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Key rules to consider when enrolling in 1031 DST investment

Posted in Family Business

First things first, DST stands for Delaware Statutory Trust and it is a legally recognized trust that helps trustees administrate or carry on on behalf of the turstor the property or the professional activities the latters own, everything being done in accordance with the laws. A DST investment is offered as a form of replacement property to an accredited investor who is looking to postpone paying capital gains taxes obtained from the sale of those professional activities or properties by using the 1031 tax deferred exchange. However, in order to be successful, there are several important rules one needs to follow.

It is not personal

The most important rule in the real estate world is that 1031 is for business property and investment, which means one cannot exchange the personal residence for another one. In case you want to follow a career in this domain, you should keep this important rule in mind.

Like-kind is broader than you think

Another important rule in this industry is the fact that like-kind property investment provides more possibilities than beginner investors think. For start, it is worth mentioning that like-kind refers to an exchange that is made tax free between two properties or assets that are considered the same type, but not necessarily of the same quality, and one good example is two pieces of residential real estate. However, you can still exchange raw land for an apartment building, of a strip mall for a ranch for instance, since the rules are more liberal than you think.

Do not worry about delayed exchanges

It is true that an exchange is basically a swap of a certain property or asset for another one between two people, but you should know that it might take some time until you find someone that has the exact property or asset you were hoping for and wanted from the beginning and for that one to want your property. This is the reason why most exchanges are usually delayed and when this happens, the services of a middleman who is supposed to hold the money after “selling” the property are mandatory. This qualified intermediary uses then the escrowed cash money in order to buy the replacement property on your behalf.

Designate replacement property

You should know that there are two timing rules you have to take into account when it comes to a delayed exchange. The moment the sale of the property or asset closes, the middleman receives the cash and from that moment, you have 45 days to provide the middleman with the details of the property you are interested in acquiring in writing. You can designate even three properties if you want, but in the end you would have to close the deal on one of them.

Pay attention to mortgages

Last but not least, you have to pay great attention to mortgage loans or other forms of debt not only on the property you relinquish, but also on the one you acquire, so make sure you do some detailed research before making any deal in order to benefit from the best results.

Benefits of metal treasure hunting for you and your children

Posted in Family Gadgets

Involving children in outdoor activities is difficult. But if you want to open their appetite for outdoor activities and keep them entertained without a television or a laptop, even more, to add an educative side to those activities, treasure hunting might be the answer you were looking for. Who knows, maybe you will transform your children into skilled archeologists. Organizing a treasure hunt is not that difficult and it does not require a lot of your time. If you are looking for metal finder reviews there are many places you can find some pieces of advice regarding metal treasure hunting. Below we present you some benefits of treasure hunting for children.

1. They are going to do some physical exercise

Sticking in front of a television or other multimedia devices may affect your children’s health, given the lack of physical exercise. We all know how important physical exercise is for a growing child. It is increasing blood flow in brain, helps them to develop strong articulations and muscles, as well as strong heart muscles. Developing a habit for physical exercise will help them maintain a lean body, burn more calories and fight obesity as well as increase their endurance. A good metale detector that you can buy for your child would be this junior model.

2. They are going to learn the importance of rules

When preparing a treasure hunt for your children you want to include a set of rules for them to follow. This way they will learn to respect their team members, as well as the members of the opposing team. Teach them what fair play is and the fact that cheating may be an easier way to win a competition, but is the wrong way. Teach them to show respect for the nature by making them to clean after they finish the treasure hunt and dispose garbage in special places. If not available, teach them to collect in improvised disposal containers (a bag, for example).

3. Treasure hunts help children to develop better space and time orientation abilities

At a young age, it is crucial for your children to develop good notions of time and space orientation. This way it will be easier for them to organize their time better and be aware of the places they see and find their way back to home easier. Spatial awareness makes it easier to follow instruction and directions and will help to become better at writing letters and solving math problems. It will also increase their independence. Practicing those skills will help in adult life. It is important to know where you parked your car in a parking lot, after all.

4. They will become more creative

When organizing a treasure hunt, make sure you create a story behind the objects you bury for them to find. A story with characters and events like those you read them before going to bed will help them visualize differently the activity they are involved in and create a purpose.

