Many of our area’s real estate investors have heard of the 1031 exchange, a technique where property held for investment is exchanged for “like kind” property thereby deferring capitol gains taxes until a later tax year. While investors like being able to defer taxes until a later year, many complain that they’d like a way … Read more
1031, tax, exchange, services,real estate, property,misconceptions The Exchangor has a maximum of 180 days from the closing of the relinquished property or the due date of that year’s tax return, whichever occurs first, to acquire the replacement property. This is called the Acquisition Period. The first 45 days of that period is called the Identification … Read more
One of the things I learned from T Harv Eker as I took steps to financial freedom was that my inner world creates my outer world (my results). There are three types of inner world: Mental Emotional Spiritual Most people only focus on the outer (physical) world when seeking to achieve financial freedom. Think of … Read more
Take Steps to Financial Freedom Financial freedom has long been the goal of the vast majority of businesspeople. Everyone has heard of “climbing the corporate ladder,” and it’s known perfectly well that the purpose for climbing that ladder is the hope of finding success and making more and more money until one day, the climber … Read more
Are you looking for debt management programs so that you can finally get out of debt? Are you tired of creditors harassing you with phone calls each and every single day? At this point you already know just how much of a nightmare creditors can make your life. And at this point the biggest mistake … Read more