The Center for Wealth & Legacy Studies Now 1 and 1/2 Years Old - 01/30/10 07:18 PM
What Is The Center For Wealth & Legacy Studies?
I have had a number of emails asking what this organization was all about, and I realized that I should probably introduce The Center for Wealth & Legacy Studies to the ACTIVE RAIN community.  The Center for Wealth & Legacy Studies is committed to helping successful business owners and families 'pass forward' their financial success along with their core values and virtues that created their wealth.
Advisory Team Includes Diverse Experience and Professional Backgrounds
The Center brings together a diversity of advisory professionals with experience and professional backgrounds to identify and address the … (0 comments)

Depreciation Recapture Upon Sale Of Rental Property - 01/30/10 05:25 PM
It's that time of year again when I receive and answer many tax questions related to the reporting and tax treatment of 1031 Tax Deferred Exchanges, or this year the "lack" of 1031 Exchanges in many cases, on taxpayers income tax returns.
The Tax Man Cometh and Taketh
This year there are many more questions related to the tax treatment of rental properties because many taxpayers merely sold and cashed out and now have significant income tax liabilities. The one income tax issue involved with rental property that is often misunderstood is depreciation recapture.
Depreciation and Depreciation Recapture
Taking depreciation on your … (2 comments)

Just Show Me The Money! - 01/10/10 04:59 PM
There is one common complaint heard again and again in today's challenging real estate market, especially when competing in the real estate industry today as a closely held small business.  What is the complaint?  It is lack of financing, lack of equity capital.  It seems to be the one single issue that is most responsible for holding closely held small businesses back from growing and subsequently helping our economy move well into the recovery stage. 
You hear the same old frustrated complaints from most of the closely held small business owners that you speak with today: They can't get financing to … (0 comments)

Wealth & Legacy Seminar Series for January 2010 - 01/07/10 09:18 PM
The Center for Wealth & Legacy Studies is committed to helping successful business owners, especially those working or involved within the real estate profession or community, as well as their families 'pass forward' their financial success (wealth) along with their core family values, virtues, ethics and morals that helped to creat their financial wealth in the first place.
The Center for Wealth and Legacy Studies brings together an incredible diversity of professionals with significant experience and expertise in the wealth and legacy fields to identify and address the financial (wealth) and legacy issues facing each and every business owner and family member in today's complex and … (0 comments)