Open 24 today
1332 Main Rd, Westport
Accountants
“We have used Ledger Solutions for over a year now. We couldn't be happier. It takes such a load off myself to leave the bookkeeping and payroll to them. I can focus more on building my cleaning business now. Thanks!!“
8AM - 5PM
151 State Rd, Westport
Accountants
“Nick is my CPA here and before selling my commercial rental properties Nick helped me come up with a great plan to save on all those capital gain taxes that I would have had to otherwise pay. We decided to do a 1031 exchange into DST's (Delaware Statutory Trusts). Most people are not familiar but the short version is that you could take the proceeds from the sale of your commercial properties and buy shares of say a 300 apartment complex, a self storage facility, a senior living complex etc. All these DST's are managed by a sponsor and you become hands off everything with no responsibilities at all. You simply get a check sent to your bank account each month. Filing the tax returns for these DST's are pretty complex and will however require an experienced high level CPA and Nick is the right person IMO. For example my 2 tax returns combined were over 300 pages long but well worth it IMO. Disclaimer: I am not a professional advisor or tax consultant nor do I recommend anyone buy into any DST but it was a great option for myself saving all those capital gain taxes. Anyone interested would have to get prepared well BEFORE the sale of their properties or you will not qualify for the 1031 exchange to the best of my knowledge. The proceeds from the sale of your properties would get wired to a QI (qualified Intermediary) right at the closing. It is not very complicated at all but has to be done right in order to qualify for the 1031 exchange is my point. I highly recommend this company for all your tax related business.“
Accountants
Accountants
“I have been using JFD Since 2001. He is very easy to work with, and always goes the extra mile.“