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Woman Riding E-Scooter Sustained Life-Threatening Injuries in Car Accident
On June 5, 2022 in Cincinnati, a woman riding a Lime e-scooter was hit by a car at the intersection of Findlay and Elm streets, according to local police. The rider and scooter were trapped underneath the car, with the rider sustaining life-threatening injuries. The driver remained at the scene. One witness to the car […]
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Why Are Motorcycle Accidents So Dangerous?
Now that the weather is warmer, it is the perfect time to discuss how to prevent motorcycle accidents and keep riders safe. Motorcycle safety should be a priority for everyone who utilizes Ohio roadways, as the state ranks fourth in the nation for motorcycle use. In a single year in Ohio, there were 4,000 motorcycle […]
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Can I Do a 1031 Exchange on an Inherited Property?
If you have just inherited a property, not knowing your options could cost you. Real estate for novice investors can be complicated. In the case of inherited property, the value of the property and what it is used for, including money owed, the money gained, and taxes, play an essential role and can cause headaches […]
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Can I Do a 1031 Tax Exchange Between States?
A 1031 tax exchange is a way to exchange real property without incurring capital gains tax. This enables you to exchange real estate for other property of an equal or greater value, known as a “like-kind property.” Section 1031 is a federal tax code, so you can exchange properties between states. A state-to-state 1031 exchange […]
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Are Fatal Accidents More Likely on Memorial Day Weekend?
Statistics show that Memorial Day weekend is one of the deadliest times for car travel in the United States. Memorial Day takes place on the last Monday in May, and the holiday weekend begins Friday night, includes Saturday and Sunday, and extends through Monday. Considered by many to be the unofficial start of summer, it […]
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How Long Do I Have to Sue for a Car Accident in Ohio?
The statute of limitations for a personal injury claim in Ohio is two years. That may seem like a long time, but you should pursue a claim as soon as possible. Car accidents can be traumatizing, even minor ones. You could be seriously injured, leaving you entirely focused on your recovery and not worrying about […]
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Can Potholes Cause Car Accidents and Injuries?
Ohio roadways undergo a lot of wear and tear that can cause significant potholes. Some potholes might be shallow and relatively harmless. Others might be huge and cause damage to your car. Potholes can wreck your car’s tires, suspension, and steering. Potholes could also cause drivers to lose control of their vehicle, leading to a […]
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What Are Like-Kind Properties?
For real estate transactions under Section 1031 of the Internal Revenue Code, where capital gains taxes can be deferred, the term “like-kind” is used to define the properties that can be exchanged. Like-kind is essentially saying that the two properties being exchanged are of the same nature or kind, but do not have to be […]
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What Is a 1031 Exchange?
The federal government enables property owners to exchange similar investment properties without having to pay a capital gains tax. The U.S. Internal Revenue Code Section 1031 applies only to investment or business properties. You could not exchange a private home or a vacation home and benefit from the 1031 exchange advantages. A business or an […]
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Car crash in Trotwood claims 1 life, injures others
Despite their own best efforts at staying safe on the road, motorists in Ohio and elsewhere cannot control the actions of other drivers. A moment of inattention or an act of recklessness on the part of a driver can lead to vehicle accidents with horrendous results. Sadly, one woman in Trotwood lost her life recently […]
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