Chris Brown of Edmund & Wheeler will be reviewing 1031 exchanges. This IRS regulation allows owners to depreciate their property, saving tens or hundreds of thousands of dollars in taxes, and then sell out and buy a new property without paying recapture tax. Everyone serious about rental property as an investment vehicle should understand the tight timelines involved. If you do it only once if your life, it will still save you $100,000.
John Enright will be reviewing the new lead paint regulations that take effect December 1. The cost of deleading is decreasing 40%, but the number of lawsuits might increase ten-fold. Don't be the slowest zebra in the herd. Learn how possible it is to get your lead certificates before you become the target of increasing regulation and so-called "strict liability."
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