Month: May 2021
Jon was the sole member of Apartment LLC, a disregarded entity for tax purposes. Apartment LLC owned a small apartment building as its only asset. Things were going well with that apartment building. Bob had some extra cash from golf winnings and was looking for a real estate investment. He saw how well Jon’s apartment…
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Boutin Jones is looking for a mid-level associate attorney with 3—5 years’ experience in civil litigation. Candidates should have a strong work ethic and desire to provide superior legal services as well as an ability to relate to a wide variety of clients. We seek team players who show long-term business development potential to join…
Read MoreMonthly Tax Law Tip When you invest capital gain into a Qualified Opportunity Fund, to take advantage of the gain deferral provided by the Opportunity Zone provisions, your basis in the investment is zero. If you hold the investment for five years, your basis is increased by 10% of the amount of your investment. In…
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