Types Of Tax Exchanges}

Submitted by: Nationwide1031

Although the vast majority of exchanges occurring presently are delayed exchanges, let us briefly explain a few other exchanging alternatives.

Simultaneous Exchange

As mentioned previously, prior to Congress modifying the Internal Revenue Code as to exchanges and formally approving the concept of delayed exchanging, virtually all exchanges were of the simultaneous type. To qualify as a simultaneous exchange, both the relinquished property and the replacement property must close and record on the same day.

Some investors still try to accomplish simultaneous exchanges, primarily to avoid or reduce the payment of multiple closing fees or exchange fees to a facilitator. There is significant danger and legal exposure in this attempt since many unforeseen events can cause the closing to be delayed on one of the properties, leaving the investor with a failed exchange and the obligation of taxes that would otherwise be deferred.

For example, if the properties are located in different counties, it is highly unlikely that the closing can take place on the same day. If two different title, escrow, closing firms or attorneys are involved, it is virtually impossible for both to have the funds to close in their possession on the same day. For instance, with “Good Funds laws existing in many states, an escrow holder cannot disburse funds not actually in his possession. Further, in directing an escrow holder to disburse funds for the purchase of the replacement property, it could be contended by the IRS that the investor had what is considered “constructive receipt” of the proceeds of the sale, and therefore taxes on the gain would be due.

However, the 1031 regulations contain what is referred to as a “Safe Harbor” provision, which does provide that in the event a facilitator or intermediary is used in a simultaneous exchange, and the transaction proves not to be simultaneous, the exchange will not fail simply for that reason.

Improvement and Construction Exchange

In some cases, the replacement property requires new construction or significant improvements to be completed in order to make it viable for the specific purpose the Exchangor has intended for the property. Such construction or improvements can be accomplished as part of the exchange process, with payments to contractors and other suppliers being made by the facilitator out of funds held in a trust account. Therefore, if the replacement property is of lesser value than the relinquished property at the time of the original transaction, the improvement or construction costs can bring the value of the replacement property up to an exchange level or value which would allow the transaction to remain tax free.

Business or Personal Property Exchange

Although our discussion in this tutorial involves the typical exchange of real property, Internal Revenue Code Section 1031 does allow the exchange of many types of property other than real estate. Investors may exchange, for example, rail cars, trucks, ships, classic cars or livestock, among other assets. Therefore, business exchanges are a common transaction.

While the basic exchange rules are the same, certain complications arise in classifying the non-real estate assets into one of several categories or SIC classes so that they meet the associated like-kind requirements.

While this is a simple enough process for the experienced facilitator, it can be thoroughly confusing for the uninitiated Exchangor, making the selection of his Intermediary or facilitator extremely important to the successful structuring of the exchange.

If you desire additional information regarding business or personal property exchanges, please consult an experienced tax professional to first determine the classes of properties available to be exchanged. Then, remembering that all personal property must be exchanged within the same class (locomotive for locomotive, collectible art for collectible art, pizza oven for pizza oven, etc.), assign values for the various assets within that class. These collective values, will then reflect the value of the total exchange.

Also, some personal property and business items are not exchangeable. Most notable in this group are such items as goodwill or inventory.

Again, as mentioned above, do not undertake the planning of a business or personal property exchange without the assistance of an experienced tax professional. In any business exchange, the time and money you invest in planning will be well worth it when your transaction is deemed qualified.

Reverse Exchange

The reverse exchange is actually a misnomer. It represents an exchange in which the Exchangor locates a replacement property and wants to acquire it before the actual closing of the relinquished or exchange property. Since the Exchangor cannot purchase the replacement and later exchange into property that he already owns, he must find a method to acquire the replacement property and still maintain the integrity of his exchange. Reverses are typically accomplished in two formats based upon transaction logistics and the financing needs of the Exchangor.

The Scenario A strategy is utilized only when the Exchangor requires traditional financing to complete his acquisition of the replacement property. Since few lenders would lend dollars to the Exchangor with the facilitator on title, it is necessary for the facilitator to warehouse or hold the title to the relinquished property. In this approach, the exchange is complete at the moment the Exchangor accepts the title to the new replacement property. However, with the prospect of the exchange being complete, it is necessary to balance equities between relinquished and replacement, prior to closing. In other words, upon closing the replacement, there must be an equal amount of equity in the replacement property as is expected to come out of the later sale of the relinquished property. Then, at the time of the later sale of the relinquished or exchange property, any debt is retired and the Exchangor is repaid any dollars which he advanced for the replacement property acquisition.

