Illinois 1031 Exchange: A 1031 exchange allows Illinois real estate investors to postpone capital gains taxes by investing sale proceeds of a property in a like-kind property. The strategy preserves capital, increases cash flow, and grows investment portfolios. Requirements Like-Kind Property: Must be for investment or business purposes (e.g., rental buildings, commercial property). Qualified Intermediary (QI): Must conduct the transaction; …
As I noted in this post, I will be moderating a Continuing Legal Education (“CLE”) webinar on May 29th at 2pm ET for the American Bar Association (“ABA”) General Practice, Solo & Small Firm Division (“GP Solo”) Agriculture Law Committee on 1031 Exchanges. (Whew- that’s a mouthful). Members of the American Agriculture Law Association (“AALA”) can attended at the ABA …
I will be moderating another Continuing Legal Education (“CLE”) webinar for the American Bar Association (“ABA”) General Practice, Solo & Small Firm Division (“GP Solo”) Agriculture Law Committee on May 29, 2014 at 2pm ET. on “1031 Exchanges for the Agriculture Industry“. Faculty members will include: 1. Max Hansen,Esq. President and CEO of the American Equity Exchange, Inc. in …