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It is not difficult to be a recognized real-estate investor provided you know the tips and tricks of investing in profitable segments. If you are a real estate investor planning to sell a property in Texas Jalen Ramsey Jersey , then you should avail the benefit of a 1031 Exchange instead of selling it outright. This will help you to make use of every single penny you earn instead of paying a certain potion of your earnings to the Government as taxes. But to make the optimum use of such an exchange opportunity you must know when and how to make the investment.

Some essential considerations for a 1031 exchange
Doing 1031 Exchange Investments in Texas allows the investor to keep more money in the pocket by deferring all the capital gains tax arising from the sale of an investment property. However, the guidelines surrounding a 1031 exchange are stringent. Below are six rules that an investor needs to necessarily follow if he wants to avail the benefit of a 1031 exchange:


Rule-1 Investment or Business Property


A property to be eligible for a 1031 exchange must be held for either investment or business purpose. So, it is not possible to avail such benefit on your primary residence.
Rule-2 45-Days Identification Window


Post-closing of the first property Leonard Fournette Jaguars Jersey , the property owner gets up to 45 calendar days to identify three potential properties of like-kind to use as replacement in the exchange.
An exception to this is the 200% rule in which four or more properties can be identified as long as the combined value is less than 200% of the value of the sold property.
Rule-3 180-Days Purchase Window


It is mandatory to receive the replacement property and complete the exchange within 180 days from the sale of the exchanged property or within the due date for income tax return, whichever is earlier.
Rule-4 Qualified Intermediary


The investor must engage a qualified intermediary who is a third party which holds the money for exchange in the escrow.
Rule-5 Same Tax Payer


The title on the replaced property must be identical to that of the old property. Such as if the first property was held in the name of an individual, the new purchase cannot be put in the name of his LLC.
Rule-6 Greater or Equal value


Under a 1031 exchange Allen Robinson Jaguars Jersey , the investor is permitted to sell a real-estate property and reinvest the proceeds in a property of greater or equal value. The investor is not allowed to purchase a property less than the sale proceeds of the original property. This will not satisfy the purpose of deferring tax on capital gains.
Role of a Qualified Intermediary


1031 Exchange Investments in Texas are known to have wealth-compounding benefits. But this is only possible when you have a trusted qualified intermediary by your side. A qualified intermediary plays an essential role in the successful completion of a 1031 exchange. The services rendered by a Qualified Intermediary are as follows 鈥?p>

飪?Coordinates the exchanger of the structure of a 1031 exchange.
飪?Prepares relevant documents relating to the replacement property and the relinquished property.
飪?Provides necessary documents to the title company or the escrow relating to the exchange.
飪?Takes control of the fund generated through the sale of the relinquished property and deposit the same into a separate insured account.
飪?Acquires the replacement property in the name of the Qualified Intermediary and then transfer the title to the exchanger by a deed.
飪?Successfully completes the 1031 Exchange by submitting necessary documents to the exchanger and the IRS.


Before hiring a qualified professional ask for reference and ensure that the individual has fidelity insurance to protect against any fraud or negligence. An easy way to find a trusted Qi is to ask the local escrow officer for recommendation.

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MAPUTO, Sept. 27 (Xinhua) -- The Mozambican government denied on Wednesday the UN accusation of it for purchasing military weapons and equipment from a trading company in the Democratic People's Republic of Korea (DPRK).


More than two weeks ago the UN Security Council experts said in a report that a investment company under the Ministry of Defense of Mozambique paid six million U.S. dollars for DPRK arms, violating UN arms sanctions.


In reply to the UN report Blake Bortles Jaguars Jersey , Mozambican Defense Minister Atanasio M'tumuke said his government had nothing to fear because it had never bought arms from DPRK.


"These are false accusations. Mozambique has never bought arms from DPRK. We look forward to the investigation from the United Nations and we hope that they apologize for the allegations" after the investigation, said M'tumuke at the end of the Frelimo Party's 11th Congress that began Tuesday in Maputo.


The Minister of Foreign Affairs and Cooperation Oldemiro Baloi also rejected the UN allegations, but admitted that Mozambique has been cooperating with DPRK for many years.


"It is not true that we have bought weapons from DPRK recently. The only time we acquired weapons from it was the early days of the country's independence Womens Leonard Fournette Jersey , and this never happened again. But we maintain cooperation with DPRK," said Baloi.


According to the report, Mozambique was among the 11 African countries that violate the UN arms embargo on DPRK Womens Allen Robinson Jersey , which include Angola, the Democratic Republic of Congo, Eritrea Womens Blake Bortles Jersey , Namibia, Tanzania, Uganda Authentic Leonard Fournette Jersey , Benin, Botswana, Mali Authentic Allen Robinson Jersey , and Zimbabwe.


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