An important fact in regard to the 1031 process is that you CANNOT use your 1031 proceeds to fund improvements on land you own already. This is a common stumbling block of inexperienced investors. In order to qualify for a capital gains tax deferral, the replacement property must be of LIKE KIND with the relinquished … Read more
Collecting Estate Assets You brought in the bank statements and the bank books. The stock certificates were removed from the safe deposit vault. There were two people who owed your father money, and your lawyer wrote to them. One debt was past due and the other still had a few months to run before … Read more
IRS Tax Attorney for Your Tax Debt It may seem it’s not necessary to hire an IRS tax attorney for your tax debt in the beginning; however it will not take very long to discover that professional guidance is absolutely essential. Whatever associated with the Internal Revenue Service and earlier due taxes can turn out … Read more
An annuity is a form of insurance that assures a certain amount of insurance for a certain amount of time. This can help you in quite a few situations and it is taxed and formulated in different ways. For many middle-aged people, annuity has become a popular insurance investment choice. Understanding investment terms, including annuity, … 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