1031 a play for investors with long-term horizons
The IRS allows some latitude in defining “like-kind” property acquisitions, though it limits the exchanges to properties used as investments or for business
While the housing foreclosure crisis and widespread commercial vacancies give real estate a horror movie feel, federal tax law makes it hard to fall entirely out of love with real estate investing. At least it has for investors willing to think long-term, says Jackson commercial Realtor Walter Michel, principal of the J. Walter Michel Agency. [...]
Login to your MBJ Insider account to access this content and much more
Become an MBJ Insider
By offering insightful coverage by award-winning reporters about Mississippi’s companies and industries, we help you make smart business decisions, advance your career, and find new prospects. Build your business and outsmart your competition day after day by becoming an insider.
Ready to get started? Choose your delivery method:
Benefits of being an MBJ Insider
 |
|
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom
- PSC’s Mississippi Power probe continues as regulators mull next move
- Department of Environmental Quality developing water sources plan
- Stabenow, Cochran brace for full Senate vote on Farm Bill
- Fervor grows for Tuscaloosa Marine Shale
- Click Boutique revives Hattiesburg downtown retail district
- District at Eastover construction to start later this year
- OUR VIEW: USM makes right call by calling off tornado relief campaign
- Officials hoping quail numbers will rebound
POST A COMMENT