Common 1031 Exchange Errors – Things Not to Do!

By Bob • March 31st, 2010 Don’t misinterpret like-kind property When completing a successful exchange, a taxpayer must relinquish and acquire like-kind property. However, many taxpayers misinterpret like-kind property. All too often I hear, “If I exchange a duplex,...

Economic Background and Investment Environment

With the second consecutive quarter of positive economic growth now apparent, it is likely that the recession will be declared technically over. Although we aren’t out of the woods yet, we are one step closer to recovery. However, it will take much more time for the...