There is a simple trick to saving about 4% on the price of property abroad. It is quite easy and only takes about an hour. As an example, on a 0 000 property, this means that you would save about 000. Not bad for an hour’s work. Following is the explanation of how you do … Read more
Monarch Bhatt- The glimpse of service tax proposals forms the subject- matter of this article. Nothing is certain but death and Tax- Benjamin Franklin 1. Economy may be good or bad, there may be any progress or not, there may be development or not, but imposition and leviability of taxes is certain for the growth … Read more
This Week in Health Reform Republican Scott Brown’s victory over Massachusetts Attorney General Martha Coakley (D) in the January 19 special election to fill the seat of the late Senator Edward Kennedy (D) might prove to be a game-changer for the health care reform debate. The loss of the 60th Democratic vote now robs Senate … Read more
If you are a real estate investor who is about to sell a property and use that money to purchase more real estate, make a 1031 Exchange instead of just selling outright. Making every dollar work for you compounds your wealth. Anytime you don’t compound your wealth, you have missed an important opportunity. A 1031 … Read more
Also called a Starker Exchange Trust, a 1031 exchange is generally used by someone who wants to sell an investment property that they own, yet do not want to pay any taxes. A 1031 will allow the seller of the investment property to defer the taxes as long as they purchase another property which costs … Read more