Section 1031 exchanges are not new. But the rules have changed over time.  A Section 1031 or like-kind exchange is an income tax concept. It applies when you swap two real estate properties with the same nature or character. Even if the quality or grade of these properties differs, they may still qualify for like-kind...Read More

Investing in real estate has been one way to build wealth. And it makes sense to buy real estate even in this decade —if you are looking for a long-term investment.   The real estate market had its ups and downs, but, overall prices have increased over the years. This is even true for the...Read More

Are you renting a property or equipment for your business?  Accounting for a lease can be tricky given the recent changes in accounting for these transactions.  Now, you can still account for a lease in two ways—as an operating lease or a capital lease.  Operating Lease Vs. Capital Lease The main difference between an operating...Read More