Posted on August 26th, 2008 by domi
Our colleague Desiree Docktor at Alain Pinel Realtors in Palo Alto is helping organize a tour of 12 Eichler homes in Palo Alto that benifits Peninsula Habitat for Humanity.
The details on the home tour are below:
- Date: September 6, 2008
- Time: 10:00 AM - 4:00 PM
- Starts: Eichler Swim & Tennis3539 Louis [...]
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Posted on August 25th, 2008 by domi
Remember these four steps so your next 1031 Exchange is 100% tax deferred:
- Qualify: Make sure the properties qualify for a 1031 Exchange. Properties used for business or investment purposes within the U.S. qualify.
- Replace: Re-invest all of your cash and purchase a property of equal or greater value.
- Identify: Identify your potential replacement property (or properties) on [...]
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Posted on August 25th, 2008 by domi
Important News for Investors Regarding the “Homeowner’s Exemption”
One strategy taxpayers have used to avoid paying capital gains taxes has been to convert a rental property into a primary residence and later sell the property to take advantage of the Homeowner’s Exemption. The Homeowner’s Exemption (Section 121 of the Tax Code) allows a taxpayer to exclude up to [...]
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