Each real estate transaction is very different with regards to the terms, the investors and the tax results.
We can assist clients with:
- Section 1031 like-kind exchanges --
- understanding, coordination, and taxation of an "exchange"
- review of exchange agreements
- preparation of exchange tax forms
- Capital gain maximization
- Understanding "dealer" status
- Purchase and sale planning
- Sale of residence and "section 121 gain exclusion"
- Taxation of foreclosures and short sales
- Review of real estate Limited Liability Company (LLC) and partnership agreements.