With so much economic doom and gloom surrounding us, it makes sense to batten down the hatches and protect your assets. If your assets are scattered about and are not protected, your liabilities could be laid wide open and your financial situation and personal security could be put at risk. However, an offshore trust can … Read more
Are you planning on Buying property in Goa?? Then we at Magic Masons feel that congratulations are in order, as, in light of the golbal financial melt down there is no better time to purchase property in Goa than right now. http://www.magicmasons.com For your conveninence we have provided you with all the information you would require to purchase … Read more
More often than not, asset management priorities would most likely be at the bottom of priorities at your boardroom meeting. Such priority might not even be on your business agenda at all. Business executives often make the mistake of assigning asset management to systems that are manually done and can be tedious. If not corrected, … Read more
Expect some changes when you file your 2007 tax return! Here are a few highlights from the Small Business and Work Opportunity Act of 2007. Do you own real estate? At the very end of 2007, Congress passed a bill with several tax law changes impacting real estate. Qualified Joint Ventures by Married … Read more
Overview – An IRC §1031 tax deferred exchange allows owners of real estate to defer the recognition of a capital gains tax they would have recognized when they sold their property so long as they reinvest in other “like-kind” real property. Tax deferred exchanges are not new – they have been available in one form … Read more