Known as a “like-kind exchange,” a 1031 exchange refers to Internal Revenue Service (IRS) code Section 1031. The provision allows you to swap like-kind business or investment properties while deferring capital gains taxes.
Author: Stone Bank
Home Loan Real Talk: Ashley & Zach B.
With a hot housing market, properties were in high demand and supply struggled to keep up with demand.
SBA Real Talk: David Billings’ Testimonial
The upscale boutique hotel, located across from Snowshoe’s famous Western Territory and a 5-minute walk from the main village, was ideally situated to be a hit with visitors.
USDA Real Talk: Rural Hospital Group Testimonial
Access to quick, quality healthcare is something many of us may take for granted. Urban and suburban communities can choose from various hospitals, clinics, independent practitioners, and even “Quick Care” facilities for their health needs.
SBA Real Talk: Vimal Patel’s Testimonial
The path to small business ownership isn’t always a smooth journey. For Vimal Patel of Dhanvi, LLC, owning a small business was a dream of his, but he had encountered various obstacles along the way.
SBA Success Story: $1,257,000 for a Day Care Expansion
Ask any parent with little ones and the answer is largely the same: children grow fast. Shoes become too tight. Shirts get too snug. Pants won’t button. And socks? Socks are a lost cause as soon as they learn how to take them off.
September 2020 Security Update – Back to School Edition
I think most of us would agree that this has been a crazy year… and if you have school age children then it is even crazier and there seem to be more questions than answers on how our children are (if they are) going to attend school, how will they stay safe, and hundreds of other issues.
Stone Bank Security Newsletter – May 2020
Crooks use clever schemes to defraud millions of people every year. They often combine new technology with old tricks to get people to send money or give out personal information. In these Pandemic day, bad actors continue to try to exploit everyone.
January 2020 Security Update
In today’s digital world, we should not only consider physical assets but also digital assets in our future estate planning. What happens to our digital presence when we die or become incapacitated?
2019 Security Update
Recently it was revealed that Capital One was the victim of a hacking hit that affected about 106 million customers.
Black Friday & Cyber Monday
With Black Friday, Cyber Monday, and the holiday shopping season soon to be in full swing, cybercriminals are working overtime to turn your search for a deal into a score for the bad guys.
Dedicated to Kids Safety
It’s Summer!! And many of us have kids or grandkids or other kids or somebody else’s kids and they are starting to get bored and spend a lot of time on video games or on social media.
Debit Card Locks and Credit Freezes
Many major banks (and definitely Stone Bank) can provide you the ability to lock your debit card. This prevents your debit card information from being used to make a purchase.
Free Wifi, Phishing and Device Security
Recently, the Internet that we all know and use was estimated to contain 19 Terabytes of data.
Email Account Security Precautions
We have seen several instances lately where email accounts have been compromised (Yahoo, Gmail, etc.) The bad guys have gotten the passwords and then sent fake emails pretending to be the user.