Selling real estate can have significant tax implications, both at the federal and state levels. Understanding how these taxes are calculated is crucial for real estate investors and property owners to effectively manage their finances and make informed decisions. The...
Using Insurance in Buy-Sell Agreements
When launching a new business with multiple owners, establishing a buy-sell agreement is not just a prudent decision—it's an essential one. A buy-sell agreement is a legally binding contract that outlines how ownership interests will be transferred if certain events...
Understanding the IRC 1202 Gain Exclusion
Internal Revenue Codes Section (IRC) 1202, also known as the Qualified Small Business Stock (QSBS) provision, is a tax incentive designed to encourage investment in small businesses. It offers significant tax benefits to investors who hold eligible stock in qualified...
What Drives Innovation?
Modern welfare states need economic growth to keep their show on the road. The ever-rising costs of pensions, of health care and of maintaining crumbling infrastructure all necessitate rising tax revenues. And rising tax revenues typically depend on economic growth....
UPREIT with a DST
A Delaware Statutory Trust (DST) can play a crucial role in an UPREIT (Umbrella Partnership Real Estate Investment Trust) transaction, providing a structured way for property owners to defer capital gains taxes and participate in larger, diversified real estate...
1031 Exchange: Deferring Capital Gains Taxes on Investment Properties
A 1031 exchange allows investors to defer paying capital gains taxes on the sale of investment properties, provided they reinvest the proceeds into another "like-kind" property. The term "like-kind" is expansive, covering various types of real estate, from residential...