The U.S. Treasury has hinted that it may again offer an amnesty program for taxpayers hiding undeclared money in offshore accounts. Just before Christmas, IRS Commissioner Doug Shulman commented about the success of 2009’s amnesty. He suggested that people with undeclared foreign accounts would get a second chance to come forward. Will another amnesty be … Read more
If you are considering a 1031 property investment, then you will need to seek the services of a Qualified Intermediary (also referred to as a QI). This may seem like a simple task but since there are no uniform licensing requirements or oversight regulations for those in these positions it makes it a little … Read more
You can consider a house swap system when you long to go for that dream vacation. According to the rule you can exchange your home with someone living abroad and make him come and stay in your property. The scheme is unique and innovative. In this way you can save a lot of money as … Read more
If you are contemplating on investing on a second home, you are on the right track. Whether you plan to use it as a vacation place or a rental property, you will have several benefits along with owning a second home. Making use of your second house as a rental property can add more tax … Read more
Net Lease Real Estate Investments Passive real estate for both the investor and the investor’s heirs By David E. Sobelman, Vice President, Calkain Realty Advisors and Benjamin R. Hanan, Shareholder, Abel Band, Chartered Experienced, savvy and sophisticated real estate investors typically are inundated with decisions of what to do with their existing assets as they … Read more