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Reverse Like-Kind/1031 Exchange (Part 2)

A reverse like-kind exchange is just that, a like-kind exchange done in reverse. In a typical like-kind exchange, also known as a forward exchange, a property owner sells a property and uses the proceeds to buy a replacement...more

New Annual Reporting Requirement for Pennsylvania Businesses

New Annual Reporting Requirement for Pennsylvania Businesses - On November 3, 2022, the PA legislature passed Act 122 of 2022, amending the reporting requirement for businesses registered in the state. Currently, the law...more

Like-Kind/1031 Exchange Basics (Series Part 1)

​​​​​​​A like-kind exchange occurs when a property owner exchanges his/her property for a property of a similar kind. More technically, the property owner sells his/her property and instead of keeping the proceeds from the...more

Revitalizing Downtowns Act; Impact in Philadelphia

The Revitalizing Downtowns Act (RDA) was introduced in the US Senate in July 2021. Designed to revive urban downtowns, the RDA provides a 20% tax credit to developers who convert unused office space into residential housing...more

Are your neighbors iBuyers?

Zillow is an app that is widely known for its online real estate listings and “Zestimates,” which show approximate values of homes. In 2018, Zillow expanded its business to include purchasing homes through its subsidiary...more

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