Dissolution of Partnerships in a 1031 Exchange: The Drop and Swap

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 tax-deferred exchange under Section 1031 of the Internal Revenue Code.  A 1031 tax-deferred exchange allows you to dispose of investment properties and … Read more

What Is A Hedge Fund, Anyway?

What is a hedge fund? A hedge fund is an aggressively managed portfolio of securities set up for investors who have a net worth of over one million dollars. Investors who participate in a hedge fund must sign a letter of agreement specifying that they are knowledgeable investors and that they are aware of the … Read more