Shielding Investor Property Sales from Capital Gains Tax: DST in 1031 Exchange
Delaware Statutory Trusts allow investors to shield investment property sales from capital gains tax. The participant must invest in a property that costs at [...]
Advantages of Trusts over Wills
Trusts are used for many purposes, including dividing ownership of property. Trustees are the legal owner and may control the property. The beneficiary holds the right [...]
Nexus Rules
Under economic nexus rules, companies are considered to be doing business in California if they meet any of the following conditions: Have property in [...]
BPI v ABC for $5.7 Billion for Fake News
Beef Products Inc. (BPI) a South Dakota meat processor's sued ABC in a $5.7 billion defamation lawsuit. The trial pits big agriculture against big [...]
Lakers Owners Family Feud Fizzling?
It appears that Jeanie Buss and her brothers, Jim and Johny, agreed that Jeanie should serve as the Los Angeles Lakers' controlling owner [...]
Capital Gains on Property Sales
By using by a 1031 Exchange when you sell real property you can avoid a 25% capital gain tax by doing a 1031 Exchange. [...]