In Scenario A, the facilitator, with the aid of a loan from the Exchangor, acquires the replacement property and warehouses or holds the property title until such time as the relinquished property is sold and the exchange can be completed.

At this point we need to insert several caveats regarding reverse exchanges. They tend to be more complicated than other exchanges and because they involve the holding of title by a facilitator, they require extensive planning. Also, since the reverse exchange strategy was specifically excepted from the Treasury Regulations, they should be considered an aggressive form of exchanging. Do not undertake a reverse exchange without the assistance of an experienced and knowledgeable facilitator or Intermediary.

Delayed Exchange

Generally, when one discusses exchanges, the type of exchange referred to is the delayed or Starker exchange. This term comes from the name of the Exchangor who was first challenged for a delayed exchange by the IRS. From this tax court conflict came the code change in 1984 that formally recognized the delayed exchange for the first time. As mentioned earlier, this is now the most common type of exchange.

In a delayed exchange, the relinquished property is sold at Time 1, and after a delay, the replacement property is acquired at Time 2. The following will represent the traditional rules and time constraints for completing a qualifying delayed exchange.

Like-Kind Property

Property that qualifies for exchange under Section 1031 must be “like-kind”, which is defined in the Regulations as follows:

a) Property held for productive use in a trade or business, such as income property, or

b) Property held for investment.

Therefore, not only is rental or other income property qualified, so is unimproved property which has been held as an investment. That unimproved property can be exchanged for improved property of any type, or vice versa. Also, one property may be exchanged for several, or vice versa. This means that almost any property that is not a personal residence or second home is eligible for exchange under Section 1031. Even the vacation home that is used for that purpose part of the year, and is rented part of the year, is considered “mixed use” property and may be exchanged under 1031 for other mixed use property.

About the Author: This article brought to you by Nationwide Exchange Services. Nationwide Exchange Services (NES) is a leading provider of 1031 tax deferred property exchange products and services. Learn more about

1031 Tax Exchanges

.

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The White Stripes to tour ‘Great White North’
">
The White Stripes to tour ‘Great White North’

Saturday, April 28, 2007

Grammy Award-winning rock band The White Stripes announced on Wednesday the Canadian leg of a tour in support of their soon-to-be-released album, Icky Thump. The tour, which would be the first cross-Canada excursion for The White Stripes, will see the band play dates in all provinces and territories.

The latest tour for The White Stripes will kick off June 1 in Nürburgring, Germany and will play several dates in Europe before starting off in Canada on June 24, in Burnaby, British Columbia. Canadian dates will include stops in northern locales such as Whitehorse, Yellowknife, and Iqaluit, on Baffin Island.

The White Stripes, made up of guitarist/singer Jack White and drummer Meg White, have developed a significant worldwide following with their blend of punk and blues, guitar-oriented rock. The band had expressed interest in playing cities they had not yet visited. “Having never done a full tour of Canada, Meg and I thought it was high time to go whole hog,” said Jack White on The White Stripes website. “We want to take this tour to the far reaches of the Canadian landscape. From the ocean to the permafrost.” The band’s website referred to Canada by its nickname, the ‘Great White North’.

The White Stripes have played to thousands in large outdoor festival settings, but will have to deal with different logistics while setting up in a northern location, such as Iqaluit.

Some 500 tickets for the Iqaluit show are to be sold, with an admission fee of approximately CA$40. Mike Bozzer, the city of Iqaluit’s economic development officer, told CBC News that talks have taken place with The White Stripes’ publicist regarding equipment, technicians, security and other such details. “It’s definitely going to have some economic impact, and they’ll come back home with positive stories of the city,” said Bozzer.

The band’s ten-year anniversary will be reached at a point during the Canadian leg of the tour, which will be commemorated. “Another special moment of this tour is the show which will occur in Glace Bay, Nova Scotia on July 14th, The White Stripes’ Tenth Anniversary,” said Jack White.

Following the Canadian dates, The White Stripes will embark on a tour in the United States, which will reach some 16 states they have not yet visited during their career, among other repeat locations.

