June 2023

The 1031 Exchange, also known as the like-kind exchange, is a powerful tool in the arsenal of savvy real estate investors.

In an era where traditional compensation packages are evolving, accepting stock options instead of a bonus or a raise is becoming a common practice, especially in the startup and tech industries. Companies often use this approach to conserve cash, motivate employees towards the company's success, and save on payroll taxes.

In an economy where uncertainty has become the only constant, protecting yourself against a recession is of utmost importance. It's an unavoidable fact that economies go through cycles. Periods of growth are often followed by slowdowns or recessions.

If you're a business owner, you want to expand operations at some point. Growing your business allows you to sell more of your product or service, so you can earn more money. However, you have to make sure that you're ready to scale up before you take the leap.

At some time or another, almost every small business owner has considered hiring their children to work in the family business. It's an attractive idea. The concept of passing down a business to the next generation is as old as the days of settling the Old West in this country. But things are more complicated now than they were back then.