The Noted English economist John Maynard Keynes once stated that "[t]he avoidance of taxes is the only intellectual pursuit that carries any reward." While the absolute truth of that statement may be debatable, legally ...
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Written by admin on May 23rd, 2011
Written by admin on May 21st, 2011
When you sell your interest in investment property, you may incur federal capital gains taxes and, in some states, state taxes as well. Your attorney, tax advisor, or real estate professional may suggest a ...
Written by admin on May 21st, 2011
A 1031 exchange refers to Section 1.1031 of the Internal Revenue Code which was passed in 1990. Normally, when you sell all real and personal property, the tax code requires the payment of the ...
Written by admin on May 20th, 2011
Many of our area's real estate investors have heard of the 1031 exchange, a technique where property held for investment is exchanged for "like kind" property thereby deferring capitol gains taxes until a later ...
Written by admin on May 20th, 2011
In the process of venturing into real estate investments, there are certainly legal obligations you need to deal with that must be in lieu with the laws of the federal state such as taxes ...
