Category: Culture

What is a 121 exchange?

PRIMARY RESIDENCE Section 121 allows an individual to sell his/her residence and receive a tax exemption on $250,000 of the gain as an individual and $500...

Can home equity be gifted?

Giving the Gift of Equity In most cases, the recipient will use the gift of equity amount as a down payment on the home. In most cases, a gift of equity h...

Can you sell an FCC license?

No. The FCC must authorize the assignment or transfer of control of the FCC-issued licenses. Thus, for Private Radio Service licensees, simply filing the ...