Tax free exchanges of “property”

Tax free exchanges of “property”

“SECTION 1031 EXCHANGES” The Internal Revenue Code allows you to defer gain on real estate and other property used for investment purposes by exchanging that property for other “like kind” property, thereby building your portfolio while...
Second mortgage and junior lien protection

Second mortgage and junior lien protection

Missouri’s Requests For Notice of Sale (foreclosures) In general, the holder of a previously recorded Deed of Trust is not required to give notice to anyone else who has a Deed of Trust against the same real estate unless a form of Request for Notice of Sale has been...
Abuse of Minority Owners

Abuse of Minority Owners

Minority ownership in a privately held business may create opportunities for “squeeze out” techniques or financial abuse by majority owners. To investigate that conduct, we use the following analysis outline: Documents to review: Articles of Incorporation...
Foreclosure trustee’s checklist

Foreclosure trustee’s checklist

Preliminary Matters LENDER FUNCTIONS[ ] 1. Alert attorney to proceed and provide him with copies of: a. the original promissory note and all modificationsb. the deed of trust and any amendments as recorded;c. names and addresses of any guarantorsd. current loan...
Call Now Button