2007 Canadian Tour Dates   Venue City Province/Territory
June 24   Deer Lake Park Burnaby British Columbia
June 25   Yukon Arts Centre Whitehorse Yukon
June 26   Shorty Brown Multiplex Arena Yellowknife Northwest Territories
June 27   Arctic Winter Games Arena Iqaluit Nunavut
June 29   Pengrowth Saddledome Calgary Alberta
June 30   Shaw Convention Centre Edmonton Alberta
July 1   TCU Place Saskatoon Saskatchewan
July 2   MTS Centre Winnipeg Manitoba
July 3   Community Auditorium Thunder Bay Ontario
July 5   Molson Amphitheatre Toronto Ontario
July 6   Bell Centre Montreal Quebec
July 7   John Labatt Centre London Ontario
July 8   Bluesfest Ottawa Ontario
July 10   Moncton Coliseum Moncton New Brunswick
July 11   Charlottetown Civic Centre Charlottetown PEI
July 13   Cunard Centre Halifax Nova Scotia
July 14   Savoy Theatre Glace Bay Nova Scotia
July 16   Mile One Centre St. John’s Newfoundland
The White Stripes to tour ‘Great White North’
">
The White Stripes to tour ‘Great White North’

Saturday, April 28, 2007

Grammy Award-winning rock band The White Stripes announced on Wednesday the Canadian leg of a tour in support of their soon-to-be-released album, Icky Thump. The tour, which would be the first cross-Canada excursion for The White Stripes, will see the band play dates in all provinces and territories.

The latest tour for The White Stripes will kick off June 1 in Nürburgring, Germany and will play several dates in Europe before starting off in Canada on June 24, in Burnaby, British Columbia. Canadian dates will include stops in northern locales such as Whitehorse, Yellowknife, and Iqaluit, on Baffin Island.

The White Stripes, made up of guitarist/singer Jack White and drummer Meg White, have developed a significant worldwide following with their blend of punk and blues, guitar-oriented rock. The band had expressed interest in playing cities they had not yet visited. “Having never done a full tour of Canada, Meg and I thought it was high time to go whole hog,” said Jack White on The White Stripes website. “We want to take this tour to the far reaches of the Canadian landscape. From the ocean to the permafrost.” The band’s website referred to Canada by its nickname, the ‘Great White North’.

The White Stripes have played to thousands in large outdoor festival settings, but will have to deal with different logistics while setting up in a northern location, such as Iqaluit.

Some 500 tickets for the Iqaluit show are to be sold, with an admission fee of approximately CA$40. Mike Bozzer, the city of Iqaluit’s economic development officer, told CBC News that talks have taken place with The White Stripes’ publicist regarding equipment, technicians, security and other such details. “It’s definitely going to have some economic impact, and they’ll come back home with positive stories of the city,” said Bozzer.

The band’s ten-year anniversary will be reached at a point during the Canadian leg of the tour, which will be commemorated. “Another special moment of this tour is the show which will occur in Glace Bay, Nova Scotia on July 14th, The White Stripes’ Tenth Anniversary,” said Jack White.

Following the Canadian dates, The White Stripes will embark on a tour in the United States, which will reach some 16 states they have not yet visited during their career, among other repeat locations.

2007 Canadian Tour Dates   Venue City Province/Territory
June 24   Deer Lake Park Burnaby British Columbia
June 25   Yukon Arts Centre Whitehorse Yukon
June 26   Shorty Brown Multiplex Arena Yellowknife Northwest Territories
June 27   Arctic Winter Games Arena Iqaluit Nunavut
June 29   Pengrowth Saddledome Calgary Alberta
June 30   Shaw Convention Centre Edmonton Alberta
July 1   TCU Place Saskatoon Saskatchewan
July 2   MTS Centre Winnipeg Manitoba
July 3   Community Auditorium Thunder Bay Ontario
July 5   Molson Amphitheatre Toronto Ontario
July 6   Bell Centre Montreal Quebec
July 7   John Labatt Centre London Ontario
July 8   Bluesfest Ottawa Ontario
July 10   Moncton Coliseum Moncton New Brunswick
July 11   Charlottetown Civic Centre Charlottetown PEI
July 13   Cunard Centre Halifax Nova Scotia
July 14   Savoy Theatre Glace Bay Nova Scotia
July 16   Mile One Centre St. John’s Newfoundland
US General David Petraeus passes out during Senate testimony
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US General David Petraeus passes out during Senate testimony

Wednesday, June 16, 2010

The general appears to be doing very much better.

While testifying before the Senate Armed Services Committee, General David Petraeus, head of the U.S. Central Command, passed out briefly while answering a question from Senator John McCain from Arizona.

