Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate. Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying hefty taxes upon the sale [...]
Living in Massachussets we all know how difficult it is to get good insurance. Up until last year, van insurance companies were working as a cartel with no recourse for the vehicle owner. Insurance companies were acting like small insurance deities that could do what they wanted when they wanted with your insurance policies. One [...]