tax services Archives

Understanding the Tax Implications of Removing a Name from the Deed in Alabama

January 28, 2026 by Landifyr Team

Introduction to Deeds and Property Ownership in Alabama A deed is a legal document that conveys the ownership of property from one individual to another. It plays a crucial role in real estate transactions in Alabama, defining the rights and interests that an owner holds in a property. The primary types of deeds utilized in … Read more

Understanding the Tax Consequences of Failed Exchanges in Utah

January 17, 2026 by Landifyr Team

Introduction to Like-Kind Exchanges Like-kind exchanges are governed by Section 1031 of the Internal Revenue Code, providing a framework that allows real estate investors to defer capital gains tax on an investment property when it is exchanged for a similar property. The fundamental premise of a like-kind exchange is that it does not constitute a … Read more