While answering the question, Petraeus slumped over in mid-sentence and the hearing was immediately suspended while several people rushed over from the table to help him. Shortly after, Gen. Petraeus regained consciousness and walked from the hearing room under his own power.

The chair of the Senate Armed Services Committee, Michigan Senator Carl Levin said the general “appears to be doing very much better.” The senator also said that Petraeus was eating and may have been dehydrated, and that the hearing might resume. Petraeus was testifying on the Afghanistan War.

After a short time, Petraeus returned from the room he was in, smiling and sipping from a cup. Though the hearing was resumed briefly, given the circumstances, Levin postponed the hearing until Wednesday. As the hearing closed, McCain called the general one of the “nation’s heroes” and also said “we’re glad you have recovered and look forward to seeing you again tomorrow.” As Levin sounded the gavel that closed the hearing for the day, applause broke out.

Some people have speculated that Petraeus passed out because of McCain’s questions, as the General slumped over while answering McCain. However, later General Petraeus said “It wasn’t Sen. McCain’s questions. I just got dehydrated.”

Facts About Dolphins

Facts About Dolphins

by

Blair Levi

Dolphins are marine mammals and possess a variety of qualities that are very similar to porpoises. There are dozens of dolphin species in existence today. The dolphin family contains species such as the bottlenose dolphin, but it also contains species such as the killer whale as well.

These mammals can be found in all types of bodies of water. If you are looking to find a bottlenose dolphin you can easily find them in almost every ocean of the world. On the other hand, if you are looking for more exotic species included in this wonderful family of creatures you may have to look in more specific parts of the world to find them.

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This mammal family is full of very social creatures and they animals generally travel together when in the wild. Along with being social amongst each other, the dolphin family has proven to be one of nature’s greatest communicators with humans. For this reason, humans have developed a strong relationship with this species and often find them to be very playful and an enjoyable to interact with.

The modes of communication dolphins utilize to communicate with other dolphins involve a wide variety of sounds. The most common sounds dolphins use to communicate with others include whistling, clicking noises, and pulsing sounds.

If you are wondering what you to feed dolphins if you come into contact with them in the wild, you should be aware of the fact that dolphins love fish. Although these mammals eat a wide variety of seafood, especially when you take the many genera of dolphins into consideration, they do have specific preferences when it comes to the fish they consume.

Dolphins have had a tremendous amount of success living and breeding in the waters of the world over the last 10 million years. More recently though they have ran into one of their greatest foes, humans. Humans have effectively killed off a large portion of this aquatic population through the use of boats and poor pollution standards.

Many dolphin species are on the list of endangered species. It is likely that they will continue to be threatened as long as the humans continue to harvest them for their body parts and as long as we maintains very little devotion to the maintenance and preservation of the habitats these wild creatures depend on for survival. Resurgence in the marine populations will likely occur as we continue to promote green lifestyles and as the humans become more aware of this unique species’ plight.

If you are interested in fishing then check out my review of the

best fish finders

on the market. Before your next camping trip make sure you go over my

camping checklist

so you’re prepared for the outdoors.

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Facts About Dolphins

Ashish Kashyap On Start From The Ground}

Submitted by: M&A Critique

Leadership & Quotes: Ashish Kashyap

Wherever there is a big problem there is an opportunity build+invest+acquire

Ashish Kashyap, founder and chief executive officer of ibido Group is a quintessential start-up entrepreneur in the Indian internet space. Within a span of few years, he established the brand in the area of e-ticketing across platforms and owns establishments such as Goibibo.com, redBus.in and travel boutique and has become a role-model for young entrepreneurs in the digital space.

Apart from building the online travel business both organically and inorganically, Kashyap has launched ibibos payments unit and serves on the management board of PayU global. The 41-year old entrepreneur also spearheaded the acquisition of Djubo, immense valuered Bus.in, YourBus, Gaadi Web, PayU India, and these buyouts immense value for all stakeholders. Besides these, he did various M&A transactions and investments inTek Travels, travelboutiqueOnline, and other internet and mobile space.

The Gurgaon-based group clocks transactions worth INR 1,000 crore per month, according to a PTI report quoting Kashyap. In FY16, the group is looking at triple digit growth in terms of the value of transactions and the biggest driver of the growth will be online hotel bookings. In fact, he elaborated to PTI by saying that the group is open to both organic and inorganic options for its future expansion.

