"It's not how much you make that counts," my father told me many years ago, "but how much you keep of what you make." I did not really understand that old adage at the ...
Most Recent Articles For: estate
Written by admin on May 10th, 2011
Written by admin on May 9th, 2011
Taxes are your major expense in your lifetime, so choose your source of income as you wish. Real estate has some of the best tax breaks of any investment in United States and some ...
Written by admin on May 9th, 2011
While we are immersed in the joys of holiday celebration, tax time stealthily approaches. And although it is said that “time and tide wait for no one”, there are things we can do to ...
Written by admin on May 7th, 2011
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 ...
Written by admin on May 7th, 2011
One of the most essential concepts in the 1031 exchange process is that a property investor must not receive any cash benefit from the proceeds of the sale of his or her relinquished ...
