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Jeremiah Long National Conference on Like-Kind Exchanges 2018
Accruit Client Service Manager Asher Azim joins fellow 1031 professionals at the Jeremiah Long Memorial National Conference on Refers to the "nature or character" of the property and not to its "grade or quality." That is, real property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other real property. Personal property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other personal property, provided the personal property is of "like kind" or "like class." Professional tax advice should be obtained when planning exchanges. Like-Kind Exchanges for in-depth discussion on topics pertaining to Section 1031, including:
- Current Thinking on What is The land, and everything that is permanently attached to the land, and all of the rights of ownership of that property. Real property is typically classified according to its general use as either residential, commercial, agricultural, industrial, or special purpose. Real Property
- Handling Personal Property in Real Estate Transactions
- Critical Analysis of Current DST Offering Paradigms
- State Law Issues Affecting Exchanges
- Ethical Questions for QIs and Advisors in Refers to the "nature or character" of the property and not to its "grade or quality." That is, real property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other real property. Personal property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other personal property, provided the personal property is of "like kind" or "like class." Professional tax advice should be obtained when planning exchanges. Like-Kind Exchanges
Learn more about the Jeremiah Long Memorial National Conference on Like-Kind Exchanges.