Homeowners, condominium and timeshare associations (“Associations”) often make the mistake of not filing tax returns based on the belief that they are exempt from having to do so.  However, Associations are required to file tax returns like any other corporation, even if they’re not-for-profit.

Fortunately, most Associations don’t have much, if any, tax liability.  This

charity signIf you would like to make sure your assets and property are distributed in accordance with your wishes, a trust is one of the best tools to help you do exactly that.

Through a trust, you are able to maintain full control over which beneficiaries receive certain funds or property, all while bypassing the lengthy

commercialrenovationMoving your business into a new space can be an exciting prospect. Whether you’re starting a new company or upgrading to a larger or better-located commercial property, you’re likely thinking of all the ways you might modify the space to meet your evolving needs.

If you’re renting the space, however, you will need to be

220px-Charlotte_AmalieDue to frustrations with the foreclosure process, Kennedy Funding Financial, a prominent international lender with a sizable footprint in the Caribbean region, has decided to stop lending in the U.S. Virgin Islands for an undetermined amount of time. Considerable bureaucratic red tape has made it increasingly difficult to take action on properties with tenants who

2015_curtainThe process of buying a home in the U.S. Virgin Islands often comes with uncertainty and emotional ups-and-downs, as well as numerous questions and concerns related to mechanics of a closing in “America’s Paradise” and the financial aspects of the transaction. So when it’s finally time to close the deal, it might be tempting to

houseThere are a number of benefits to investing in residential real estate in the U.S. Virgin Islands, including strong profits, ongoing supplemental income and the access to credit these properties provide. However, there are a few legal considerations you should understand before deciding to make your first investment in residential property in the islands.