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For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new property are held by the owner for investment, or for active use in a trade or business, or for the production of income.
A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset.
For an additional fee, property owners can have also list their properties on the MLS with a real estate agent affiliated with ForSaleByOwner.com. Interested buyers can use the service to search listed properties for free. However, ForSaleByOwner.com does not represent or negotiate on behalf of either the seller or the buyer.
In the current quarter, sales in store and online from Aug. 1 to Sept. 6 at constant exchange rates were on an improving trend, though still down 11% from a year earlier. Zara owner Inditex says ...
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The property taxes a property owner pays are largely the result of the levies the voters have chosen to enact over time. The formula for taxation in Ohio — commonly referred to as House Bill 920 ...
A commercial information exchange (CIE) is an Internet-based commercial property listing service in the United States that is operated by a local association to serve the local market. [ 1 ] A CIE is the commercial real estate equivalent of the residential Multiple Listing Service .
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