Article by Isaac Roy
Section 1031 of the Internal Revenue Code generally provides that neither gain nor loss is recognized if qualifying property is exchanged for other qualifying property of a like-kind. In the above scenario, you may defer the payment of 0K in both federal and state taxes if ...
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Written by admin on July 9th, 2011
Written by admin on April 27th, 2011
It cannot be denied that many people are experiencing financial difficulties nowadays. What worsens the situation is the fact that the primary contributors to these difficulties are uncontrolled debts. While debts seem to be ...