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End-of-year estate review

With the holiday season in full swing, it is logical for residents in Florida to be eyeing the upcoming transition to a new calendar year. The start of a new year is often a time when people step back and review many important parts of their lives and initiate some...

What is a 1031 Exchange?

What is a 1031 Exchange? Individuals and companies who sell appreciated property (real estate or personal property) are subject to capital gains tax under the Internal Revenue Code. Under IRS’s 1031 Exchange rules, however, an exchange is not considered to be a sale...