Law Matters

Real Estate Sale Under IRC 1031 Defers Tax


The real estate market has certainly improved and with it profits for investors. Many investors like to turn over their money, which means they buy property, hold it until it can be sold at a reasonable profit (usually at favorable long term capital gains tax rates) and reinvest the proceeds in other property they believe positioned for future gain. Sometimes, […]

Equitable Distribution, or How to Split the Marital Pie in Divorce


William G. Morris Florida is a no fault divorce state. Under Florida law, there are two grounds for divorce: the marriage is irretrievably broken or mental incapacity of one of the parties. If one of the parties claims the marriage is irretrievably broken, that is enough for the court to grant a divorce. Determining a marriage is irretrievably broken is […]

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