Section 1031 Exchanges, also known as like-kind exchanges, are often used to postpone gain on the sale of property by buying like-kind replacement property. To avoid gain, or boot, the replacement property must be equal to or of greater value and purchased within a...
November 1, 2016 U.S. equities notched another modest loss for the month of October with the S&P 500 Index dropping -1.94%. That puts the Year-to-Date gain in the S&P 500 at 4.02%. The DOW has taken investors for a wild ride to nowhere the past two years. It...
