Tag Archives: taxpayer
Peter Lindley is a Florida attorney and Certified Public Accountant practicing law in the corporate, real estate, commercial and other transactional practice areas. Mr. Lindley has been practicing law since 1998 upon admittance to the Florida Bar, where his practice started in the corporate law practice group with English, McCaughan & O'Bryan, P.A. and continued with Ruden, McCloskey, Smith, Shuster & Russell, P.A. Mr. Lindley founded Peter P. Lindley, P.A. in 2004 in which he has maintained his boutique corporate, real estate and transactional law practice since, at various time serving as Of Counsel to larger South Florida law firms simultaneously. Mr. Lindley maintains his active CPA license as many of the technical and regulatory areas of law and practice of both law and accountancy overlap.
Taxpayers have for decades been utilizing U.S. Internal Revenue Code (the Code) section 1031 to avoid current taxation on the gains from the sale of their investments in real property. The Tax Cuts and Jobs Act of 2017 eliminated the previously available tax benefit of §1031 respective to personal property. Currently, only real property held […]
