I took a call last week from a past client that was concerned about the potential capital gains tax if they sold a parcel of land and did not conduct a Section 1031 Exchange. While our business is to facilitate exchanges, we are always happy to help our clients navigate tax code implications in real […]
Tag Archives | Tax Breaks
New Section 121 Rules Begin to Bite
By Chris Latulip on October 12, 2009 in Second Homes, Section 121, Tax Advisories, Tax Reporting
By: George E. Foss III As the days and weeks pass, the effectiveness (from IRS’ perspective) of the new provisions slipped into Section 121 grow and grow. It used to be true that you could move into one of your rental properties, live there for two more years as your primary residence, and then sell […]
Attention Accountants & Attorneys in NH & VT – Lunch & Learn – Free CPE/CLE
By John Hamrick on September 1, 2009 in Events, Professional Training
Connecticut River Bank, NA and Edmund & Wheeler are teaming up for a series of Lunch & Learn events where Accountants & Attorneys can earn continuing education hours and enjoy networking and a free lunch. Several dates have been reserved for September and October.