1031 Exchange Expert: Qualified Intermediary, 1031 Exchanges, Accommodator, California and the U.S., etc., etc,

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Services for Real Estate Pros - The Law Offices of Elisabeth A. Lambert
RECENT BLOG POSTS
[REVISION 7/4/08 (original post 7/3/08): The purpose of this post is to educate the public regarding the value a GOOD agent will bring to the transaction, why their fees are justified and how to find a GOOD agent] Over the past few days there has been a HEATED ongoing debate regarding whether age...
07/03/2008
  ARE WATER RIGHTS LIKE-KIND PROPERTY?   On May 22, 2008, Congress enacted the Food, Conservation and Energy Act of 2008 which is often referred to as the Farm Bill. Among other things, the Act amends IRC Section 1031(a)(2)(B) to exclude mutual ditch, reservoir or irrigation company stock from th...
07/02/2008
Good news for Central Valley and Sierra foothill residents related to the recent wildfire activity! The cooler weather and higher humidity levels have allowed fire crews to begin to make progress on the Oliver fire located southwest of Yosemite National Park. The Oliver fire is now 75% contained...
07/02/2008
Friday, June 27 - 8:30 am Forwarded to me from the Yosemite Gateway Association of Realtors  THE FOLLOWING INFORMATION WAS OBTAINED FROM THE SIERRA NATIONAL FOREST BASS LAKE RANGER DISTRICT & CAL FIRE Three fires are located northwest of the town of Oakhurst, south of Fish Camp, just south of Pon...
06/27/2008
A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post. If you w...
06/26/2008
I recently received an email from the Yosemite Gateway Association of Realtors indicating that the firefighters who have been fighting the Silver Complex fires could use donations for incidental supplies to make them more comfortable while they are protecting our homes and forests. If you are in...
06/26/2008
Thursday, June 26 - 10:00 am THE FOLLOWING INFORMATION WAS OBTAINED FROM THE SIERRA NATIONAL FOREST BASS LAKE RANGER DISTRICT & CAL FIRE Three fires are located northwest of the town of Oakhurst, south of Fish Camp, just south of Ponderosa Basin, and in the Timber Loft area. Fire suppression effo...
06/26/2008
  I know it sounds weird but it could help an investor in a very specific set of circumstances. In the last post we examined the options available for taxpayers who had debt forgiven or canceled on their principal residence.  But what about those who own investment property who are facing a short...
06/26/2008
A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post. If you w...
06/26/2008
YES!  This issue has come up twice this week. Once on an AR blog and once in the course of my business. So here you go. . . When a client selects a Qualified Intermediary (QI, accommodator, facilitator) and decides to open an exchange account a number of contractual things need to happen before t...
06/12/2008
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Lisa Lambert

Esq. 1031 Exchange Expert
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