What might you be guilty of doing that could potentially disqualify your 1031 exchange transaction? Here are a few reasons you could be putting your exchange at risk. Choosing a Qualified Intermediary that is actually a disqualified person. Someone who is acting as your agent at the time of the transaction is disqualified from acting … Read more
Given the fact that most seniors are interested in a secure income, reducing risk and lowering taxes, here is a planning technique to consider if you are trying to increase your income. Maybe you have a CD that is coming up for renewal and you discover the rate is going to be lower. You … Read more
Collecting Estate Assets You brought in the bank statements and the bank books. The stock certificates were removed from the safe deposit vault. There were two people who owed your father money, and your lawyer wrote to them. One debt was past due and the other still had a few months to run before … Read more
The exchange of 1031 properties is a complex transaction. Many things can go right leaving you to enjoy a more secured future with steadily increasing real estate investments and revenue. You can also learn some painful lesson when things go wrong along the way. You can reduce the risk of 1031 properties gone wrong by … Read more
Each year there are millions of Americans who prepare their own federal and state tax returns and even more individuals have their taxes professionally prepared. Whatever choice a taxpayer makes there are a number of important tax tips that everyone should know. The IRS capital gains tax is the method the US government uses to … Read more