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1031 Tax Exchange – Frequently Asked Questions
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction… Equity and Gain Is my tax based on my equity or my taxable gain? Tax is calculated upon the taxable gain. Gain and equity are two separate and distinct items. To determine your gain, identify your original purchase price, deduct any depreciation which has been previously reported, then add the va...

Get A Jump On Retirement- Part 2
Welcome to the second article of my series. This article is about paying yourself first. You could probably find hundreds of articles on the internet about this very topic. It is a common theory used by many financial advisors. It is an important theory that is worth discussing. The reasons for paying yourself first are easy to figure out, you get to build a savings account, you get in the habit of saving, you build your emergency fund, and more. In my opinion, the most im...


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Sports Opportunities Magazine COVER PAGE Issue V-828


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Sports Opportunities Magazine

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