Here you have four benefits of preparing a treasure hunt for you and your children. Start searching for the proper tools and start your search.

Do you qualify for the New Housing Rebate if you build a house?

Posted in Perfect Family

The Ontario New Housing Rebate has been one of the most popular programs in the past couple of years, allowing new homeowners to get back part of the tax they paid when they purchased the property. However, there are still many Ontario residents who do not know about it or who are not aware of all eligibility rules. For example, most people associate the New Housing Rebate program with buying new or renovated real estate, but what about houses built from scratch? These are eligible as well and you can enter the amount you paid on sites such as rebate4u.ca to find out how much you can get back. So, if you’ve recently built a home from the ground up, you should start the application process as soon as possible, before time runs out. Certain terms and conditions do apply, so here’s what you need to know before looking for an estimate.

Requirements that must be fulfilled to qualify for NHR

First of all, the new house must be built on land that was either owned or leased by you. If there used to be another house on that piece of land, then you will have to bring papers showing that at least 90% of it was removed. If you built a new annex to the existing house, then this annex must double the size of the house, otherwise you do not qualify.

Commercial properties rebuilt into houses

If you purchased land on which there was a commercial property, such as a shop or restaurant, for instance, and then turned it into a living space, you qualify for the New Housing Rebate program. Again, you will need papers to prove that the new building is residential, that 90% of it was removed or that the annex you build doubled it in size.

Is there a time limit to apply for the NHR?

Yes, there is a time limit and, if you qualify, you should submit your application as quickly as possible. The maximum amount of time between construction and application depends on whether you apply for a provincial or federal rebate program. Thus, the limit for federal programs is two years. In the case of provincial programs, it varies. Some provinces allow up to four years, while others only one, so make sure you check requirements in your province so you don’t miss out on the rebate. Also, some provinces may have a time limit for you to move into the newly built house. If more than two years pass, you may no longer be eligible.

Final criterion – house worth

The last thing that you should take into the account before applying for the rebate program is the value of the house. If the house is value at less than $450,000 and you paid the construction less than this amount, you can apply and expect to receive the rate, but if it cost more, you are not eligible.

These are the main criteria for obtaining a housing rebate on newly built homes, but differences may appear between federal and provincial programs. Get in touch with your local authorities if you require additional clarifications.

Boiler repairs do’s and don’ts

Posted in Perfect Household

Boiler heating systems are one of the most popular heating sources in British homes, with thousands of people relying on them for warmth and comfort. They can withstand a considerable amount of daily wear and tear, but, like all other appliances, they will inevitably lose their efficiency over time or even break down completely, and when that happens, you need to call in boiler repair London experts. There are so many companies that repair boilers that you definitely won’t have trouble finding one, but it’s important to approach this process with professionalism and responsibility. The task of repairing the boiler might come down to the company, but you should also pay attention to a few aspects in order to avoid scams and disappointments. These simple do’s and don’ts teach you the most effective ways of tacking boiler repairs:

 

 

Do – invest in annual maintenance

 

You shouldn’t wait for the boiler to stop working completely to call a repairs time. Prevention is better than treatment, so call a local contractor to look at your boiler once a year. This way, you will detect mechanical issues before they become fatal and reduce the costs of extensive repairs. One of the most dangerous issues that you can prevent with annual maintenance is the increase in carbon monoxide emissions. It’s very important to have maintenance done even if you can’t see any sign of damage. In many cases, it takes the eye of a trained professional to notice a malfunction.

 

 

Do – choose serving timing wisely

 

There is nothing more unpleasant than servicing your boiler in the winter, when it should be working non-stop. To prevent unpractical down times, call a repairs company in the summer, when you can go a couple of days without it. If the experts find extensive damage, they will need to spend more time on it, which doesn’t affect you that much in the warm summer months. Needless to say, you should ask the company how long the repairs will last and what exactly they will be doing every day.

