- Albert Aiello's
- TURBO-EXCHANGE
The Easy-To-Use 1031 Exchange Forms & Software Kit
The first do it yourself 1031 Exchange Forms & software
kit. Save thousands of dollars with the 1031 tax-free exchange AND with Turbo-Exchange...
save even thousands of dollars in fees.
How would you like to: Do The Powerful 1031 Exchange As Often As You Like...
Increase Your Wealth By Exchanging Into Financially Superior Property —Tax-Free...
do Your Exchanges Right— In Strict Accordance With IRS Rules (for little
or no fees), plus Have Total Control Of Your Exchanges?
What is Turbo-Exchange? Designed for standard, non-complex exchanges
(which most exchanges are), Turbo-Exchange is an easy-to-use 1031 exchange
forms & software kit. With the 1031 Tax-Free Exchange, you can save thousands
of dollars in
taxes. With Turbo-Exchange, you can save hundreds, even thousands of
dollars in legal fees, plus have total control of your tax-free exchanges. Turbo-Exchange
is authored by Albert Aiello, CPA, MS Taxation, RE Broker, RE Investor, National
Speaker.
How Did Turbo-Exchange Originate? Turbo-Exchange is part of the
comprehensive 1031 exchange systems manual of 1031 Realty Services, Inc., founded
by Albert Aiello, one of the most reputable exchange intermediaries in the country.
1031 Realty Services, Inc. was one of the first full services exchange intermediaries
to be established on the Eastern Coast of the United States. 1031 Realty Services,
Inc specializes in complex exchanges and is able to handle the most difficult
exchanges. Of course, 1031 Realty Services, Inc also excels in standard exchanges
as well. Thus, 1031 Realty Services, Inc is a proven leader in the field of
1031's. As part of this leadership, Albert Aiello felt a need to develop a program
to enable real estate investors to take full advantage of the 1031 exchange
without incurring substantial or even any legal fees.
What Does Turbo-Exchange Do? Even standard, straight-forward exchanges
have complexity and would therefore be too difficult to do for the average lay
person. However, in The Book of Survival, author, Anthony Greenback say this,
"To live through an impossible situation, you don't need the reflexes of
a Grand Prix driver, the muscles of a Hercules, the mind of an Einstein. You
simply need to know what to do." That's exactly what Turbo-Exchange
does -- tells you what to do, step-by-step in an easy-to-use format. (You can
even have your teenage children or grandchildren do the documents). But to have
gotten to this point of knowing what-to-do, Albert Aiello has spent many long
years of research in the specialized field of 1031's and in creating Turbo-Exchange.
Why is it Valuable? First, let's look at life without Turbo-Exchange.
Most investors are in the dark about 1031 exchanges. They are afraid of them!
Why? Well, over 90% of attorneys and accountants are not trained or experienced
to do 1031 exchanges. There are service companies out there who claim to be
expertise in exchanges. However, with most of these companies, the services
are done by non-tax individuals such as "title" people, clerks and
others without specialized tax & accounting expertise. The unfortunate results
have led to many 1031 exchange discrepancies, including nonqualifying
exchanges, costing thousands of dollars in taxes, interest and penalties. Moreover,
you have to pay fees ranging, on an average, from $700 to $1,500 (per exchange)
for these questionable services. With Turbo-Exchange in hand you now
have the power to do 1031 exchanges, right and save substantially on fees. Plus,
you can use the 1031 exchange repeatedly for every property that you sell at
a profit. You can also use Turbo-Exchange for your family. Again, you
save substantial fees in doing so.
You can use Turbo-Exchange for others on a fee basis and not only save fees,
but
generate other income! Moreover, even if you still use a professional service
to do your exchange, with Turbo-Exchange you will not have to loose sleep wandering
if your exchange is being done right, or not. Turbo-Exchange will correctly
guide you throughout your 1031 exchange. You have much more control over your
exchange and your financial well being!
Another great thing about Turbo-Exchange is that you can start your exchange
immediately, even at the last minute. You do not have to wait for and depend
on "others" to start your exchange. With Turbo-Exchange you have your
own in-house exchange consulting service at your disposal. Turbo-Exchange is
an absolute must for your wealth building library!
You can use Turbo-Exchange for others on a fee basis and not only
save fees, but generate other income!!!
The Turbo-Exchange Kit Includes:
- A list of the blank Turbo-Exchange documents with instructions. The documents
are listed in the sequence that they are generally used.
- The necessary exchange documents, themselves, on disk (see below).
- How to use Turbo-Exchange to its fullest advantage.
- How to use, or form your own intermediary company at little or no cost.
