Real Estate IRC Sec. 1031 exchanges today are very common. With respect to completing a successful 1031 exchange and deferral, there are stringent timelines for forward exchanges. Here are a few relevant timed deadlines: Within 45 days of the sale of relinquished real...
Month: March 2020
Important update: COVID-19 and remote consultations
Our commitment to you, our clients, has always been to act with your best interests in mind. As COVID-19 cases continue to rise, both here in New York and across the globe, we have reassessed how we can continue to serve your needs while protecting your safety....
Michael Strahan, ex in court over child support for twins
It's been 14 years since former New York Giant Michael Strahan divorced his wife Jean Muggli Strahan. However, the relationship between the two appears to still be acrimonious.They're fighting in Manhattan Supreme Court over Strahan's child support obligations for the...
Overstayed? Are you here unlawfully? There’s help
Immigrating to the United States is not always easy. You were brought to the United States when you were a young child, and you don't know much about how you came here. You know that you went back to your home country several times, usually around once a year, and...
What you need to know before leaving your home to your kids
Even if you don't think you have enough money to warrant drawing up an estate plan, if you own a house in Brooklyn, you've likely got an asset that's worth a lot. If you intend to leave your home to one or more of your children, it's essential that you do it...