 

Don’t – trust the cheapest contractor

 

Boiler repairs can be expensive, so many homeowners choose the cheapest quote. This is a risky thing to do, because low-cost repairs services compromise on quality. The workers might not be qualified or the spare parts they use might come from old boilers. Low initial prices are tempting, but in the long run they could cause even more damage and require an additional round of repairs. Also, work with a contractor that has fixed rates, because this way you will know from the very beginning how much you have to pay and plan accordingly.

 

Don’t – hire unaccredited companies

 

Another big mistakes that homeowners make when hiring a boiler servicing company is forgetting to check if they are Gas Safe registered and if their staff is accredited. Registration is not just a matter of paperwork in this industry; it shows that the company has trained staff who understand boiler quality standards, as well as the best safety practices. If you work with uncertified technicians, not only can you end up with superficial work, but also risk your family’s safety.

 

 

Interesting ways in which dogs can actually improve your life

Posted in Perfect Family

Adopting a dog comes with a series of responsibilities, but you have to agree that it also comes with many great benefits. If you have decided to adopt a dog, the first step to make is to look for an adoption centre and what other better place to look for one other than the internet. There are numerous such centres that have made their services known on the internet in order to make it easier for people to find more about them and one great example is Mypetzilla. There are various ways in which a dog can improve your life and below are only a few examples.

Healthier heart

Having a dog definitely has a good impact on your health and helps you have a healthier heart. The reason is quite simple – having a dog means that you have to take it outside for a walk at least once a day, which means you walk along with it too. Doing physical exercises, such as walking every day improves your blood pressure and lowers the chances to get heart diseases or other heart issues.

Stress reliever

It is scientifically proven that dogs can help you get rid of stress and makes your body release a specific relaxation hormone. Seeing how happy they are the moment you come back from work and playing with them even for one hour a day increases your good mood and helps you forget about all the problems you have had over the day at work.

Better social life

If you are a depressed or solitary type of person, having a dog is the best way in which you can improve your social life and meet some new people. The moment you take your dog out for a walk in the park, it might happen for some people to stop and ask you various questions about your dog, such as where did you have it from, or its age for instance. This is a great method to help people overcome their anxiety of talking with other people for instance.

Great for autistic children

There are numerous studies that show dogs have a very good impact on children who suffer from autism. Having a dog near them all the time helps them relate better with people around them, such as parents, classmates in school or other relatives. Some scientists have shown that it is a lot easier for children to interact with those special needs children whenever pets are around, so adopting a dog in case your child suffers from autism is a great idea.

Better mood

It is commonly known that dogs have a lot of energy and they like to play a lot, even though they are five years old for instance. Owning a dog implies offering it constant attention and playing with it a lot, which believe it or not helps you have better mood and makes you happier.

To conclude, these are only some examples of ways in which owning a dog can improve the quality of your life.

Driving habits that affect your car insurance

Posted in Perfect Family

Before buying a car, you might have talked with your friends, and you might have found out that they do not pay the same sum for the insurance, but you cannot understand why. Well, you should know that different companies have different offers when it comes to car insurance, so you have to compare the quotes before choosing one. Also, depending on the model of the car and other similar aspects the price of the insurance might differ, so you have to consider all of them before buying the car, and choosing an insurance provider. But you should know that your driving habits are the ones that would influence the most if you get cheap car insurance in Australia or not. Take a look at the following lines, and you will understand how your driving style influences the price you pay for an insurance.

Driving habits that decrease your car insurance

You will be able to get a cheaper insurance of you are driving in areas with low risk of accidents. In case you are living in a rural area or place which is slow-paced, and where do not pass too many cars every day, you might be able to get a smaller price for the insurance, because the company is aware that you probably will not experience any accidents. One of the main questions asked by the insurance provider is how often are you driving, and in case you drive infrequently, you might not have to get an expensive coverage. This is the case of people, who are working for home, because they do not drive their car more than twice a week. Also, if you are the only driver on the policy, you will pay less.

