Recently Passco Palm Desert issued K-1’s to their investors for Cancellation of Debt Income. This tax bill will be in addition to the losses suffered by the investors for the failed Passco Palm Desert Investment. When canceled debt is taxable: If you do not qualify for an exception or exclusion, you must report the canceled […]

Soreide Law Group, based in South Florida, has filed a FINRA arbitration on behalf of their client (Claimant) against: CONCORDE INVESTMENTS SERVICES, LLC. (Respondent) The Claimant resides in Southwest Florida and maintained a relationship with CONCORDE INVESTMENTS SERVICES and its Financial Advisor, Bart Harrison. The lawsuit alleges that CONCORDE INVESTMENTS SERVICES and Bart Harrison understood […]