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Month: March 2021

What should I know about like-kind exchanges?

On Behalf of Skelton Slusher Barnhill Watkins Wells PLLC | Mar 18, 2021 | Real Estate

In general, whenever you sell a property for an increase compared to when you purchased it, the Internal Revenue Service (IRS) expects you to pay capital gains taxes. Section 1031 of the United States Internal Revenue Code allows for real estate owners to defer paying...

Two primary provisions for pipeline easement agreements

On Behalf of Skelton Slusher Barnhill Watkins Wells PLLC | Mar 9, 2021 | Oil And Gas

Landowners and businesses negotiating a pipeline easement are looking to move forward with an agreement that best serves their interests. As such, it is important for all involved to carefully review the agreement and negotiate terms that meet their needs. Some of the...