LIKE-KIND PROPERTY
Any two assets or properties of the same type, making the exchange between these properties or assets tax-free. To be considered like-kind property, two assets must be identical, for instance, a residential real estate, but not necessarily the same quality. In the United States, this can be accomplished using Section 1031 exchanges.
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An investor’s systematic attack plan to guide his investment decisions according to an individual’s financial goals, risk tolerance, an ...
American Jobs Creation Act of 2004
Designed for multinational corporations, domestic manufacturers and other entities, as well as energy sector and the agriculture. It has 270 provis ...
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Endowment
Financial asset donated to a non-profit institution, in the form of investment funds or property, with the purpose at the donor’s bequest. Th ...
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