Q. We own three rental properties here in New Jersey that are being deprecated accordingly. We are thinking about purchasing a place in Florida, keeping our primary home in New Jersey for now. What do we need to do to set up a 1031 exchange with one or more of these properties depending on what we find.— Thinking about itA. We’re glad you asked because Section 1031 exchanges can be complex and nuanced.Named for its IRS code, a 1031 exchange is basically a swap of one investment property for another in which you’re allowed to defer capital gains taxes.You can exchange the multiple investment pr...
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The Republican Party has had multiple chances to distance itself from former President Donald Trump, including most recently when he sent the RNC a cease and desist letter warning them to not use his name or image for fundraising. But as usual the RNC just reinforced its ties to Trump, moving a major donor dinner to Mar-a-Lago.
"The weekend retreat in early April for the party's most influential donors will be at a luxury hotel in Palm Beach, as in past years," The Washington Post reports. "But the RNC has decided to move the Saturday evening portion of the schedule to the former president's private club to accommodate Trump and guests who would like to visit the site."
Conservatives in the United States have been siding with the British royal family more than 240 years after the signing of the Declaration of Independence.
"Oprah's riveting and occasionally cringe-worthy interview with Meghan Markle and Harry Windsor has—as if the United States needed any more polarization—laid bare a peculiar political virus: the truculent loyalty that ostensibly patriotic media conservatives (at least via Twitter and the occasional op-ed) harbor for the Queen and her famously priggish progeny," Daily Beast editor-at-large Lloyd Grove reported Monday. "On the other side of the partisan divide are various liberal-leaning celebrities and pundits, along with Joe Biden, president of the United States, who are siding with Meghan and Harry in the uproar."
Extremist groups are turning on themselves as prosecutors close in on those who took part in the fatal January 6th riot at the U.S. Capitol and a similar dynamic may be playing out among those who incited the insurrection.
The theory was broken down by former acting Solicitor General Neal Katyal, who was interviewed on MSNBC to answer questions about Fulton County District Attorney Fani Willis hiring racketeering expert John Floyd for the investigation into whether Donald Trump and Sen. Lindsey Graham (R-SC) may have violated the law with efforts to overturn the election results in Georgia.
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