Like Kind Exchanges – How do I Transition Real Estate and Not Pay Taxes

In these times we are all looking to make or keep as much money as possible. It is not unusual for us to sell real estate that we own – either our homes or our businesses for added revenue.

Anytime we transition property to another person, something happens from a tax perspective. There are provisions in our tax laws that say that in these type of exchanges – you don’t have to pay the tax.

Sound good – it is but with the advantages the tax laws allow come some potential challenges. To help us sort through the benefits and challenges of transitioning real estate - we have asked tax expert John Sikora who is a partner from our Resident Legal Expert firm – Weiss Berzowski Brady.

JOHN A. SIKORA is a partner in the Milwaukee and Delafield offices of Weiss Berzowski Brady LLP, where his practice includes tax planning, tax controversies, real estate law and corporate law.
He is a current member of the Board of Directors of the State Bar Taxation Section. He is an adjunct professor of law at Marquette University Law School where he teaches the corporate income tax and tax practice and procedure courses.


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Like Kind Exchanges

Terry Frett - President of Frett/Barrington Limited

Health care is the hot topic in Congress lately, but what is really being discussed behind closed doors? This week, resident benefits expert Terry Frett comes in to discuss the current process taking place in Washington, D.C. regarding the development of health care reform. What shape will health care take, how will the reform impact employers, and how will they pay for it?

Terry Frett is the president of Frett/Barrington Limited. For more information on Frett/Barrington Limited, visit www.frettbarrington.com.


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Terry Frett

Mergers and Acquisitions are not Four-Letter Words

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Mergers & Acquisitions

Guests:
Adam Lerner, president of Packaging Products for Marlin Equities
Mark Siegel, president of Ultra Pro

Mergers and acquisitions are no longer dirty words. Twenty or even ten years ago, when we heard a company was being acquired, we had visions of Gordon Gecko, hatchet men and employees running for cover! Today, mergers and acquisitions are not only a normal part of business, but they are used as growth strategies, particularly for small businesses.

The Benefits of Taking Vacation Time

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Vacation

Guests:
The Chamness Group Team

Today, Diane brings in the team from Chamness Group to discuss the benefits of taking your well-deserved vacation time. The benefits of time off certainly outweigh the hassle of breaking out of the office. Listen in for advice on how to prepare in advance for your vacation in order to ensure each day off is a success.