Driving habits that increase your car insurance

You or the providing company might decide to have a higher insurance, if you are experience one of the following situations. In case you use to drive in a busy area, it means that the risk of having an accident is higher and you will have to opt for a higher insurance. This means that you are living in a populated city, you would definitely have to consider this. In case you have to drive a lot, because the job requires it, or because you have to do this on a daily basis, you are at a higher risk to be involved in a car accident and the provider would offer you a more expensive coverage. In addition, the model of vehicle you own would influence the sum you have to pay for the insurance, because if it is a super valuable or an antique one, the costs will raise. If in the past you had auto accidents, the provider might consider offering you a higher insurance, because the chances to have another one are increased, or at least this is their opinion. Be sure to consider the upper cases when you decide either to have a bigger or smaller insurance, and always listen to the specialist advice.

Why say yes to business improvement coaching?

Posted in Perfect Family

The world of business is in a continuous change. There is always something new, a new revolutionary idea that surprises even the most experienced investors. These ideas are the trigger, these are the ones that increase the level of competition on the market and force business owners to keep their eyes and mind open at all times. Change is good because it stimulates those that are part of a market to improve their game and to work hard to gain new skills. Luckily, you are not alone in this battle. The good news is that this high competition level has brought to life a variety of business improvement coaching courses. When taking part in such events, you gain so much more than you might have expected. Unfortunately, even though the current business market pushes you to keep on changing your views upon the market, there are those participants that are still reluctant to such courses. To help you to better understand this world and seek the help of business management experts, here are three benefits you will be gaining once you get involved in courses of this kind.

Discover the new world

One of the biggest advantages you will be gaining as a result of joining such courses is a completely new and improved perspective upon the world. It is very important to regard the new business world with a different pair of glasses, one that will help you see opportunities faster and offer you the key to maintaining your success in a field that is now governed by other rules. Learn to discover the new world of business from actual experts and enjoy everything it may provide you with.

Spreading the word differently

A key to making your business work is spreading the word about it. Let your public know what you are doing, the products or services you are offering. You have two options. You can either do it in the old fashion, traditional manner or you can line up with the modern business world and promote your business through completely new methods. Improving your marketing skills can lead to the success of your business.

Find solutions faster

These courses aim at teaching you the entrepreneur how to adequately deal with both the customers and your staff. These are the areas that can, most of times generate conflicts. Learning how to solve problems and how to keep everyone happy is a great asset. You will learn to quickly find appropriate solutions in terms of budget and applicability, for the problems that might appear.

Taking advantage of telehandler rental benefits

Posted in Perfect Household

If you need help with lifting and shifting heavy loads from one place to the other, then you definitely need to add business equipment rental to your management plan. Hiring a telehandler is the ideal solution for construction and industrial companies of all sizes, especially when the machinery is going to be used once in a while or for a short period of time. The truth is that there are many instances when you should simply rent heavy equipment, in particular when there is an urgent need. Telehandlers for rent are not only more convenient because they allow you to do more jobs with only one machine, but more affordable as well. In what follows we will enlarge upon the main benefits of hiring a telescopic handler.

Cutting down on costs

Renting from a heavy equipment hire business can be the only solution when you have monthly or daily operations. Basically, you only pay for the number of days that you will be actually using the teleporter. During this period, you will get the opportunity to see how the equipment works prior to making a huge financial commitment. Not only do you get to test some of the most proficient technology at a steep price, but you do not have to worry about maintenance. The upkeep is entirely the responsibility of the rental company, so should the machine happens to break down, it will be a burden on your budget.

Lowering logistical demands

When finally entering new sectors of the market or for project sites that are well out of close reach, it is necessary to arrange transportation. Fortunately, the heavy equipment hire company will relieve you of this logistical burden. To be more precise, you will not need to hire help to transport the telescopic handler from point A to point B. The rental company is the one responsible for making sure that the heavy equipment is present at the worksite. You will only have to worry your head with managing the project and the workers.

Enjoying a wide range of products

It is not at all uncommon to need additional pieces of equipment for some operations. So, what do you do when you are in desperate need of extra pieces? Well, you turn to the hire agency. The company will be more than willing to lend you a helping hand. Companies that offer teleporters for hire understand the increased need for equipment, reason why they provide you with the opportunity of increasing the number of telehandlers when necessary. You can therefore instantly increase your capabilities and get the job done.

