What is an Exchange A 1031 Exchange allows owners of business or investment property to defer the recognition of the capital gains tax normally due upon the sale of the property so long as they use the proceeds to buy another business or investment property of equal or greater value. Although most people think about … Read more
Everywhere you look, from the newspaper to television, people are talking about hedge funds. Though the world’s fascination started several years ago, with the recent Madoff scam, there has been an increase in negative media attention for the entire hedge fund world. Since the mass media has painted a picture that is far from true, … Read more
1. Payday loans trap consumers in “cycle of debt” Although the phrase “cycle of debt” is a favourite among industry critics, it is not based on the truth. Researchers and American state regulators consistently report that 70-80% of customers use payday cash advances between once a year and once a month. Cash Genie, the short … Read more