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; …
I was a guest on Inspiring Business Podcast with Mark Bullock. Tune in for these key takeaways: * Transition from Farm Girl to Lawyer * Balancing Motherhood and a Law Practice * The Billable Mom Podcast * My Work in Mediation and Family Law YouTube: https://youtu.be/HvlnibgAQBw Check out the episode on any of the following platforms: Youtube Website Facebook Business …
Solar energy projects offer farmers and ranchers a unique opportunity to diversify their income streams. However, before diving into a solar lease agreement, it’s crucial to understand the intricacies involved. In this first part of our guide, we will explore key aspects of solar lease agreements that every farmer and rancher should consider. Understanding the Structure of the Agreement Solar …
Generally speaking, there are two ways an egg producer can sell their flock’s eggs in Illinois. Under Illinois law, producers can sell eggs produced by their own flock directly to household consumers for their personal use without a license or inspection if the eggs are sold directly from the premises where the eggs are produced. If, however you wish to …
Generally speaking, there are two ways an egg producer can sell their flock’s eggs in Illinois. Under Illinois law, producers can sell eggs produced by their own flock directly to household consumers for their personal use without a license or inspection if the eggs are sold directly from the premises where the eggs are produced. If, however you wish to …