by Bill Jones | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
1031 EXCHANGE The sale or disposition of real property (relinquished property) and the acquisition of like-kind real estate (replacement property) structured as a tax-deferred, 1031 exchange transaction pursuant to Section 1031 of the Internal Revenue Code and Section...
by Bill Jones | Nov 4, 2018 | Investing With Conatus 101
ACCELERATED DEPRECIATION A depreciation method that allows investors to deduct a greater portion of the cost of depreciable property in the first years after the property is placed in service, rather than spreading the cost evenly over the life of the asset. It is...
by Bill Jones | Nov 4, 2018 | 1031, Investing With Conatus 101
ACCOMMODATOR An unrelated party who holds funds in escrow in the tax-deferred, 1031 exchange. The Accommodator has no economic interest except for any compensation (exchange fee) it may receive for acting as an Accommodator in facilitating the exchange as defined in...
by Bill Jones | Sep 12, 2018 | 1031, Investing With Conatus 101, single family rental property
ALTERNATIVE MINIMUM TAX A supplemental income tax imposed by the United States federal government required in addition to baseline income tax for certain individuals, corporations, estates, and trusts that have exemptions or special circumstances allowing for lower...
by Bill Jones | Sep 11, 2018 | 1031, Investing With Conatus 101
ADJUSTED BASIS The total cost of an investment property adjusted for depreciation and capital expenditures. Your CPA, Tax Attorney and/or cost segregation will have the most insight on specific calculation. This is a key metric utilized in the determination of capital...