Automobile Insurance

Automobile Insurance

Liability insurance for an automobile is mandatory in almost every state. Liability insurance will cover the policy holder for damage caused to another’s property or bodily injury as a result of the policy holder’s mistakes. Each state determines the minimum amount of liability insurance, and additional coverage can be purchased through most automobile insurance carriers.[…]

Location, Location, Location

Location, Location, Location

We have all heard the old adage when it comes to real estate, “location, location, location.” On first glance it may seem intuitive that you want to purchase a home in the best location. Everyone dreams about having a home on the beach or a ski-in/ski-out home at a popular ski resort. Obviously these locations[…]

Like-Kind Exchange

Like-Kind Exchange

A like-kind exchange is a nontaxable exchange, which means a gain is not recognized and a loss cannot be deducted. This is an amazing way to roll a profitable real estate investment into the purchase of an alternate real property. The IRS under publication Publication 544 explains that the real property must be an investment[…]