- A step-by-step example of a real world exchange. The example shows the exchange
process, in a simple format, from beginning to end. Learn the secrets of the
pros!
- Completed exchange documents for this example. Before each completed document
is a cover page with a plain-language explanation of the particular document.
- The essential and current IRS Requirements for a qualifying exchange, in
plain language, with tax law citations. (Includes how to use 1031's for quick
flips).
- A 45-Day & 180-Day Calendar Grid Chart - With this chart you can quickly
and accurately determine your important 45-day & 180 day deadlines. The
chart is also on disk.
- The correct 1031 exchange computations, with planning tips. (Most do these
wrong)!
- A Reminder Checklist of Your 1031 Exchange. So you do not miss any important
detail and end up unnecessarily paying taxes.
About The Model Turbo-Exchange Documents:
==> They are in strict accordance with current IRS Regulations. They are
airtight, bulletproof! (Improper documentation will result in a disqualified
exchange, M. Hillyer, TC Memo 1996-214, and many other tax court cases)
==> They contain the essential, clear-cut 1031 exchange "magic"
language, yet they are easy to understand.
==> They are in blank formats, on Turbo-Exchange disks (IBM compatible,
Microsoft Word for Windows).
==> Each blank formatted document includes easy-to-follow, step-by-step,
paint-by-the- numbers instructions. The documents are listed in the sequence
that they are generally used.
==> There are also sample filled-in, completed documents in the sequence
that they are done.
==> You generally only need to prepare an average of 8 to 10 documents
per exchange, and each document has about 6 or 7 simple insertions (date,
name, address, etc.).
==> You can even hire your teenage children (or other family members) do
the documents. Plus, convert nondeductible family allowances into tax saving
deductions!
"Ordinary people doing extraordinary things." --
Michael E. Gerber, The E Myth
This is Turbo-Exchange!
To be your own intermediary company, IRS Regulations require
that you use an independent company in which you and certain other related parties
have no more than a 10% ownership interest in the company. Here are several
low-cost options where you can have total control, use Turbo-Exchange for your
own exchanges and be in total conformity with IRS Regulations:
OPTION 1. YOU (OR YOUR ASSISTANT) PREPARE ALL OF THE EXCHANGE DOCUMENTATION
AND USE A TITLE COMPANY OR BANK FOR YOUR INTERMEDIARY: Title agencies, escrow
companies and banks can be intermediaries or escrow agents. This is so even
if you have used the title agency, escrow company or bank for the services they
offer. You will find some title agencies who are just glad to get your title
work and charge a nominal fee or no fee at all, especially if they
are fully disclaimed* from the exchange. (*The Turbo-Exchange Retainer Agreement
contains full disclaimers). In fact, some will even prepare the Turbo-Exchange
documents. This is especially so if the title agency does the title for both
the relinquished and replacement properties (which is very frequent in a simultaneous
exchange). The title agency can also escrow the sales proceeds. For names of
title agencies, check with real estate agents, real estate attorneys, real estate
schools, real estate investor associations or the yellow pages, under "Title
Companies".
OPTION 2. USE A SEPARATE UNRELATED CORPORATION TO BE YOUR OWN
INTERMEDIARY. Use a C-corporation as the intermediary entity with you as
a 10% stock owner with voting shares. You can be the president, chairman of
the board and make the important decisions. The other 90% stock ownership can
not be you or your lineal family. It also can not be your attorney, accountant,
real estate agent or mortgage banker. It needs to be totally unrelated parties.
However, cousins, aunts, uncles, nieces, nephews, close friends or business
associates are not considered related parties for the purpose of this provision.
Anyone of them can own the other 90%. The 90% stock ownership is NON-voting
shares, so this portion of the ownership has NO say in the management of the
company. They may or may not be an officer or director. They do not have to
be. Note that for the purpose of NON-voting shares, you can not use an S-Corporation,
because an S-corp is a pass-through entity where individual K-1's of the shareholder's
proportionate share of income or losses must be issued to all shareholders.
This would cause recordkeeping confusion. For this same reason, you also do
not want to use other pass-through entities such as LLC's or any type of partnership.
With a C-corp there are no such K-1 reporting forms and thus less hassles.
If you cannot find an unrelated 90% non-voting owner, Albert Aiello
will allow you to use one of his intermediary companies to be the unrelated
90% non-voting owner. Remember, the shares are non-voting so the company will
have no say on how you
should run your company and does not have to receive any compensation. You will
also be provided with legal experts who are experienced in setting up your intermediary
corporation in this manner at very reasonable one-time fees. Plus, Al will show
you how to take monies out of a C-corporation without paying double taxes or
even any taxes at all.
