Tag Archives: basis of property in like kind exchange

Like Kind Exchanges in 2014: An Oasis of Income Tax Tranquility

High income New York City residents selling fully depreciated real estate this year will incur a capital gains tax of about 39 percent, consisting of a federal tax of 28.5 percent (25 percent on IRC §1250 unrecaptured gain plus 3.8 … Continue reading

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Like Kind Exchanges of Real Estate Under IRC § 1031

Posted in Like Kind Exchanges of Real Estate Under IRC Sec. 1031 (2013 Revised Ed.), Like Kind Exchanges of Real Estate Under IRC Section 1031 | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment