The application can even help you work through the typical "Three-Legged" exchange, where one party acts as a middleman, buying the property that the exchanger wants to acquire and then swapping it to him or her.
Designed for investors, real estate brokers and facilitators, this easy-to-use program allows you to balance equities, evaluate boot given and received, estimate the realized and recognized gains and calculate the transfer basis. Convenient worksheets help you build samples (i.e. pro formas) of IRS Form 8824.
Data entry to define properties, ownerships and exchanges is simple and direct. Play "what if" with ease. Change any assumption and the program recalculates everything instantly.
Can this deal be structured to defer all or most of the gain? The resulting reports clearly show property and transaction details and provide immediate answers to such critical questions.
Includes detailed instructions, glossary help notes and free technical support.
|