Cheated by a Landlord over a Security Deposit?

Author: Joe Pioletti Posted on: . Filed in: Landlord Tenant.

Security Deposit Return

When it comes to security deposits many landlords simply don’t get it. They consider it their own money as soon as they receive it at the beginning of a lease. They think that security deposit money is theirs to use on regular everyday upkeep of the unit. It’s not, that’s what rent money is for.… Read More »

A Dream House with Hidden Problems

Author: Joe Pioletti Posted on: . Filed in: Real Estate.

Pioletti & Pioletti - New Home

You recently bought the perfect house, but after the moving in, you’ve discovered it isn’t as flawless as you thought. Perhaps the roof leaks, the basement floods, or the plumbing is suspect. Whatever the issue might be, there may be legal remedies available to handle the matter. The first step is to contact your insurance… Read More »

The Court Has Ordered an Eviction, Now What?

Author: Joe Pioletti Posted on: . Filed in: Landlord Tenant.

Pioletti & Pioletti Eviction

You have just won a forcible entry and detainer action in court against your tenant in default. The tenant is still occupying the building. Are you immediately entitled to retake possession? Not so fast. Strange as it may seem, winning an eviction suit does not immediately entitle you to take possession of the property. Once… Read More »

Section 1031 Exchanges: Deferring Taxable Gain on the Sale of Property

Author: Joe Pioletti Posted on: . Filed in: Tax.

Pioletti & Pioletti 1031 Exchange

Whenever you sell business or investment property for a gain you typically have to pay tax on that gain. The IRS has created an exception to this rule known as the Section 1031 exchange. These exchanges are also referred to as like-kind exchanges, deferred exchanges, tax free exchanges, and Starker exchanges. If at the time… Read More »

Section 1031 Exchanges: Swap Till You Drop

Author: Joe Pioletti Posted on: . Filed in: Real Estate.

Pioletti & Pioletti Exchange Drop

TURNING A TAX DEFERRAL INTO A TOTAL TAX AVOIDANCE Section 1031 Exchanges: Swap Till You Drop Previously we looked at the requirements and mechanics of a Section 1031 Exchange. For a better understanding of the basic operation of 1031 exchanges please check out that article. Here we look at one aspect of Section 1031 Exchanges… Read More »