David Frank David Frank

What is a 1031 in Real Estate?

ou may have heard that you can avoid capital gains tax on the sale of your property when you purchase a new one. That’s called a 1031.

Anna Barsky from IPX1031 is an expert on the subject and generously offered her time and expertise on 1031s. Check out our lkatest blog post to learn from Anna. 

What is a 1031? 

How do you qualify for one? 

What are the rules and potential pitfalls? 

We cover it all in this 30 minute episode.

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David Frank David Frank

New FinCEN Rule Struck Down in Court

Yesterday, the United States District Court for the Eastern District of Texas struck down FinCEN’s Residential Real Estate Reporting Rule. This is the federal rule that would have required title companies to collect and report information on certain non-financed residential real estate transactions involving business entities or trusts.

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David Frank David Frank

Estate Planning Horror Story #1

An out-of-date Estate Plan can lead to extreme emotional and financial distress for your loved ones.

One summer, a father of 7 passed away unexpectedly. Emotions high, the family was scrambling after losing their patriarch. Fortunately, he had an Estate Plan that would make the transition smooth and allow his loved ones to mourn in peace. Said Plan entailed different percentages of the estate to be passed to his wife and children, with the wife as Executor.

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David Frank David Frank

Meet our newest Attorney, Jordan Ellis!

Our newest attorney, Jordan Ellis, specializes in Estate Planning. We asked him some pressing questions to learn more about his expertise and personal pursuits. Jordan created his first Estate Plan at only 19 years old!

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