1031 Exchange and Tax Advantages A 1031 Exchange or Like Kind Exchange is defined by Section 1031 of the InternalRevenue Code. This code specifies that if an asset (usually some form of real estate such asland or a building) is sold and the proceeds of the sale are then reinvested in a like kind of … Read more
While everybody appreciates the legislative intention behind enacting special legislations like RDDB Act, 1993 and SARFAESI Act, 2002, when it comes to the sale of mortgaged property through auction, many interesting points would emerge for consideration. If it is a sale of mortgaged property pursuant to the Recovery Certificate issued by the Debt Recovery Tribunal … Read more
The absence of collateral ensures: Swift loan approval – lender only evaluates the mortgage seeker’s credit score heritage and upcoming payback capacity Significantly less pitfalls – no threat of house seizure by the loan company in the function of a default The only down sides of an unsecured offer are: Comparatively … Read more
What is the most valuable asset for your business? This is a key question and the most common mistake that people who are wanting to succeed online are making. Fortunately the solution is simple and that is to build a list. If you want to succeed online and make money online then it is absolutely … Read more
Co-authored by Jordan L. Eftekari, Esq. (1) Introduction On November 2, 2007, the Wall Street Journal published an article: “Got 0,000? The U.S. Awaits (Government’s EB-5 Program Offers Foreign Investors Green Cards for Job Creation)”. A Federal program known as EB-5 (Immigrant-Investor Visa), administered by the U.S. Citizenship & Immigration Services (“USCIS”), encourages foreign investors … Read more