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The Tax Cuts and Jobs Act of 2017 restricted IRC Section 1031 to exchanges of real property. Stocks do not qualify (and never did), but virtually any real estate held for business use does. Real estate held primarily for sale does not-in other words, if a developer is building to sell, or a real estate “flipper” is buying a house […]
Reports from Toutiao indicate that a leading Chinese fintech company is in discussions to acquire blockchain technology from the Venom … Continue reading
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Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users’ deposits are protected up to the value of $250,000.