Chicago Mayor Lori Lightfoot continues pushing to get a casino-resort in the Windy City. Recently, five different companies submitted proposals to operate a gambling venue here. Officials are now beginning to review the casino bids in Chicago and are expected to award a gaming license here soon.
A huge amount of hype has surrounded this proposed venue. Many steps still need to be taken before construction on a casino in Chicago can begin, though.
This question has become increasingly popular on our live chat as individuals invested in real estate age and look to transition into passive real estate investments without tax consequences. Given th
A 1031 Exchange is not a “tax loophole” or a “tax dodge.” It is a tax benefit that helps fuel the ec
Presidential candidate Joe Biden recently announced his proposed tax plan, which seeks to fund a $775 billion child and elder care plan by making several major changes to the Tax Code, including a rep
1031 Exchange Qualified Intermediary – What does “Qualified” Mean? When a group was asked “According to the IRS, what does ‘Qualified’ mean?” in regard to a Qualified Intermediary in a 1031 Exchange,