1031 exchange, tax policy changes and real estate - part 2 of 3

James Callejas of IPX 1031 spoke at Alain Pinel Realtors' Montclair office on August 31, 2011.

He opened with commentary on the 1031 exchange business...before shifting into a fast-paced overview of recent federal tax policy changes, as they impact real estate-related wealth creation. (And of course, such changes may better inform property investors' decisions to engage in 1031 tax-deferred exchanges.)

PART TWO
0:00 -- Tax Relief, Unemployment Insurance Reauthorization and Jobs Creation Act of 2010
0:40 -- YR2010 and unlimited estate tax...the "year to die"
3:15 -- property inheritance and the step-up basis
6:00 -- YR2011/2012 and the full step-up basis for sub-$5M
7:30 -- marriage and estate tax portability
9:11 -- gift tax...and the lifetime exclusion
11:59 -- on inheriting investment property

As always, consult a CPA and real estate attorney to help you make informed decisions on such matters. And a big Thank-You goes to Harvey Gabel of Old Republic Title Company for bringing James to speak at Alain Pinel!

presented by:

Eric Chang, realtor
Alain Pinel Realtors MONTCLAIR
6211 La Salle Avenue, Oakland
510.250.6798....blog: http://www.ericchang.net

Category:

Education

Tags:

• 1031
• 1031 exchange
• real estate
• wealth creation
• taxes
• taxation
• real estate taxes
• Alain Pinel Realtors
• Bay Area
• Montclair
• Piedmont
• Berkeley
• East Bay
• homes