You can maximize your investment return!

Don't forget that your residence already has a capital gains shelter! No need to exchange if less than $500,000 capital gain for you and your spouse!

The IRC Section 1031 tax deferred exchange.

The tax deferred exchange gives you the ability to dispose of a property without incurring a capital gain tax liability, thereby allowing the earning power of the deferred taxes to work for you, instead of the government. Tax deferred exchanges provide investors with the opportunity to improve their investment position by either acquiring larger properties to depreciate or acquiring different types of investment real estate. The options to diversify both geographically and by the type of investment property are virtually unlimited!

A SALE VERSUS AN EXCHANGE

• Hypothetical example which assumes the property, which cost $200,000, is selling for $400,000 and is 75% depreciated, with federal depreciation recapture tax at 25% and capital gain at 20%. Arizona Taxes at 6%. $77,500 Federal Capital Gains Taxes and $21,000 Arizona Capital Gains Taxes = $98,500 which can be deferred through 1031 exchange. 

THE ADVANTAGES OF AN EXCHANGE

1. Preservation of equity

2. Maximize return on investment

3. Increased cash flow from larger properties

Please call me to:

• Have a market profile on your property prepared—at no cost or obligation.

• Schedule an appointment to learn more about your specific investment objectives.

• Following are a list of publications that may be helpful to you. Call or email for your copy.Exchange Basics
  
  1. Sale vs. Exchange (#1)
  
  2. Exchange Basics (#2)
  
  3. Five Reasons to Exchange (#3)
  
  4. Calculating Capital Gain (#4)
  
  5. Intro to Delayed Exchanges (1 of 2) (#5)
  
  6. Intro to Delayed Exchanges (2 of 2) (#6)
  
  7. Cooperation Clause (#7)
  
  8. Exchange Terminology (#8)
  
  
  Advanced Exchange Basics A
  
  1. Requirements For Full Deferral (#9)
  
  2. Exchange Equation (#10)
  
  3. Partial Exchanges (#11)
  
  
  Advanced Exchange Basics B
  
  1. Simultaneous Exchanges (1 of 2) (#12)
  
  2. Simultaneous Exchanges (2 of 2) (#13)
  
  3. Stages of a Delayed Exchange (#14)
  
  4. Identification Rules (#15)
  
  5. G 6 Restrictions (#17)
  
  6. What Not to do (#18)
  
  7. Multiple Properties (#19)
  
  8. Reverse Exchanges (#20)
  
  9. Reverse Comparisons (#21)
  
  10. Improvement Exchanges 1 of 2 (#22)
  
  11. Improvements - Property Owned by Affiliate (#24)
  
  12. Reverse - Improvement Structure (#25)
  
  
  Advanced Exchange Basics C
  
  1. Like-Kind Property (#26)
  
  2. How Long to Hold (#27)
  
  3. Primary Residence Rules - Section 121 (28).pdf
  
  4. Converting a Rental to a Residence (#29)
  
  5. Split Treatment Transactions (#30)
  
  6. Dealer Property Issues (#31)
  
  7. Vacation Home Exchanges (#32)
  
  8. Leasehold Interests (#33)
  
  9. TIC Programs 1 of 2 (#34)
  
  10. TIC Programs-Rev. Proc. 2002-22-2of2 (#35)
  
  11. Easements (#36)
  
  12. Personal Property Exchanges (#37)
  
  13. Water Rights (#39)
  
  14. Timeshares and REITS (#41)
  
  15. Hotel Exchanges (#42)
  
  16. Golf Course Exchanges (#43)
  
  17. Like-Kind-Where Located-#71
  
  
  Advanced Exchange Basics D
  
  1. Seller Financing (#48)
  
  2. Partnerships And 1031 Exchanges (#49)
  
  3. Closing Costs (#50)
  
  4. Refinancing (#51)
  
  5. Closing Exchanges (#52)
  
  6. Exchange Entities (#53)
  
  7. Holding Title to Real Property (#54)
  
  8. What Agents Need to Know (#55)
  
  9. Related Party - 1 of 2 (#56)
  
  10. Related Party - Buying From - 2 of 2 (#57)
  
  11. Evolving Rules, Greater Opportunities (#58)
  
  12. Preconstruction Sales (#59)
  
  13. Aircraft Exchanges (#60)
  
  14. Real Estate vs. Stocks (#61)
  
  15. Are Your Stocks Sinking? (#62)
  
  16. Security of Funds (#63)
  
  17. 1031 Tax Filing Requirements (#64)
  
  18. Taxing Thoughts (#65)
  
  19. Replacement Property Calculations (#66)
  
  20. Investment Returns (#67)
  
  21. Nevada Qualified Intermediary Rules (#68)
  
  22. Opening an Exchange with API (#69)
  
  23. FIRPTA Withholding Rules (#70)
  
  24. Audit (#72)
  
  25. State Tax Withholding (#76)
  
  26. New York Cooperatives (#75)
  
  27. IRA in Real Estate (#77)
  
   

Remember, Norman has been facilitating exchanges since 1973.

or Email Norman at gonorman@aol.com

EQUAL HOUSING OPPORTUNITY

This information is not intended to replace qualified legal and/or tax advisors. Every person should review their specific transaction with their own legal and/or tax counsel.