Things To Do in Old Fourth Ward, Midtown, Virginia Highlands, Inman/Candler Park and Grant Park, Georgia Provided by Andrew Malone

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Welcome > Local Info > Things To Do ...

Things to Do in Old Fourth Ward, Midtown, Virginia Highlands, Inman/Candler Park and Grant Park

ENTERTAINMENT	MUSEUMS
Concerts Chastain Park Amphitheater Fox Theater Georgia Dome Hi-Fi Buys / Lakewood Amphitheater Phillips Arena The Roxy The Tabernacle Variety Playhouse Sports Stadiums Georgia Dome Gwinnett Arena Phillips Arena Turner Field	MUSEUMS Apex Museum Atlanta History Center Center for Puppetry Arts Fernbank Museum of Natural History High Museum Imagine It! The Childrens Museum of Atlanta Margaret Mitchell House & Museum
SHOPPING
Atlantic Station Discover Mills Gwinnett Place Mall Lenox Mall Mall of Georgia North Georgia Premium Outlets North Point Mall Perimeter Mall Phipps Plaza Underground Atlanta

There's so much to do in Old Fourth Ward, Midtown, Virginia Highlands, Inman/Candler Park, and Grant Park! Let me send you my FREE relocation package about this great area. There's NO obligation, and I promise to respond quickly...

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Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Q	What little-known folk remedy is said to help keep bats away from your home?
A	According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats!
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Andrew Malone, REALTORŽ, real estate agent and broker for Old Fourth Ward, Midtown, Virginia Highlands, Inman/Candler Park and Grant Park, Georgia home listings, property and land for sale - Best Image Agent(s)

Andrew Malone
RE/MAX Around Atlanta
240 Sandy Springs Place
Atlanta, GA 30328
Cell: 404.246.3265
Office: 404.252.7500
E-fax: 800.385.1350
Fax: 404.974.4930
Email: andrewmalone@NUMBER1EXPERT.com
Email: amalone@remax.net
Email: remaxofatlanta@gmail.com
I am a Cum Laude graduate from Georgia State University with a degree in Finance and Marketing. I began my real estate career after graduating from college at the age of 23. I have been an individual practitioner in real estate for 9 years with RE/MAX in Atlanta, Georgia. I have helped over 250 familes find homes and average 30 home sales/year. My successes include: Presidents club 1 year, 100% club 5 years, Platinum club 1 year, Top New Agent 2004, #2 Agent in office 2006, #1 Agent in office 2007 & 2008, Top Team 2009 & 2010, Real Estate Lifestyle Magazine Rising Real Estate Star 2007, Jezebel Magazine - Who's Who in Atlanta 2010.

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