By: Dominic Mazzone, Managing Partner, Regent Global Funds We hear it all the time. “Put your money where your mouth is,” “Skin in the game,” and, “Eat your own dog food.” All phrases that talk about the one thing in the investing world that many fund managers try to avoid. Accountability. When … Read more
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
A tax deferred exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame. Although the logistics of selling one property and buying another are virtually identical to any standard sale and purchase scenario, an exchange is different because the entire transaction … Read more
MoreTax Attorneyquestions please visit : LawyerFreeFAQ.com Can a physical estate attorney back me report a 1099c if my home be forclosed on to avoid individual tax by californiaNo. A Form 1099C is filed by the LENDER involved, informing you and the IRS of the amount of money you ‘gained’ by not paying off the mortgage … Read more
There is a new trend in home sales that is drawing some attention. The current climate in the housing market has caused trouble for homeowners who are finding it difficult to find solid buyers. Their homes languish on realtor listings and in classified sections, waiting for a real offer from a qualified buyer. Some homeowners … Read more