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Exchanging Up, by Gary Gorman
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In easy-to-understand language, you'll learn how to: Use the Six Essential concepts that are necessary for every exchange. Build on land that you already own using your exchange proceeds from your sale (so called 'Build-to-Suit' Exchanges. Make improvements to the property that you're buying or exchanging into...(Improvement Exchanges). Do construction on land that you buy in an exchange (Construction Exchange). Buy new property BEFORE you've sold your old property using Reverse Exchanges. Make sure your intermediary parks your money in a separate account to assure it's absolute safety and security in a 1031 exchange. Exchange your old property and buy into a TIC syndication and no longer have the hassles of being a landlord! Turn your investment property into tax-free cash! Or, how to build a financial legacy for your heirs with little or no tax by using Section 1031!
- Sales Rank: #245694 in Books
- Brand: Brand: Success DNA
- Published on: 2005-03
- Number of items: 1
- Binding: Paperback
- 258 pages
- Used Book in Good Condition
From the Inside Flap
"If you invest in real estate, sooner or later you'll need to do a 1031 exchange. The book of books on this subject is the one you are holding in your hand. Read it, absorb it, and use it to your benefit and betterment." -- Mark Victor Hansen, co-creator of the #1 New York Times Best-Selling Series Chicken Soup For The Soul and co-author of The One Minute Millionaire.
"I highly recommend this book. This simple process essentially equals an interest-free, no-term loan on taxes due until the property is sold for cash! A properly structured exchange provides real estate investors with the opportunity to defer 100% of both federal and state capital gain taxes." -- Ken McElroy, best-selling author of The ABC's of Real Estate Investing
About the Author
Gary Gorman is a nationally sought after author and lecturer on Section 1031 Exchanges-a way for you to sell and buy investment real estate and pay no taxes (tax-deferred)! He is widely acclaimed in the exchange community for his ability to make complicated exchange concepts logical and easy to understand.
Most helpful customer reviews
2 of 3 people found the following review helpful.
The best book on 1031 Exchanges
By bullseye
This is the best book solely devoted to 1031 exchanges that I've read. The author explains how these exchanges work in a friendly, conversational style. It reminds me of a pleasant discussion alongside of a fireplace. Yet the author covers the subject comprehensively and answers all the questions you would normally think of -- and a couple you might not have thought of yet that are very important. I recommend this book with the highest praise.
5 of 5 people found the following review helpful.
EXCHANGING UP +++
By J. PHILLIPS
VERY WELL WRITTEN. WRITTEN IN LANGUAGE THAT THAT IS EASY TO UNDERSTAND. VERY INFORMATIVE. I HAD BEEN PICKING UP BITS AND PIECES OF INFORMATION ABOUT 1031'S FROM HERE AND THERE. HOW WRONG THIS INFO WAS. I SHOULD HAVE READ THIS BOOK A YEAR AGO.
0 of 0 people found the following review helpful.
Exchanging Up
By G. Hendrix
Great book. Puts exchange into easy to understand concepts. Also provides detail on more complicated exchanges. Helped me a lot!
Thanks
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