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This past weeks dangerous and sad experience of a young boy who accidentally slipped into the Cincinatti Zoo and Botantical Garden’s gorilla enclosure has created controversy over animals in captivity.  A western lowland gorilla was killed to save a young boy.  The boy was in “imminent danger” leaving the zoo’s Animal Response team with no

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As a Real Estate Attorney, most of my clients need mortgage financing in order to purchase their homes and Real Estate investments.  All of my clients complain to me about the difficulty in satisfying the banking requirements in order to be approved for such loans.  The pendulum has certainly swung dramatically from the situation as

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When buying and selling investment type properties, it is very important to discuss your intentions and the specific details of the transaction with your accountant as well as your Real Estate Attorney.  Too often, clients purchase properties in their own name which can have negative liability and /or tax ramifications.  An accountant and an Attorney

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Real Estate is getting hot as Spring arrives. I am seeing increased activity in Real Estate transactions this month. The interest rates are still low and people are now ready to make their moves. New Jersey has taken a very long time to recover from the 2008 Real Estate recession.  This is largely due to

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Many of my Real Estate investor clients utilize a tax benefit known as a 1031 Deferred Exchange. This IRS regulation allows the seller of investment Real Estate ( and other types of investment Real Estate)  to sell the assets, make a profit, but not pay income tax on that profit in that year. A 1031

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New Jersey applies the Bulk Sale Law to Real Estate sales regarding incoming producing property.  There is a lengthy list of specific types of transactions that are included, herein.  The purpose of this law is to make sure that any taxes that are owed or were previously due from an owner of income producing property

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Lately, I have been receiving many phone calls from clients regarding problems that have developed because they have co-signed mortgages for family/friends.  A co-signer is equally responsible for the repayment of the loan as is the actual home owner. It is extremely important to obtain legal advice before agreeing to co-sign a Note or Mortgage

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Lately, I have seen a number of minor document errors create major headaches for my clients.  A simple inversion of 2 digits on a Deed can create hours of work and hundreds of dollars in additional filing fees to correct.  It is important that you make sure that whoever is preparing your legal documents takes

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Years ago, I was fortunate enough to handle a Capital Punishment Murder Case.  My client was found Not Guilty.  It was only the second acquittal in the State of New Jersey since they brought back the Death Penalty. I was very fortunate to have been provided with the necessary time and resources to prepare the

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In the State of New Jersey, the filing deadline for Municipal Tax Appeals is April 1.  The date is rapidly approaching. A property owner can only appeal the Assessment for the subject property set by the Municipality. You cannot appeal your taxes and you cannot appeal the town tax rate.  You can, however, contest the

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