Further clarification/opinion regarding the 3.8% medicare tranfer tax on profits beyond certain thresholds included in the health care bill. I’ve written about this one several times [...]
If you lose a commercial property to foreclosure or do a deed in lieu, you may still owe capital gains on the lost asset. Many owners opt for a zero income property as a 1031 exchange as a [...]
There’s lots of mildly positive news here. It’s been about three years since I’ve been able to say that. In previous posts, I think I’ve covered thoroughly the positive impact that the election [...]
We all probably knew most of this was coming – Eliminating or reducing the mortgage interest tax deduction Increasing retirement age Reducing Social Security COLA increases Reducing or [...]
The last leaves have fallen and winter is close at hand so I thought I would brighten today with the colors of a wonderful time of year – Autumn. All of the Pics were taken in and around [...]
Tax attorney Steve Rosansky’s newsletter arrived today and covers creative 1031 exchanges plus the new small business 1099 reporting requirements for business related purchases of over $600. [...]