For those seeking to defer, reduce, or in some rare instances, completely eliminate capital gains taxes on the sale of a business, real estate, or other qualifying appreciated asset, perhaps no method of tax deferral holds more promise than a Structured Installment Sale (SIS). They’re easy to implement, straightforward, and, when implemented properly, fully compliant…
Since my article in Realty Times on structured installment sales last year, housing appreciation has continued unabated and interest by many in “cashing in by cashing out” of their paper wealth has increased. With some talk of interest rates ticking up in the coming year and phase four of the real estate cycle, recession, overdue,…
Remember the line in Platoon when Sgt. O’Neill (John C. McGinley) expresses his concerns about a pending military conflict with Staff Sgt. Barnes (Tom Berenger)? “Bob, I got a bad feeling on this one, all right? I mean, I got a bad feeling. I don’t think I’m gonna make it outta here! D’ya understand what…
Eleventh in a series of blog posts dedicated to helping clients decide when a structured settlement should be considered. Today’s Installment (npi): Structured Installment Sales February 5, 2020 – For this segment in our series of educational offerings, we’re going off-topic slightly because we wish to present a structured settlement offshoot product designed to help…
May 2, 2019 – Although Distracted Driving Awareness Month officially ended Tuesday, we feel no shame in reminding our clients that attentiveness behind the wheel and vigilance in carrying out driving responsibilities should never take a vacation. Thus, our belated post on the topic. If we had our way, however, the U.S. Department of Transportation…
September 14, 2015 – Even some of the staunchest Beatles fans are surprised to learn that one catchy tune from the Sgt. Pepper’s Lonely Hearts Club Band album about reaching a certain age was one of the first songs Paul McCartney ever wrote, by some accounts as early as age 16 when the band was…
With great pride we announce today our firm’s inclusion in Best’s Directory of Recommended Expert Service Providers in its Structured Settlement listing. America’s premier independent insurance rating organization, A.M. Best Company, Inc. is designated as a Nationally Recognized Statistical Rating Organization (NRSRO) by the National Association of Insurance Commissioners (NAIC). Directory listing eligibility is based…
February 17, 2013 – Before the year gets away from us as years are wont to do, I thought we’d pause for a moment to reflect upon the number of people whose lives have been positively impacted in these first few weeks of 2013 as a result of our firm’s involvement in many changes in…
January 16, 2013 – Yesterday’s CNN/Money column “California Shale Boom Possible” was a timely article for us to remind our clients about a money-saving option available to those who lease their land for oil and gas exploration. In August of 2011 we announced the availability of a new application of the structured settlement concept designed…
The same tax deferral benefit enjoyed by contingency fee lawyers for years is now available for another group of professionals often looking for a sensible tax break: Business Brokers and Real Estate Agents. This is terrific news for any realtor or business broker who has always sought a way to safely and conveniently defer taxes on commissions they earn…