Like-Kind Exchange vs. Sales Analyzer
Microsoft Windows. (For Windows 7, 64-bit, run and install in the XP Mode.) 8 MB of RAM. 1.5 MB of hard disk space.
$99 (+$7 S/H)
There are more Like - Kind Exchanges, §1031, than ever before. Several changes to §1031 in 1991 are responsible for this increase. One of the changes in 1991 had to do with Qualified Intermediaries. Qualified Intermediaries, sometimes called §1031 facilitators, take a fee for turning what would have been two sales into an exchange. Qualified Intermediaries have actively promoted to accountants, attorneys, and brokers the benefits of §1031. You might be recommending a Like - Kind Exchange to your client. A lawyer or broker might be recommending the exchange to your client. Often §1031, are large dollar transactions, and your client is relying on you to explain the benefits and problems with an exchange. Certainly, your client is expecting you to do the compliance work. This program will help you explain the cashflow cost and savings with a §1031. The program will show the current year-after-tax cashflow savings with the exchange compared to a sale and a purchase. It will also show what the after tax cashflow cost might be from a reduced basis for the new asset. This program will also help you with the compliance work. You can use it to determine the Realized Gain or Loss, Recognized Gain, and Basis of the new asset. It deals with the problems of loans on the properties, boot received or paid and exchange expenses.
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