858.367.7676
The Perks of That Failed 1031 Exchange

The Perks of That Failed 1031 Exchange

Among the recently released final Opportunity Zone regulations is a brand-new rule that gives qualified investors a second chance at deferring federal taxes, even when their Section 1031 exchange has failed in a given year. The complicated process mainly involves...
Bonus Depreciation and the New Section 1031

Bonus Depreciation and the New Section 1031

It is no secret that the “Tax Cuts and Jobs Act,” which went into effect January 1st of this year, is the largest tax reform bill in decades. Among the Act’s extensive changes are new rules under Code Section 1031: personal property assets may no longer be exchanged...
Co-ops Aren’t Just For Farmers

Co-ops Aren’t Just For Farmers

The recently enacted Tax Cuts and Jobs Act generally allows for a 20-percent deduction for qualified business income earned by a partnership, LLC, S Corporation or sole proprietorship. However, income from a specified service business is outside of this provision,...