The bottom line is that the best course of action is to approach a rental company, that is if you want to increase profitability and productivity.  If you hire a telescopic porter for the job, you can rest assured that you will be able to overcome any construction obstacles. Just make sure to ask the right questions before hiring and know the basics. Otherwise, you may not make a good investment.

Stage equipment essentials for a successful outdoor event

Posted in Family Business

When planning an outdoor event, there are many considerations that need to be thought through. Among all the tasks you will need to take care of, renting proper stage equipment is one of the most important one. From stage hoists to projections screens, there are a few elements that should not miss. Because you probably have a lot on your mind, you need to make a list of all the essentials, to make sure you will not forget any single important item.

 

Sound

The audio equipment you use is highly important, especially for music festivals. Discuss with the hire company you have found and make sure the equipment installed is suitable for the type and proportions of the event hosted. Poor audio quality can ruin an entire festival, so pay attention to this aspect, to avoid any possible unpleasantness.

Projection screen

If the event you will be hosting will be one of large proportions, then renting a projection screen is recommended. This way, you will provide the entire audience with the same viewing experience, which is something you probably desire. Think about how many people will be participating, and hire a projection screen for exactly the viewing capacity you require.

Lighting

Because any good festival usually lasts the entire night, the lighting equipment you use is another important element for the smooth going of the event. For safety and presentation purposes, proper lighting is essential for outdoor shows. Choose a well-designed lighting equipment that will influence in a positive way the quality of the show. It is also advised to hire a qualified lighting operator, to avoid any incidents.

Stage electricity

If the outdoor event is hosted too far away to use a main source of power, you will need to rent or buy a generator. Without electricity, you will not be able to host the festival, so make sure you have a generator at your disposal that can supply sufficient power for all the lights and PA.

If you desire for your outdoor event to go as perfectly as planned, then make sure to include each important item among the stage equipment required. You can easily find a reputable company that can provide you with the hire and installation services you need. For safety reasons, it is imperative to hire a team of experienced specialist to install all the equipment properly. Look online and find a company that can put at your disposal all the stage equipment essentials

What defines a marketing consultant?

Posted in Family Business

A lot of changes have taken place in the world in the last few years and several have had to do with the concept of business. This has been reshaped and it currently looks completely different than what you might have been used to. Nonetheless, people have adapted and specialists in domains like SEO or online marketing and advertising soon made their presence noticed. Today, there is nothing complicated in finding a marketing consultant. A trustworthy and dedicated such expert however is something completely different and it is this search that might prove to be more challenging. Even so, it is not impossible. Finding a real marketing consultant that can add value to your business is definitely a goal that can be achieved if you decided to follow a few simple rules and consider aspects that define this domain and all those part of it. To make things simpler for you, here are three aspects that have come to shape the manner in which a marketing consultant works, thinks and creates.

Know the past and the future

Marketing is not a domain that has just appeared, now that the Internet has taken up wings and started to fly. Marketing is part of the world of publicity and sales. A dedicate and trustworthy consultant will know the rules of traditional marketing, but at the same time will have eyes to see the future. Traditional marketing is now very much defined as digital marketing and for good reason. Experience and focus has taught the specialist to change his or her perspective and adapt to the new world, the one that is run by the Internet.

Creativity

In this domain, you cannot do anything with a great deal of creativity. It is absolutely necessary for an expert of this kind to see the world in a different manner, to be creative about all facts, not just those that are related to work. These specialists have a natural creativity and this helps them in seeing new and intriguing advertising opportunities.

Attention to detail

One of the tasks a marketing consultant has to achieve is to put together complicated advertising campaigns. These could include commercials, product catalogues and launches, events and so on. In order for such a campaign to develop in the expected manner, the consultant or manager needs to be careful about details, because these are the ones that make the difference. You might think that this is not that big of a deal, but rest assured that with everything that will be going, details could easily slip by you.

It is very important to invest in trustworthy marketing services. You would be surprised of how much this domain can help your business. If you do not have an in house marketing department, you could always contact an outside company and request the services of a consultant on a determined period, project based collaborations. If the second option fits your needs, then make sure you are going towards a trustworthy company that can rise to expectations. It might take a while before you can find it, but in the end you will realize that it was worth the wait.