Living Trust, Pros and Cons
In regards to real estate in Florida, there are both pros and cons to using a living trust as a way to hold and manage your property.
What is a 1031 Exchange?
“What is a 1031 exchange?” The answer can be quite simple and somewhat complex. A properly structured 1031 exchange (Internal Revenue Code Section 1031) allows the owner of specific types of real estate with appreciated value to defer Federal capital gains taxes on the sale of their property, as long as they reinvest the proceeds…