Episode 117 with Jeff Simpson of Simpson Land Group Jake at The Land Podcast was gracious enough to reach out and want to 'Talk Kansas'. You'll never see us pass up on that! Enjoy the episode by clicking the link...
Land Investing
To understand the powerful protection a 1031 exchange offers, consider the following example:Assume an investor has $400,000 in gain and also $400,000 in net proceeds after closing. Assuming an investor with a $400,000 capital gain and incurs a tax liability of approximately $140,000 in combined taxes (depreciation recapture, federal capital gain tax, state capital gain tax, and net...