Learned Hand earned the distinction as the “tenth Justice of the Supreme Court” by penning opinions that would be quoted by lawyers and laymen alike. In 1934, Circuit Court of Appeals Judge Hand wrote one of his more famous though often misquoted opinions in Helvering, Commissioner of Internal Revenue v. Gregory, 69 F.2d 809 (2d … Read more
A lot of people are taking advantage of a 1031 tax exchange, and they are benefiting greatly from it. The basic principle behind one of these exchanges is that one piece of property is exchanged for another piece of property that is of the same value. There are several different exchanges that can take place, … Read more
Gibraltar, probably the cheapest offshore jurisdiction within Europe, offers unique opportunities to do business tax efficiently. It was one of the first British dependent territories, which developed tax-exempt corporate forms for offshore business. Since then, Gibraltar has established itself as one of the world’s leading offshore financial centres. Unlike many, Gibraltar is not an … Read more
After taking numerous classes in financial planning and weighing my real estate investments, I discovered that a 1031 tax exchange was the best course of action to avoid paying heavy capital gains taxes. What is a 1031 tax exchange, you may ask? In essence, this is when you agree to reinvest your profits from a … Read more
If you’re considering a 1031 tax exchange to defer payment of capital gains tax on your real estate investment, it’s important that you understand the basics of the 1031 exchange process. As a general rule, savvy investors understand the low-level nuts and bolts of the transaction – but things can get a little sticky … Read more