TAX DEFERRED 1031 for Vacation Homes

Posted on June 3rd, 2008 by Joyce Murphy Realtor

Finally — IRS Guidance on Exchanging Vacation Homes Revenue Procedure 2008-16 Provides Safe Harbor
Until now, the issue of whether a vacation home qualifies for tax deferral treatment under IRC §1031 was the subject of much scrutiny and uncertainty. To the delight of many tax practitioners, on February 15, 2008, the IRS eliminated that uncertainty by [...]

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Filed under: Real Estate Information

WHY ARE SO MANY FOR SALE?

Posted on June 3rd, 2008 by Joyce Murphy Realtor

A NEW CLIENT RECENTLY ASKED WHY she saw so many units available in Alii Lani. The answer I gave her was a bit complicated. I have reprinted it here.
FIRST ALII LANI IS A HUGE COMPLEX and so a normal percentage of units on the market there appears to be a lot when you just look [...]

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Filed under: Living in Kona, Real Estate Information