Like-Kind Exchanges of Real Estate Survive the Tax Cuts and Jobs Act A Glass Half Full for Section 1031

The Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017. The TCJA limits deferral under IRC Section 1031 to real property that is not held primarily for sale. Exchanges of personal property, capital assets, intangibles and collectibles are no longer permitted. The modification to IRC Section 1031 applies to exchanges … More Like-Kind Exchanges of Real Estate Survive the Tax Cuts and Jobs Act A Glass Half Full for Section 1031

NEW 5 STAR REVIEW!!

“I have used other real estate attorneys in the past who charged a lot more and delivered less, but I was pleasantly surprised at the level of service we received for the low cost. Next time I have a real estate closing I will definitely use them again. Highly recommend.“

Change to IL State Tax Liens- Effective January 1, 2018

Effective January 1, 2018, the Illinois Department of Revenue (“IDOR”) has been authorized by state statute to provide a uniform statewide system for the filing of notices for state tax liens.  The IDOR will no longer be recording its liens or releases with local county recorders. Instead, the IDOR will now maintain its own searchable … More Change to IL State Tax Liens- Effective January 1, 2018

Want to avoid an unpleasant home insurance surprise with your next house? Get a CLUE HEATHER LARSON MAY 14, 2015 IN REAL ESTATE

The rambler or split-level you’re eyeing looks perfect in every way, but prior damage and other issues may be lurking in the house’s backstory. These are details you’ll want to know about before signing the closing papers. And you can, thanks to a free tool that lists insurance losses on a property going back seven … More Want to avoid an unpleasant home insurance surprise with your next house? Get a CLUE HEATHER LARSON MAY 14, 2015 IN REAL ESTATE

NEW 5 STAR REVIEW!!

I am very satisfied with the excellent service I received when Beth Mann represented me!  She will be in your corner the whole way.  Both Beth and Samantha do an excellent job of protecting you, keeping you updated on your file and explaining all the intricacies of the transaction.  I am not sure how this … More NEW 5 STAR REVIEW!!