OPTION 3. HAVE RECIPROCAL ARRANGEMENTS WITH OTHER UNRELATED
INTERMEDIARY COMPANIES. Another way of using an intermediary company for
your exchanges and not violating IRS 1031 requirements is to have a reciprocal
arrangement with another unrelated person's intermediary company. They use your
company for their exchanges which your company preferably charges them a fee,
and vice versa, you use their company for your exchanges which their company
preferably charges you a fee.
OPTION 4. AS A POWERFUL REFERENCE TOOL IN YOUR LIBRARY.
Even if you still use a professional service to do your exchange, with Turbo-Exchange
you will not have to loose sleep wandering if your exchange is being done right,
or not. Turbo-Exchange will correctly guide you throughout your 1031 exchange.
You have much more control over your exchange and your financial well being!
Moreover, you can save on fees by Al allowing you to share his program with
the 1031 service company.
Included with Turbo-Exchange are these FREE bonuses:
FREE BONUS 1: One-year email 1031 hotline advisory service
with 1031 expert Al Aiello. You can contact Al by email or fax with your
1031 questions as many times as you want. Responses are quick and reliable.
You'll receive the highest level of 1031 exchange expertise. This service has
prevented many of Al's students from making costly mistakes and has saved them
thousands of dollars in taxes! This is a great resource that you will not find
anywhere else!! This is a $650 value. Yours Free!
FREE BONUS 2: One-year 1031 tax law and document e-mail update.
This is another great resource. Al will keep you updated with the latest important
1031 tax law changes. Al will weed out the "fat" and give you the
essence of these changes in plain language with pertinent 1031 planning tips.
This is a $500 value. Yours Free!
FREE BONUS 3: Permission to Use Turbo-Exchange for Others On
A Fee Basis. You can use Turbo-Exchange for others on a fee basis and not
only save fees, but generate other income! This is a $750 value. Yours
Free!
FREE BONUS 4: The 1031 Money Machine. This comprehensive
guide unlocks the mystery of 1031's by describing the entire 1031 process in
detail, using a vast array of real-world scenarios. It shows how by zeroing
out all taxes on the sale of their property, an investor can free up much more
cash equity to be reinvested in superior properties. Written in plain language,
it dispels many of the myths about this vehicle of wealth accumulation. $49.00
Value. Yours Free!
FREE BONUS 5: These special reports:
- How To Increase Your Wealth With 1031 Exchanges.
- Create A Lucrative Source Of Income With Your Own 1031 Exchange Company
- The Lease-Option - The Sweetheart Strategy To Avoid Dealer Status, Using
A Supreme Court Case Decision (Avoiding Dealer Status Enables You To Do A
1031 Tax-Free Exchange Even On Properties You Sell Quickly) $105.00 Value.
Yours Free!
Total Value of Entire Package, Including The Turbo-Exchange Manual and Forms
Disk, is $3,700.00+. Your Price Only $799!
Limited-Time Special Offer $499! Just one 1031 tax-saving idea out of hundreds
can pay for the entire course!!
"Your course saved me $1,200 in legal fees on my last exchange, plus
the exchange was done right with your materials"...Adam Baals , Investor
"Al, Turbo-Exchange saved me $22,000 in taxes on only one 1031
exchange. I also saved on intermediary fees"...Richard Muller III,
Realtor and Investor
PLUS: Your Investment In Turbo-Exchange Is Fully Tax Deductible! Al
backs this up as your package includes a Receipt For Payment which informs of
you of the tax law citations supporting the deduction. With this deduction you
start to save taxes, immediately!
Turbo-Exchange
The First Comprehensive Easy-To-Use 1031 Exchange Forms &
Software Kit
Save Thousands In Taxes And
Fees With Turbo-Exchange
==> You can use Turbo-Exchange repeatedly for every property
that you sell at a profit!
==> You can also use Turbo-Exchange repeatedly for your family & friends!!
==> You can use Turbo-Exchange for others on a fee basis and not only save
fees, but generate other income!!!
And Don't Forget It's Not Just The Tax Savings, But What You Can DO With
Tax Savings! For instance, on the sale of one your investment properties,
you save $20,000 in capital gain taxes using Turbo-Exchange. As a 10% down payment,
the $20,000 savings (which is found money) can empower you to buy another $200,000
more of valuable real estate! Happy Tax-Free Investing!!
Al Takes All of the Risk With A 30-Day Money-Back Guarantee...Take
up to (not 10 days, not 20 days) but 30 days to review the program. If for any
reason whatsoever, you are not completely satisfied with this home study course,
you will receive a full refund with no questions asked.
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