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Tag Archives: multi-party exchanges

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

Posted on February 16, 2014 by David L. Silverman, J.D., LL.M. (Taxation)

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 →

Posted in Federal Income Tax, Like Kind Exchanges | Tagged 1031, 1031 exchange, basis of property in like kind exchange, built to suit exchange, david l. silverman, deferred exchanges, depreciation and recapture in like kind exchange, gain or loss in 1031 exchange, irs Form 8824, like kind exchange, Like Kind property, multi-party exchanges, partnership like kind exchanges, qualified use requirement, related party transactions 1031, reverse exchanges, tenancy in common like kind exchanges, Treatment of Liabilities in Exchange | Leave a comment
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