“Until now, the issue of whether a vacation home qualifies for tax deferral treatment under IRC §1031 was the subject of much scrutiny and uncertainty.
To the delight of many tax practitioners, on Feb. 15, the IRS eliminated that uncertainty by issuing Revenue Procedure (”Rev. Proc.”) 2008-16, effective March 1 which provides a safe harbor for […]

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I always try to keep up with trends and statistics within our local real estate market. I decided to implement some searches today and analyze the data from the sales thus far in 2008 in comparison to 2007. The Great Smoky Mountains Association of Realtors has recently upgraded our MLS Paragon software and I am […]

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Every year, Cure Finders, a charity organization benefiting Cystic Fibrosis research holds a Valentine’s dinner and dance. This year was my third year working the event – and Jay’s 2nd year. I started working for the City a little over three years ago, but didn’t get recruited to help till after my 1st anniversary with […]

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Sevier County had its first significant snowfall this past week, starting on the evening of Tuesday, February 26th. While the forecast called for a dusting for most of us I was confident that we would get a good snow. So much so, that I asked my girlfriend to take off work the next day so […]

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This past Thursday, February 28th,  family and friends of Assistant District Attorney John Sellars threw him a party and invited the entire county.  Unfortunately, Mr. Sellars was unable to attend, as he is currently in Pittsburg awaiting multiple organ transplants.  And the party wasn’t just any party.  It was a concert and auction to raise money for […]

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