November 24, 2020

Biden Presidency May See Higher Individual Tax Rates, 1031 Repeal

Maybe not quite where he wants to get at 39 percent (top rate). But I do think you’re going to see a tax plan move in the first year.”

The thought process is, if you’ve got large capital gains, do you consider your options and recognize capital gains now, […]

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October 30, 2020

What is a 1031 exchange, and how do I take advantage of it?

There are plenty of rules and red tape associated with the 1031 exchange program. Read on for more details.

If it’s an investment property, rather than your primary residence, you can be taxed on your capital gains—i.e.,

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