Moreno Valley California Tax Free Exchange Package

State:
California
City:
Moreno Valley
Control #:
CA-P064-PKG
Format:
Word; 
Rich Text
Instant download

Description

The Tax-Free Exchange Package contains essential forms to successfully complete a tax-free exchange of like-kind property.

This package contains the following forms:

(1) Exchange Agreement

(2) Exchange Addendum

(3) Certification Of No Info Reporting On Sale Of Exchange

(4) Like-Kind Exchanges

(5) Sale of Business Property

(6) Personal Planning Information and Document Inventory Worksheets

Detailed Information on each form:

1. Exchange Agreement - This form is used to establish the intent to enter into an exchange agreement and to otherwise qualify the contemplated transactions under the qualified intermediary safe harbor.

2. Exchange Addendum - In this form, the parties amend an existing contract to buy and sell real estate and agree that the Exchanging Party's rights under the contract are assignable prior to closing to structure an exchange of the property under Section 1031. The Cooperating Party agrees to reasonably cooperate in such exchange with the Exchanging Party.

3. Certification Of No Info Reporting On Sale Of Exchange - Complete this form to determine whether the sale or exchange should be reported to the seller, and to the Internal Revenue Service on Form 1099-S, Proceeds From Real Estate Transactions.

4. Like-Kind Exchanges - This form is used to report each exchange of business or investment property for property of a like kind to the Internal Revenue Service.

5. Sale of Business Property - This form is used to report gains, losses and recapture amounts from the sale of business property and involuntary conversions.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Moreno Valley California Tax Free Exchange Package?

If you are searching for a relevant form, it’s extremely hard to choose a better platform than the US Legal Forms site – probably the most considerable libraries on the web. Here you can get a large number of templates for business and personal purposes by types and states, or key phrases. With our high-quality search function, finding the latest Moreno Valley California Tax Free Exchange Package is as elementary as 1-2-3. In addition, the relevance of each and every document is verified by a group of skilled lawyers that regularly review the templates on our website and revise them in accordance with the latest state and county regulations.

If you already know about our platform and have an account, all you need to receive the Moreno Valley California Tax Free Exchange Package is to log in to your profile and click the Download button.

If you make use of US Legal Forms for the first time, just refer to the instructions below:

  1. Make sure you have opened the form you require. Look at its explanation and utilize the Preview feature to explore its content. If it doesn’t suit your needs, use the Search field near the top of the screen to find the appropriate record.
  2. Confirm your selection. Choose the Buy now button. After that, pick your preferred pricing plan and provide credentials to register an account.
  3. Make the financial transaction. Make use of your bank card or PayPal account to finish the registration procedure.
  4. Get the form. Select the format and download it to your system.
  5. Make changes. Fill out, edit, print, and sign the received Moreno Valley California Tax Free Exchange Package.

Each and every form you add to your profile has no expiration date and is yours permanently. You always have the ability to gain access to them via the My Forms menu, so if you want to have an additional copy for enhancing or printing, you can come back and save it again anytime.

Take advantage of the US Legal Forms extensive library to gain access to the Moreno Valley California Tax Free Exchange Package you were looking for and a large number of other professional and state-specific templates on a single platform!

Trusted and secure by over 3 million people of the world’s leading companies

Moreno Valley California Tax Free Exchange Package