Both Opportunity Zone funds and 1031 exchanges are ways of reinvesting gains from the sale of a property into another property in order to avoid current taxation and obtain valuable tax benefits. These regimes were created by Congress and codified in the Internal Revenue Code. Both are important tools for managing tax liabilities and for acquiring tax-advantaged investments. One is driven by a national agenda to promote investments in certain locations; the other is driven solely by the taxpayer’s agenda. One regime is very old; the other is very new. Which is the right one for you?

Landlords almost always ask for a security deposit when leasing property to a tenant. This is a sum of money that is held to cover any damage that may occur throughout the course of a tenancy. Although the landlord holds it, a security deposit remains the property of the tenant. The security deposit may be used only for damages that make the apartment un-rentable.

If you’re a business owner looking to limit your personal liability, forming a Limited Liability Company or a Corporation should be a top priority. There are many options to consider when structuring your company, so it is important to carefully evaluate your short term and long terms goals.

A general partnership is a business entity in which two or more “general” partners hold an equal share in the profits, losses, and ownership of their business. A limited partnership is a business arrangement with at least one general partner and one limited partner.

There are different ways an entrepreneur can own and operate a business. Below are general descriptions of the most common options. Depending on goals such as fundraising or desired ownership, one of the following options may be best for you.

One of the biggest mistakes that entrepreneurs can make when they are first getting started is not protecting their intellectual property right from the beginning. There are many valid reasons for this: it’s not legally required, it can drive up initial costs, doing it correctly can be very complicated, and entrepreneur’s often do not foresee these issues. When we help startups build successful brands and companies, we make sure all of their intellectual property needs are met right away. Here are 5 tips that will ensure that you are setting your company up for long-term success.