13th July 2005
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-C...
Views: 260
13th July 2005
Many times the subject of bankruptcy seems baffling in its complexity. Actually the basic principals of bankruptcy are fairly simple even though the federal statuses on bankruptcy are extensive. The reason that the statutes are so complex is because in as...
Views: 244
13th July 2005
When a petition for bankruptcy is filed, it is as if the petitioner is saying to the bankruptcy court, "Here are all of my possessions, you figure it out." This is called a chapter 7 bankruptcy. (Chapter 11 and Chapter 13 bankruptcies involve the petition...
Views: 285
13th July 2005
IRS Tightens Related Party Rules for 1031 Exchanges
A recent IRS Ruling will now reduce taxpayer flexibility when they complete a 1031 exchange by buying property from a relative.
To be clear, there are two types of exchanges involving relatives. I...
Views: 586