A company that is terminated within 3 years. According to the tax law, a gain arising from the sale or liquidation of such a business is considered ordinary income to the individual taxpayer on form 1040.
The definition of the price-to-rent ratio is very important for real estate investors. This ratio is a measurement for the affordability of a particular rental property and tells investors ...
The individual who receives an interest in a life estate after the original life
tenant's interest expires. This normally occurs after the death of the life tenant. For example,
Mrs. ...
The Internal Revenue Code (IRC Sections 1034 and 121) providing that a person over age 55 can sell a principal residence at a gain and exclude once in a life time up to $125,000 of the gain ...
Large heavy piece of wood or other material generally running horizontally through a building providing support for other parts of the structure. The stringer usually runs in the direction ...
Many retirees look to Florida in general when thinking of peaceful years of retirement and in Florida, The Villages seems to attract more elders than any other place. Located in central ...
The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that ...
Relocating is a big step forward for many of us, and deciding where you will spend a good amount of your life is not an easy decision to make. There are many factors that come into play ...
Located in the heart of Virginia, just south of Richmond, VA, the unincorporated area of Chesterfield, VA is the county seat of Chesterfield County. There are many reasons for this ...
Located in Mecklenburg County, North Carolina, Matthews is a well-known suburb of Charlotte that stands out for its family-friendly community and its small-town feel. You can be sure that ...
Located just outside of Boston, Newton MA is a vibrant community that is comprised of 13 distinct villages that hold a population of about 90,000 people. Renowned for its community life, ...
Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...
Located on the Eastern side of the Potomac River, just south of Washington DC’s downtown district is Fort Washington, an unincorporated area in Prince George’s County. Living in ...
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