Pono, like aloha, embodies many important meanings. When we specifically say to travel pono, we are asking visitors to travel responsibly and thoughtfully. Here on Maui, we are ready to welcome our guests back for the holiday season after the devastating fires in Lahaina and Upcountry. But first we ask for kokua (help) in taking […]
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1031 Exchange — Biggest Tax Loophole In Real Estate?
When an investor sells an investment property for more than it was paid for originally, any profits from the sales price are subject to capital-gains taxes. There is however a way to defer capital gains taxes thanks to current IRS Section 1031 of the tax code. An investor can sell their previous investment property (aka […]