Illinois 1031 Exchange: A 1031 exchange allows Illinois real estate investors to postpone capital gains taxes by investing sale proceeds of a property in a like-kind property. The strategy preserves capital, increases cash flow, and grows investment portfolios. Requirements Like-Kind Property: Must be for investment or business purposes (e.g., rental buildings, commercial property). Qualified Intermediary (QI): Must conduct the transaction; …
A trademark is a form of intellectual property that helps distinguish a business’s goods or services from those of others. Trademarks can be words, phrases, symbols, designs, or a combination of these elements that represent a brand. Trademarks provide legal protection, helping business owners ensure that only they have the exclusive right to use the mark in connection with their …
I was recently interviewed by an agriculture youth organization about public speaking skills and public speaking contests. Here are my answers! 1) Tell us a little bit about yourself along with your background in agriculture. I grew up on a Simmental farm in Central Illinois showing cattle through 4-H, FFA, and the American Junior Simmental Association (“AJSA”). I judged livestock …