EP 18 - Unraveling the Mystery of FIRPTA Withholding and 1031 Exchanges
1031 Exchange transactions are complex and confusing, especially when adding a foreign seller to the equation that falls under the mandatory Federal FIRPTA withholding requirements. Our guest expert Michael W. Brooks, Esq., helps us demystify the mandatory Federal FIRPTA withholding requirements when a 1031 Exchange is involved. Discussion includes a breakdown of who falls under the mandatory Federal FIRPTA withholding requirements, how much FIRPTA withholding is required, how to obtain a Certificate of Exemption to the FIRPTA withholding requirements, and how FIRPTA withholding can complicate a 1031 Exchange transaction.
Email your 1031 Exchange questions to ASK@exeterco.com and we’ll address them in our next episode.
Host:
William L. Exeter
President and Chief Executive Officer
Exeter 1031 Exchange Services, LLC and Exeter Trust Company
(619) 239-3091
wexeter@exeterco.com
Mark Turok
Business Development Office
Exeter 1031 Exchange Services, LLC
(619) 764-6332
mturok@exeterco.com
Special Guest:
Michael Brooks, Esq
DIRECTs
(760) 989-3413
michael@directsllp.com
#TheExeterGroup #Exeter1031 #ExeterTrust #WilliamLExeter #MarkTurok # DIRECTs #MichaelBrooks #1031Exchange #FIRPTA
-
1:53:00
The Exeter Edge™
3 years agoUnraveling the Mystery of 1031 Exchanges
86 -
21:11
Go Ahead, ASK! Podcast
3 years agoEP 05 - Unraveling the Mystery of 1031 Exchanges – “The Taxpayer”
91 -
19:30
Go Ahead, ASK! Podcast
3 years ago $0.03 earnedEP 08 - Unraveling the Mystery of Tax-Deferred and Tax-Exclusion Strategies other than 1031 Exchanges
110 -
26:25
Go Ahead, ASK! Podcast
3 years ago $0.01 earnedEP 04 - Unraveling the Mysteries of 1031 Exchanges, Part 2
21 -
1:24
Exeter 1031 Exchange Services, LLC
3 years agoReverse 1031 Exchanges
10 -
40:24
Go Ahead, ASK! Podcast
3 years ago $0.03 earnedEP 07 - Unraveling the Mystery of “Qualified Opportunity Zone Investment Funds”
83 -
36:31
Go Ahead, ASK! Podcast
3 years ago $0.01 earnedEP 02 - 1031 Exchanges Threatened Again
23 -
44:22
Go Ahead, ASK! Podcast
3 years ago $0.03 earnedEP 12 - Unraveling the Mystery of Title Holding Trusts (Land Trusts)
136 -
33:48
Go Ahead, ASK! Podcast
3 years agoEP 01 - Unraveling the Mysteries of 1031 Exchange, Part 1
23 -
0:46
The Exeter Group of Companies
3 years agoProposal to Eliminate 1031 Exchanges
19
