UPDATE: October, 2008
With an economic situation with particular challenges at hand, I'm asking 1031 Like-Kind Exchange Guru, Matt Linville to weigh in on this again. And in the meantime, here's an Asheville 1031 review...
Recently, I happened on an article about Lunch and Learn, a program designed to expand training and development for staffers. Lunch and Learn, I discovered ,could work to expand our real estate and real estate services training with a multi- outreach and professional education program. Because we are an Asheville Firm with a focus on 1031 Like-Kind Exchanges, this seemed like a great opportunity for staff and clients alike.
So, we opened our office doors to the public and inaugurated a "green investment (1031s encouraged) and sustainable issues"community and neighborhood outreach venue.
Our informal lunch-time chats, previously untitled, could become Asheville's own "1031 green" real estate's Lunch and Learn forum. Does that sound like a Plan to you? It sure did to all the Active Rain Members at our Firm here in Asheville...
Typical Lunch and Learn programs include:
1031 & Green
Qualifiers & the 1031
Active Rain Members who enjoy camaraderie at our Firm here in Asheville (7 of us.you can see Bill, Sami, Gabe and Rhodes, in the photo to the right) invited another Active Rain Member, and 1031 Qualified Intermediary, Matt Linville to kick off our Lunch and Learn program.
Matt had informed all of us at Active Rain that there are some seriously important new developments that real estate professionals need to know if we work in the 1031 arena, so we were excited to hear what Matt had to say.
I, for one, wanted to know what might be new in terms of second/vacation homes, land and conservation properties as investments.
I had a good conversation with him during our Lunch and Learn session. This opportunity to speak informally with the Experts may be one of the greatest benefits of the Lunch and Learn Program, I thought.
Matt had posted on the proposed 1031 Like Kind exchange affects of the new Farm Bill currently under consideration...on his BLOG not long ago, and I wanted to know more about that, too.
Making the exchange of collectibles no longer able to qualify for tax deferment was a concern to me. And, I stayed concerned until I read his update Farm Bill Update....1031 Like Kind Exchange . Matt informed us that " The update will bring good news to those taxpayers who exchange collectibles. The proposed change to their qualifying nature has been dropped from the bill. So, exchange those collectibles as normal!"
Of course, real estate professionals being who we are, an inquisitive bunch for certain, especially those of us who are into the "green is red hot" thing, we had numbers of questions about conservation and socially-conscious investing as it pertains to the 1031 Like Kind Exchange ready for Matt.
And here he was, right in our Lunch and Learn, and with all the latest news. "I will continue to keep you up to date as things happen!" Matt promised us. . .
...and I will answer questions if you ask them in comment section below. .."
Copyright © 2008 All Rights Reserved Asheville ECO Real Estate: Trends, Legacies & The Home Place Greenolina
Your Home for Today and Tomorrow- Smart UP-Fitting
GO HERE - for Tips & Talking Points.
Home Decorating, New Space Design
"Helpful starting points for talking about and designing
a functional and BEAUTIFUL lifelong home."
Asheville NC Real Estate Journal for RESOPURCES & REFERRALS -Mountain Homes and Land Legacies- Asheville 1031 Realty© 2014. Designations: NAR GREEN®, EcoBroker®, Eco Certified ®Real Estate Consultant, ePRO®. Unauthorized reproduction of any information including photos and graphics on this site is a violation of existing copyright laws. All rights reserved.
he Necessary Disclaimer! We disclaim liability for damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to our blogs.
* INFORMED CHOICES* THOUGHTFUL ADVICE* DATA INTERPRETATION*
-Tell us what is most important to you-
Email me janeAnne@janeAnne.com or give a call at: 828-776-0779