Education & Insights
Stay informed with commentary and insights on wealth planning, the markets and economic conditions.
**NEW** Tax benefits of charitable gifting. Read More
Four Basic Estate Planning Documents. Read More
2024 Year End Tax Planning Guide. Read More
Rate Cuts on the way. Read More
Planning for the sunset of the Tax Cuts and Jobs Act. Read More
Planning for the sunset of the Tax Cuts and Jobs Act. Read More
2024 Midyear Outlook – Approaching the economy’s pivot point. Read More
2024 Tax Planning Guide. Read More
Ten things you can do to avoid scams and fraud. Read More
2024 Year-End Tax Planning Guide. Learn More
Four steps to successful investing. Read More
Tax law changes: What happens in 2024 and beyond? Read More
Staying focused on what’s important in the new year – steps to take to help prepare for the year ahead. Read More
Wells Fargo Investment Institute 2024 Outlook – A pivotal year for the economy and markets. Read More
Managing real estate capital gains with like-kind exchanges (Section 1031)
In many cases, if you are planning to sell real estate and purchase new real estate, the tax gain can be deferred by following certain procedures in the Internal Revenue Code (IRC). An investor can exchange one real estate investment for another (or several) and can postpone paying taxes on the unrealized gain in the relinquished property if the proceeds are reinvested in ’like-kind’ property. This type of like-kind exchange, or 1031 exchange named after the IRC Section allows real estate investors to reinvest the proceeds from a sale on a pre-tax basis. Read More
