Become a Certified Exchange Accommodator by passing a rigorous certification exam and passing an ongoing education requirement. The FEA established the CES certification to raise the level of professionalism in the exchange facilitation industry. The FEA’s CES certification is the first of its kind and was developed through three years of research and consultation with more than 100 exchange accommodators. The CES designation ensures that the exchange accommodator has the necessary knowledge and experience to effectively facilitate exchange transactions. Those who can act as exchange accommodators can be licensed real estate agents, lawyers, title professionals, accountants, and independent financial consultants. Exchange accommodators like 1031 Exchange Texas are experts in the process of buying and selling foreign properties. They can help you avoid the pitfalls and get the most out of your exchange by offering sound advice. Listed below are some of the advantages of hiring a qualified exchange accommodator: The Exchange Accommodator must have legal title to the property being transferred and must be subject to federal income tax. This property must be held in the legal title until the replacement property is transferred. Furthermore, the taxpayer must have a bona fide intent to engage in a qualified exchange and hold legal title to the property until it is transferred to the new owner. These are a few of the many benefits of working with an Exchange Accommodator. Using an Exchange Accommodator to exchange your real estate is an excellent option for those who are looking to maximize their tax benefits. However, a reverse exchange is not an alternative to a forward exchange because the replacement property cannot be sold first. The replacement property must be parked for 180 days with the Exchange Accommodator’s Titleholder before the reverse exchange takes place. The reverse exchange process is a bit different from a forward exchange, but it does allow the taxpayer to have control over the replacement property. As an Exchange Accommodator, you’ll need to comply with the Federation Of Exchange Accommodators’ strict code of ethics. The FEA is the industry trade association that oversees the certification of intermediaries. The safe harbor procedure in the reverse like-kind exchange is important. Rev. Proc. 2000-37 provided a safe harbor for exchanges involving real estate that was previously owned by a taxpayer within 180 days. The IRS will not challenge the property’s qualification as a replacement or relinquished property as long as it is a qualified exchange accommodation arrangement. In addition, a qualified exchange accommodation arrangement is subject to the safe harbor provisions set forth by the Internal Revenue Service. A Qualified Intermediary, also known as an Exchange Accommodator, is a professional who completes all paperwork for a compliant exchange and holds the funds that result from the sale of relinquished assets in escrow. An Exchange Accommodator’s role is critical to the successful completion of the exchange transaction, as any misstep or error can disqualify your exchange and lead to substantial tax liability. In addition to being a qualified intermediary, an Exchange Accommodator will help you navigate the complicated rules of exchanges. These regulations are very strict, and improperly followed may result in an unnecessary tax liability. Whether or not you’re a qualified exchange accommodator, it’s always better to use the services of an expert in this area. Parking transactions are also a popular type of exchange. With this type of transaction, a third party holds a replacement property and exchanges it with the owner of the relinquished property. In return, the accommodator receives the relinquished property and distributes it among its customers. This way, both parties benefit from the parking exchange. However, it’s important to be aware of the risks associated with parking exchanges.
The last 18 months have seen the demand for external shading systems (in particular house awnings) skyrocket – a trend that shows no signs of slowing down. A national lockdown paired with some of the best weather the UK has ever experienced has resulted in people spending more time in their gardens and outdoor spaces … The post The rising popularity of house awnings across Europe appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=802
2021 was an extremely exciting year in Eljays44’s development as Pro Landscaper launched into the consumer sector with a new brand, Dream Garden. Hitting the shelves in May earlier this year, the launch of Dream Garden was a huge success. Since then we have released seven more issues – all jam-packed full of inspiration, innovation, discussion, … The post 12 Days of Christmas: Dream Garden hit retailers’ shelves appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=796
A restoration scheme to revitalise one of Salford’s most historic sites has won a top national award. Worsley Delph was the birthplace of the Bridgewater Canal in 1761 which was a catalyst for the Industrial Revolution. Work to make the site more visitor friendly was carried out as part of a £5.5 million physical regeneration … The post Salford regeneration scheme wins top national award appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=790
Over 3,000 global experts and concerned citizens have joined together to sign the ‘Kew Declaration on Reforestation for Biodiversity, Carbon Capture and Livelihoods’, spearheaded by the Royal Botanic Gardens, Kew (RBG Kew) and Botanic Gardens Conservation International (BGCI). The declaration calls for the implementation of policies and frameworks to protect intact forests and for policymakers … The post Reforestation under the microscope again appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=787
In March, idverde’s UK CEO Doug Graham, announced he was stepping down after a strong four years in the role. Doug led the business through a significant growth period. idverde’s President, Hervé Lancon, explained: “He played a key part within the wider idverde Group that has grown from €250m turnover and 3,000 colleagues in 2014 … The post 12 Days of Christmas: idverde UK announced new CEO appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=784
The Society of Garden Designers has announced the winners of the ninth annual SGD Awards at a live event in London celebrating standout projects from across the industry. The most prestigious award of the night – The Grand Award – was presented to Sara Jane Rothwell MSGD for a stunning sloped garden in London which the … The post Winners of the SGD Awards revealed appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=778
With trees one of the Government’s top priorities at COP26, the Woodland Trust has warned that the UK risks failing to meet its carbon net zero ambitions unless more trees are planted, woodland restored and the condition of woods improved. The stark prediction comes just weeks before international climate change conference COP26 and on the … The post Plant more trees or miss vital climate change targets appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=775
Longstanding landscape supplier, Green-tech, saw some big changes this year. In March, the company was acquired by Origin Enterprises, a focused Agri-services group providing specialist on-farm agronomy services, digital agricultural services, the supply of crop technologies and amenity inputs. With the intention of enhancing Green-tech, the investment was made to help drive product development and … The post 12 Days of Christmas: Green-tech acquired and new managing director revealed appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=772
House prices in England grew by 9.8% in the year to August 2021, up from 7.5% in July 2021. The North East was the fastest growing region, with annual growth of 13.3% in the year to August 2021. The lowest annual growth was in London, where prices increased by 7.5% over the year to August … The post Price of a UK home skyrockets in the year to August appeared first on Pro Landscaper Magazine. Did you miss our previous article… https://mountainlandscapesnc.org/?p=769
