Prior to the enactment of the legislation known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, the rules in Sec. 1031, which allow taxpayers to defer recognition of gain on a like-kind exchange ...
Your childhood baseball card collection gathering dust in the basement of your parents’ home, which you must clean out for an estate sale, or the pottery you brought back 30 years ago after serving ...
Brady L. Dreasher, ISA CAPP, GPPA, CES, CAGA, WSET1, President of Art of Estates and Denice S. Morris, ASA, at a previous PBS Appraisal Fair Brady Dreasher of Art of Estates provides an art appraisal ...
Tangible personal property – that is, property (other than land or buildings) that you can see or touch – is a special asset class in many estates. A client’s tangibles include their jewelry, clothing ...
Every year, county appraisal districts around the state assess property values for homeowners with results that are sometimes inaccurate. If a homeowner believes they are being overtaxed on personal ...
Personal property is a standard coverage on a homeowners insurance policy. It covers belongings like furniture and clothing, paying up to a certain limit if they are stolen or damaged by a covered ...