Services

• Determine if the property qualifies for a tax-deferred exchange.
• Balance the equities between the relinquished property and the replacement property.
• Calculate the adjusted basis of the relinquished property.
• Calculate the amount of exchange expenses.
• Calculate the amount of capital gain from the sale of the relinquished property.
• Calculate the estimated amount of tax due from the sale of the relinquished property.
• Determine the estimated amount of cash to be received from the sale of the relinquished property.
• Calculate the savings by accomplishing a tax-deferred exchange.
• Determine the amount of suspended passive losses available to offset capital gain from the sale of the relinquished property.
• Calculate the amount to be invested in the replacement property to defer the maximum amount of capital gain.
• Prepare the Exchange Agreement.
• Prepare the necessary documents to convey the relinquished property from the exchangor to the buyer.
• Provide a safe-harbor for funds to prevent the taxpayer from violating the "access to funds rule."
• Prepare the letter regarding timing and identification of the replacement property.
• Prepare the necessary documents to convey the replacement property from the seller to the buyer.
• Assist with preparation of Form 8824, "like-kind" exchanges.