Kelly Alton

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So far Kelly Alton has created 25 blog entries.

Can buying and selling of multiple properties qualify for a 1031 exchange?

A typical 1031 exchange involves the buying and selling of one like-kind business or investment property for another. However, selling one property and acquiring several replacement like-kind properties or selling several properties and buying one replacement property is also allowed, assuming the exchange follows designated guidelines. Additionally, an investment property can be exchanged for a [...]

Sell your aircraft with a 1031 exchange and defer taxes

A 1031 exchange is the best way to help you defer taxes and save money when it’s time to sell your aircraft. Under IRC Section 1031, companies and individuals who exchange their old aircraft for a new one can achieve substantial tax savings by deferring capital gains tax or depreciation recapture upon the disposition of [...]

2015-08-12T07:00:05+00:00 August 12th, 2015|Categories: 1031 Exchange|Tags: , , |

A 1031 exchange can help you finance more leases and stay competitive

Leasing companies often seek ways to defer capital gains and depreciation recapture taxes on the disposition of their off-lease property. A 1031 exchange is a great way to lease more competitively by improving asset utilization and maximizing capital productivity. Using a 1031 exchange, your company can maximize its profitability and be more competitive in the [...]

2017-05-14T03:07:24+00:00 July 28th, 2015|Categories: 1031 Exchange|Tags: , , , , |

1031 exchanges can be used for gemstones and other collectibles

A 1031 exchange can apply to almost any type of investment assets, including investments in gemstones, artwork, and other tangible assets. Personal property like-kind exchange rules are somewhat different than those that apply to real estate exchanges, so it is important to use a 1031 Qualified Intermediary that has experience in these types of exchanges. Gemstones [...]

2017-05-14T03:08:09+00:00 July 22nd, 2015|Categories: 1031 Exchange|Tags: , , , , |

A 1031 exchange can help you defer taxes on your oil and gas transactions

If your company is looking to sell or replace mineral rights, leases, or equipment, why not use a 1031 exchange to defer taxes and leverage capital more effectively? Not sure whether your transaction will qualify? Selecting a 1031 Qualified Intermediary (QI) with the right experience can help make things easier. NES Financial is the largest [...]

2017-05-22T01:08:51+00:00 July 14th, 2015|Categories: 1031 Exchange|Tags: , |

1031 exchanges – a golden opportunity

Although investors can change banks and banking relationships with little difficulty, moving gold bars from vault to vault involves complicated logistics, costs, and risk. Moving gold bars between countries can also present legal hurdles, and, in some instances, the receiving financial institution may not even accept the bars because of their particular size or [...]

2017-01-26T19:57:02+00:00 May 12th, 2015|Categories: 1031 Exchange|Tags: , |

Defer taxes with a 1031 exchange

If you are planning on selling and buying business or investment assets this year, a 1031 exchange is a great way to defer taxes on capital gains or depreciation recapture. You may be wondering, what types of assets are exchangeable? Generally all real estate is considered to be “like-kind.” However, in other types of exchanges, [...]

Fifteen minutes could save you millions of dollars

Internal Revenue Code 1031 allows for the deferral of gains on the sale of an asset when the gain is reinvested in a like-kind asset within 180 days. This transaction is called a 1031 exchange. For an exchange to be valid, the exchanger cannot have control over, or benefit from, the proceeds from the sale [...]

1031 exchanges have a positive impact on the United States economy

1031 exchanges have been a topic of Congressional discussion for decades. In California, for example, a Bill was introduced in 2010 to repeal the application of Internal Revenue Code Section 1031 to California taxes. But despite the occasional plea to eliminate or constrain the program, the outcome of those discussions has been that the benefits [...]

Save money when selling your aircraft with a 1031 exchange

When it comes time to sell your aircraft, a 1031 exchange is the best way to help you defer taxes and save money. Under IRC Section 1031, companies and individuals who exchange their old aircraft for a new one can achieve substantial tax savings by deferring capital gains tax or depreciation recapture upon the disposition [...]