digits) - this is perhaps the worst...
5 reasons I love this book.......2006-07-13
1.It uses simple language that helps understand heavy financial concepts.
2.Chapters are short. So its easy to digest things bit by bit.
3.You thoroughly understand the subject as ideas are repeated throughout the book.
4.Compared to `The Intelligent Investor' and Warren Buffett's letters to shareholders, I find this book giving more info about Warren's style of picking companies. It give qualitative and quantitative steps for going company hunting.
5.Concepts like inflation and taxation are beautifully explained.
Good luck and happy reading !
easy to read investment book .......2006-07-05
Benjamin Graham's Intelligent Investor is probably the best book on investing available, but buffetology is the easier version of Graham's, so i love it three times as much. it's so easy that i could read it while laying on the Bali beach in a recent holiday. caution though, maybe because it's so simple it's probably too simple for sophisticated ones out there.
Book Description
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!
Download Description
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!
Customer Reviews:
1031 Exchange - A tool for every savvy real estate agent.......2007-07-26
The 1031 exchange is a tool I use personally and with clients. This is a good book to get the basics and examples of how to do this type of proceedure and the Starker (reverse) exchange. The book is a little dry and is packed with a lot of information. Don't sit down to read it unless you have a pen, notebook, calculator, and a good chunk of time. A 1031 is a really great tool, especially if you are a real estate agent.
Tax-Free Exchanges - In Depth.......2006-11-10
An excellent text on the 1031 transaction. Long on examples and step by step explanations, this book will explain the tricks and traps of 1031 real estate transactions.
At times more than you want to know, the book finds its balance and leaves you with an in depth understanding of how to use the tax code to your advantage. It allowed me to question our intermediary about some aspects of our 1031 transaction without seeming foolish. If you are looking for a book that will raise your confidence in dealing with a complex tax free exchange this is the one.
Focused on deal making.......2006-07-20
Do not buy this book if you are looking for an intro to the basics of 1031 exchanges. It is not a "how-to" book. You should buy this book if you want ideas and examples of how to use exchanging in non-standard ways to make deals happen. If you want to expand your thinking on what is flexible when you start talking terms on a deal then this is a good book for you.
Good starting point for investors exploring 1031 Exchanges........2006-07-14
This book offers a basic introduction to tax-deferred exchanges in a simple format. Readers could benefit from more relevant examples; for example focusing far less on barter-for-property and more on resources and likely issues with a delayed exchange.
exchange this book for a good one.......2005-10-10
I have researched 1031 extensively ---this is the worst book I have read on the subject-- . I would not buy anything frm this author again. I returned it for my money back---- DONT WASTE YOURS!!!
Book Description
This tax guide provides tips for taking full advantage of a law that creates an unusual opportunity to amass a substantial amount of money over a lifetime. Provided they have lived in a home for more than two years, homeowners can avail themselves of the "Exclusion of Gain from Sale of Principal Residence," which allows them to exclude from capital gain taxes up to $500,000 from the sale of a home. Important regulations related to the law are discussed, including married persons rules, strategies for claiming exclusions, and the effect of divorce on exclusions. Detailed accounts of new IRS regulations are also addressed.
Book Description
"Essays explore the origins of the current situation in global financial capital from the perspectives of economics, geography, international law, and international politics. Specific topics include offshore and the structural building of sovereignty, international banking and offshore finance, and offshore finance and citizenship. Includes case studies on tax havens, such as Malaysia, Malta, and South Africa. Mark P. Hampton is a senior lecturer in economics at the University of Portsmouth. Abbott is a lecturer in international studies at Nottingham Trent University." -Book News, Inc.
Books:
- Sustainable Construction: Green Building Design and Delivery
- Talking Funny for Money : An Introduction to the Cartoon/Character/Looping Area of Voice-Overs
- Tax-Aware Investment Management: The Essential Guide
- Tax Havens Today: The Benefits and Pitfalls of Banking and Investing Offshore
- Tax Increment Financing and Economic Development: Uses, Structures, and Impact (Suny Series in Public Administration)
- Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
- The Complete Idiot's Guide to Finance and Accounting (The Complete Idiot's Guide)
- The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS
- The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS
- The Feelings Book: The Care & Keeping of Your Emotions (American Girl)
Books Index
Books Home
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