Landowners hold land for a variety of reasons including conservation, investment, cash flow and personal enjoyment. When intrinsic values change, it...
Andy Gustafson, CES
Andy Gustafson, Certified Exchange Specialist®, is a managing member of Atlas 1031 Exchange, LLC, a nationwide accommodator of Internal Revenue Code Section 1031. He founded the company in 2007, and has since expanded his professional services into Texas and the Midwest. He has spoken to hundreds of investors at Wealth Camps and Real Estate Investment Clubs nationwide and is a sought after speaker on the topic. As an approved continuing educational provider, he has helped hundreds of Realtors, Attorneys, and CPAs understand the application of the 1031 code. To date he has accommodated over 500 exchanges representing $433,000,000 in exchanged value and deferring over $22,000,000 in taxes.
The Internal Revenue Code provides multiple tax deduction and deferment solutions for asset owners including self directed individual retirement...
A 1031 exchange is defined by the Internal Revenue Code (IRC) Section 1.1031 as "No gain will be recognized on property held for productive use in...