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1031 Tax Exchange
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Property like-kind exchange rules (Bankrate.com via Yahoo! Finance)
When improvements are made to property that is condemned, does it count as a like-kind exchange? Grubb & Ellis Company Amends Credit Facility (PR Newswire via Yahoo! Finance)
Grubb & Ellis Company , a leading real estate services and investment firm, today announced that the company and its lead bank, Deutsche Bank Trust Company Americas, have amended the company's senior secured credit facility. Judge agrees to LandAmerica mediation plan (Richmond Times-Dispatch)
LandAmerica Financial Group Inc. and a subsidiary are heading to mediation over a $68.2 million claim made in U.S. Bankruptcy Court in Richmond. So, too, are four test-case plaintiffs that filed complaints against subsidiary LandAmerica 1031 Exchange Services Inc. Judge Kevin R. Huennekens agreed to a mediation plan yesterday, nearly six months after both companies filed for Chapter 11 ... Developer’s lawsuit over late taxes settled (Scottsbluff Star-Herald)
A Scottsbluff accountant and a Scottsbluff developer have settled a negligence lawsuit that found its way to the Nebraska Supreme Court. Deutsche Bank Appointed Qualified Intermediary on Alamo Auto Lease Like-Kind Exchange Program (Business Wire via Yahoo! Finance)
NEW YORK----Deutsche Bank today announced it has been appointed as Qualified Intermediary on Alamo Financing LP like-kind exchange program. Grubb & Ellis Company Files 2008 10-K (PR Newswire via Yahoo! Finance)
Grubb & Ellis Company , a leading real estate services and investment firm, today announced that it has filed its 2008 Annual Report on Form 10-K with the Securities and Exchange Commission. Avoiding capital gain is complex but doable (Everett Herald)
Question: I would like to know if it's possible to sell my rental property (out of town, 20 acres with a house) and divide the profit and reinvest in two rental houses near my home in Lynnwood without paying capital gains. Grubb & Ellis Company Reports 2009 First Quarter Results (PR Newswire via Yahoo! Finance)
Grubb & Ellis Company , a leading real estate services and investment firm, today reported revenue of $118.3 million for the first quarter of 2009, compared with first quarter 2008 revenue of $150.4 million. Retail REITs see Light Beginning to Break through the Clouds (CoStar Group)
First Quarter 2009 continued to be tough for retail REITs, with occupancy and rents slipping a little more and the capital markets persisting as an issue. However, the general mood in retail REITs first quarter calls with analysts over the last few weeks... Like-kind property exchange rules (Bankrate.com)
Dear Tax Talk, We received a settlement for $180,000 for 12,000 square feet of property, which was condemned for a 30-mph county road. Rather than purchase additional like property, we invested the money in infrastructure to service the property.
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