Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property
Briefly stated, a 1031 exchange is a legal IRS provision that allows a property owner to avoid taxes on the sale of their investment/business real estate by acquiring another like-kind investment/business property within certain IRS requirements & time limits.
BEWARE OF TAXABLE GAIN ON PERSONAL PROPERTY UNDER REVISED 1031 EXCHANGE RULES
About Al Aielloβs Information Services Unlimited:
The late β―Albert Aiello was a real estate investor for over 25 years. He also got his real estate license and went on to broker millions of dollars of real estate. He was tired of overpaying taxes on his deals, such taxes going out the window to the government and not legally in his pocket. Like you, he found out that there was (and still is) anβ―overwhelming lack of real estateβ―tax expertise. So, he decided to do something about itβ¦
- He got his CPA (passed the first time)
- Then a Masters in Taxation Degree (with highest honors)
- Upon graduation, he was hired as a tax professor where he taught entire semesters on partnerships, corporations, and real estate taxation (a course that he suggested, created and developed)
- β―Set up his own tax practice that specialized in real estate (He has since sold his practice)
A real estate investor until his passing, for decades Al has been considered by many gurus to be the number 1 speaker/expert on tax-saving strategies for real estate investors. With his systems, he has thousands of satisfied students across the country who use his powerful strategies to pay little or taxes, to IRS audit-proof their returns and to protect their assets. Al was also known to have high integrity; wasβ―professional, congenial and well-liked by his students and many others.
Today Alβs Information Services Unlimited is headed by his daughter, Janine Golini. Janine worked alongside Al for over 25 years before taking over as head of the company. As the government passes new tax legislation, the programs are updated by ISU to keep you up to date.
Al may be gone, but his legacy lives on.
Sale page: Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property