Inthe summer of 1990, the Internal Revenue Service announced the long awaited rules on Tax Deferred Exchanges. Section 1.1031 of the IRS Code laid out in detail the procedure for turning a sale and purchase type transaction into an Exchange. The revised rules allow owners of certain types of “like kind” real estate to sell … Read more
<!– @page { margin: 2cm } P { margin-bottom: 0.21cm } –> People get behind on their taxes for many reasons: divorce, health issues, loss of a close family member, personal bankruptcy, business failing, etc. It doesn’t matter how your tax obligations came to be. The question is how will you fix them. There are … Read more
“The best way to break a bad habit is to drop it.”- Leo Aikman Do you know that nearly 27,000 Bahamians’ are 90 days or more overdue on their loan payments? Believe it or not, that is the startling facts revealed in the Central Bank’s fourth quarter report for 2007. The report shows that … Read more
The concept of the term ‘debt consolidation’ is obvious, but many do not know exactly what debt consolidation entails and what services debt consolidation companies provide. Amidst the vague understanding, many hold the opinion that debt consolidation companies often deceive customers and only do more harm to their financial situation. There are illegitimate companies, yes, … Read more
Statistics show that divorce happens more often due to financial troubles than anything else. Sexual challenges, family issues, health issues and other areas are all less important to a healthy marriage than solid financial footing. One of the biggest areas of stress for any couple is buying a home and keeping it. There are four … Read more