Published by Erica on 01 Oct 2008 at 09:31 am
October 1031 Exchange Carnival
Welcome to the October 1, 2008 edition of 1031 exchange.
KCLau presents Secrets to Writing an Ebook in Three Easy Steps posted at KCLau’s Money Tips, saying, “Why one would want to write an ebook and secrets behind writing one.”
KCLau presents How not to Spend that Money? posted at KCLau’s Money Tips, saying, “Article on how to prevent spending unnecessary money. Also 3 methods on how to do so.”
Mac presents 10 Ways To Save A Dollar During Hard Times posted at Actorlicious.
investing strategies
Investing Angel presents Investments To Avoid posted at Stock Tips, saying, “Certain types of investments should just be avoided by beginner investors.”
Sandy Naidu presents Top 5 Dirty Little Credit Card Tricks posted at Future Nest Egg.
The Stock Teacher presents Speculating On The Election posted at Stock Investment, saying, “If you think McCain is going to win the election, certain stocks may be worth betting on.”
mortgage/financing
KCLau presents Credit Counseling and Debt Management Agency: FREE Financial Education for Malaysian posted at KCLau’s Money Tips, saying, “A success story one how one avoided bankruptcy as well as features of AKPK and how u can benefit from the agency.”
Joe Manausa presents Bailing Out The Banks? Actually Bailing Out America! posted at Tallahassee Real Estate Blog, saying, “While mainstream media refers to this as the “fat cat” bailout for Wall Street, you might be surprised who really needs this bailout to occur. What would happen to your job if the credit market stopped for even 1 week?”
real estate market
Amy L. presents How to Find an Affordable and Safe Place to Live posted at Housekeeping Tips, saying, “Without question, the downsizing of our economy is forcing many people to reconsider where they’re living and whether or not they can really afford it.”
Joe Manausa presents The Sign Is Up – Is Your Home Sold? posted at Tallahassee Real Estate Blog, saying, “During the booming real estate market of 2004-2006, it seemed all a homeowner had to do to sell a home was put a sign in the yard and then start evaluating offers. This is not so much the case anymore, we are back to a “normal” real estate market, where buyers are drawn to value.”
tax implicatgions
imarketing4s presents Taxes and Penalties Involved in a Loan | Unsecured Loans Now Articles posted at Unsecured Loans Now.
kevin callahan presents OIC 101: Effective Tax Administration posted at IRS For Dummies, saying, “very informative article on a option not very well known”
Reba Haas presents 2008 Tax changes for investment properties converted to primary residences? posted at Team Reba Real Estate, saying, “Cris Anderson of API Exchange sent out this recent article that highlights a shift in how rental properties will be seen throughthe eyes of the IRS if they are converted to a primary residence. Some folks had been using this strategy and taking advantage of the capital gains exemption after converting a property and living in it for 2 years. Read this to learn more about the change and how it might affect you.”
That concludes this edition. Submit your blog article to the next edition of 1031 exchange using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
If you have questions on 1031 tax deferred exchanges give our office a call at (877) 989-1031
Technorati tags: 1031 exchange, blog carnival.
Mike Harmon on 01 Oct 2008 at 9:37 am #
I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!
Eric Hundin on 01 Oct 2008 at 9:48 am #
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin
David Harris on 24 Oct 2008 at 11:29 am #
Great Post.
One disturbing trend that people should also be aware of in 1031 exchanges is abuse and mismanagement of money by exchange companies. I encourage everyone to thoroughly vet any potential qualified intermediary.
Consider working with a 1031 exchange company that deposits your money only in money-market accounts that invest in government backed securities. With uncertain market conditions, it’s the only way to ensure your money will be there when you need it. I only know of one such company, RockSolid 1031. You can check out their website at http://www.RockSolid1031.com.
Erica on 24 Oct 2008 at 11:39 am #
David,
Thank you for your comment, Bankers Exchange Services deposits all funds in money- market only accounts that invest in government backed securities. We are also participating in the Temporary Liquidity program being offered by the FDIC which insures any amount of exchange funds. So you can add Bankers Exchange Services to your list of exchange companies that will ensure your money is there when you need it.