Great news. Senate Bill 483, regarding the NHDRA disregarded entity issue was introduced into the New Hampshire Senate today. Click here to review the Bill. Note that the Bill is retroactive to January 1, 2004. Testimony on the bill will be later this winter, before the Ways & Means Committee of the Senate. It has […]
Archive | January, 2010
The $600K Mistake. Don’t let this happen to you.
By John Hamrick on January 12, 2010 in Case Studies – Real Life Examples, Section 1031 Basics, Tax Advisories
I took a call from a taxpayer yesterday. She wanted to ask some questions about a Section 1031 exchange. Her accountant told her to get in touch with us. Great, that’s what we do. She informed me that she and her husband purchased some land many years ago in what was then “way out of […]