• Davis Law Group Team

Tag Archives: Real Estate Law

1031 Tax-Deferred Exchange: 7 Practical Considerations

1031 Tax Deferred Exchange- part 3

In our last two blogs we’ve been discussing different aspects of a Tax-Deferred Exchange – a technique available to defer taxes and maximize the funds available for reinvestment upon the sale of an investment property.

Because of the complexity of the issues, we’ve...
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What You Need to Know About Real Estate and 1031 Tax Deferred Exchange

1031 Tax Deferred Exchange-

How the 1031 Tax Deferred Exchange Can Affect Your Real Estate Investment

Since the Tax Reform Act of 1986, real estate investors have faced one big problem on the sale of their property: higher taxes. Upon the sale of an investment property the full amount...
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Tax Records: What to Keep and For How Long??

A big question we get is how long should you maintain tax returns and supporting documentation?

As the year ends and you prepare for your 2016 tax return, here is some good advice and information on tax documentation and retention. Tax Returns vs. Real Estate Records Generally, the IRS recommends keeping copies of tax returns and supporting documents...
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Why You Need Your Attorney at Your Closing

Home buying and selling season is almost upon us. And along with the excitement of buying and selling a home comes the stress of signing contracts and attending closings.

Having a good real estate agent is key during this process, but so is having a good attorney. Read more