Under Section 1031 of the tax code, you can sell your property and reinvest some or all of the proceeds in another property without paying taxes on the reinvested money. Here is how.
There are pitfalls at virtually every stage of a 1031 exchange. This article looks at some key issues and highlight the dos-and-don’ts.
This is the third and final part of our discussion regarding the use of a 1031 Exchange to defer tax on real estate investments. Used correctly, real estate investors might even defer tax indefinitely—or at least during their lifetime.
It is essentially impossible to tell a client just how much a lawsuit will end up costing. However, that does not mean you cannot have some idea of what to expect. That is the purpose of this article.
It is quite common for people to “borrow someone’s credit” or title a property in someone else’s name, and the reasons behind it are understandable enough. The purpose of this article is to make you aware of the implications of buying a home in someone else’s name.
Conditions are perfect for foreign individuals and companies looking to diversify, move capital to a safe place, and/or establish a foothold in the US. To invest successfully, these are the three basic principles to consider.
The Governor’s latest Executive Order 20-180, extending the Florida moratorium on foreclosures and evictions, contains some carve-outs borrowers, tenants, lenders and landlords alike need to know about.
Every city and county in Florida is required to adopt a comprehensive plan that provides “the principles, guidelines, standards, and strategies for the orderly and balanced future economic, social, physical, environmental, and fiscal development of the area that reflects community commitments to implement the plan.” Section 163.3177(1), Florida Statutes.
Ocwen has been one of the biggest offenders what comes to servicing mortgages. It is time to fight back.
I have always been fond of trusts generally and, when it comes to real estate investment, a land trust can be an ideal solution in many situations. The only real drawback is that a lot of people are unfamiliar with trusts and it takes a good deal of explaining to get them to the necessary comfort level. The purpose of READ FULL POST