Time for End of Year Planning - for a Difficult Year

November 1, 2007 --

It would be an understatement to say it has been a difficult year for real estate. In most years, owners of real property hope to complete their transactions in the last quarter of the year. This year is no exception.

This year, however, property owners have to cope with the increasingly soft real estate market, higher interest rates, and, in many cases, are encountering difficulty, either in finding buyers for the property being sold, or in locating and acquiring new properties.

Like-kind exchanges of real property may offer unique opportunities for the acquisition of property by (i) increasing the cash available for reinvestment because taxes are deferred; (ii) decreasing debt service because all equity from the relinquished property is invested in the replacement property to obtain the maximum tax deferral; and (iii) providing lower loan to value ratios....all while deferring the tax on the sale of the currently held property.

Call us regarding these benefits, or should you need immediate information regarding like-kind exchanges, generally, or a specific transaction,.

For More Information Contact:

FEC SERVICES, LLC
1900 NW Corporate Boulevard, Suite 201E, Boca Raton, Florida 33431
Tel: 561-998-8047; [Toll free: 888-333-2889]
FAX: 561-994-8992
Internet: rpomerance@att.net

Persons interested in like-kind exchanges should always seek tax advice.

The information contained in these web pages is not intended to be, and should not be considered or relied upon as, legal, tax or accounting advice. These web pages are only intended to be a general treatment of the subject matter and the reader agrees, by accessing these pages, that neither Florida Exchange nor any other person or entity shall have any liability arising from the information presented. Each reader who does not agree with the foregoing release of liability is directed to exit these web pages immediately.

The general information provided in these web pages is subject to exceptions, additions, interpretation, and changes to the statutes, regulations and case law, by Congress, the courts, and the Internal Revenue Service. The general information provided in these web pages is also subject to facts that are specific to each reader and which are therefore clearly outside the scope of these pages.

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                                             Last modified: 08/19/2008