1031 Exchange – Simplified

Property owners of buildings and other business establishments normally sell their assets to be able to buy or upgrade to a new one. They want to reinvest their money for the purpose of making their income grow. This can also be another form of helping struggling businesses to the road of recovery. This well known … Read more

1031 Exchange: Unzipped

Owners of establishments and other rental properties usually sell their assets to be able to buy a new one or upgrade to a better building.  They want to reinvest it to increase their income.  This is one good way of helping your business to recover if you have been in loss for quite some time.  … Read more

Gift Tax ? What are the gifts of a tax exemption?

Every time you give someone money or property which may be subject to payment of gift tax. The federal government has guidelines were the gift of the property tax and gift tax rates for all questions. These tariffs and tax exemptions may change based on an annual basis and it is important to review the … Read more

There are Tax Benefits to Owning a Second Home

If you are contemplating on investing on a second home, you are on the right track. Whether you plan to use it as a vacation place or a rental property, you will have several benefits along with owning a second home. Making use of your second house as a rental property can add more tax … Read more