The Gift Clock is Ticking
The Gift Clock is Ticking: Tax Changes to Expect in 2026 Federal tax laws are changing on January 1, 2026. What does this mean? It means the amount that you can give away without gift or estate tax will be cut in half. With that in mind, here’s what you need to know… CHANGES IN […]
Common Bankruptcy Strategies Employed By Delinquent Borrowers To Stave Off Foreclosure Proceedings — And How Loan Servicers Should Combat These Tactics
Common Bankruptcy Strategies Employed By Delinquent Borrowers To Stave Off Foreclosure Proceedings — And How Loan Servicers Should Combat These Tactics While loan servicers are typically willing to explore various foreclosure alternatives with respect to delinquent borrowers, often a foreclosure on collateral is the only realistic option available to the servicer. When faced with an […]
1031 Exchange of a LLC Membership Interest
1031 Exchange of a LLC Membership Interest Have an LLC membership interest in an entity that owns real property? If so, the need to structure your ownership is critical in being able to take advantage of a 1031 exchange. Generally when an interest in real property is sold a tax payer is required to pay […]
Legal Entities and Real Property: Limiting Reassessment
Legal Entities and Real Property: Limiting Reassessment Legal practitioners have rightfully promoted the many advantages of holding real property in corporations, limited liability companies (LLCs), and other legal entities. By doing so a landowner can limit personal liability, exercise a degree of anonymity, and realize various tax efficiencies. However, when advising clients regarding the transfer […]
