Isn’t God good? There are times when we can get upset with those around us and only turn to One who is True and loving. I have had the pleasure of serving as a Youth Pastor and as a Senior Pastor. I have noticed slights and social Faux Pas on the part of others. What I have gleaned is there is a sense from some Senior Pastors that their calling is somehow better than those of a Youth or Associate Pastor.
1031 Tax Exchange – Frequently Asked Questions
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transactionÂ…
Equity and Gain
Is my tax based on my equity or my taxable gain?
Tax is calculated upon the taxable gain. Gain and equity are two separate and distinct items. To determine your gain, identify your original purchase price, deduct any depreciation which has been previously reported, then add the va…