Prior to becoming an entrepreneur, he was the country head of Google India and had set up the operations from the scratch, giving him an insight into the importance of brand building. He also started the e-commerce businesses at Indiatimes.com, launched the online marketplace business, Indiatimes Shopping and turned them profitable. An economics graduate from Delhi University, he pursued a diploma in International Masters in Practicing Management from INSEAD, Fontainebleau, France.

His mantra for success is very plain and simple: Dont get emotionally attached to what you have created. Be realistic fail fast, kill fast and evolve, he said in an interview to Economic Times. The group recently got the Economic Times Most Promising Brands 2015. He is a believer in Made in India philosophy as every piece of code and technology at ibido Group is made in India.

Kashyap loves being around technology and gadgets like Apple TV, iPhone, Kindle, MacBook are close to his heart. He balances his personal and professional life with elan and the book The Monk Who Sold his Ferrari has left an indelible impact on his life.

Take for Young Entrepreneurs

In a recent interview with YourStory Mr. Kashyapadvised young entrepreneurs looking to venture out on their own

Dont be scared of failing. But fail at low cost and also, fail fast.

When you are launching a product, ask yourself how you can solve the problem better or differently. This is a very important point. Even if you do a me-too kind of product, you need to know how you are able to solve a customers problem differently and better.

And finally, dont be scared of changing.

His secret of your success are paranoid to succeed; adapt to change; intuition; lead by example; innovating at the edge of chaos as he has said in an interview.

Creating products and applications that make customers happy is something that I really enjoy, he had said.

His view on evolution of a company

I tend to look at the evolution of a company in four phases.

The first phase is about getting things up and running, which means putting a product out there. A lot of companies fail to reach even this phase. Most of the companies are not able to reach their go-to-market phase. Maybe it was because you were not fast enough or perhaps, not flexible enough. Your people may have gotten tired and quit. Co-founders may have quit. That is the toughest phase to overcome as a company. The fact that no one knows you tends to hurt. During this phase, you have to keep yourself lightweight and do as many trial-and-error moves as possible.And the trial-and-error type of experimentation can happen only if you are lightweight and simple. This can go on for anywhere between 3 months to 12 months. There are days when you feel that things are going great and then, there are days when you feel that everything has gone lousily.

The second phase is all about getting consumers to use and repeat the use of your products. You need consumers to validate whether your product is good or bad, which in turn will help you define what your business model is. You have to ensure that your financial fundamentals are going right, whether it is commissions or an advertising-driven model or a listing model. This is a very important phase. If you dont define what the fundamentals are from a financial point of view, it is likely to hurt you later. Not every company is Facebook and that means not everyone can think about the business model much later, once consumers start using the product widely. You should figure out ways to monetize your business.

The third phase is, at least in my experience, not as challenging as the other two. It is about massive scale. Even though there are lots of challenges from a technology scalability point of view, from a resource scalability point of view, etc, that is the third piece in the evolution of a business becoming massive.

Once the company becomes massive, the fourth phase is about reinvention and the problem is that reinvention needs to be happening constantly and it has to happen in faster cycles.

About the Author: M&A Critique is the only magazine, News published from India which gives M&A News, Mergers and Acquisitions News, Analysis, Restructuring, Takeovers, and JV.Read More:

mnacritique.mergersindia.com/

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1965873&ca=Finances }

Dr. Joseph Merlino on sexuality, insanity, Freud, fetishes and apathy
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Dr. Joseph Merlino on sexuality, insanity, Freud, fetishes and apathy

Friday, October 5, 2007

You may not know Joseph Merlino, but he knows about you and what makes you function. He knows what turns you on and he knows whether it is a problem for you. Merlino, who is the psychiatry adviser to the New York Daily News, is one of the more accomplished psychiatrists in his field and he is the Senior Editor of the forthcoming book, Freud at 150: 21st Century Essays on a Man of Genius. The battle over interpreting Freud’s legacy still rages, a testament to the father of psychoanalysis and his continuing impact today.

On the eve of the book’s publication, Wikinews reporter David Shankbone went to the Upper East Side of Manhattan to discuss the past and future of Freud and psychoanalysis with Dr. Merlino, one of the preeminent modern psychoanalysts. Shankbone took the opportunity to ask about what insanity is, discuss aberrant urges, reflect upon sadomasochism (“I’m not considered an expert in that field,” laughed Dr. Merlino), and the hegemony of heterosexuality.

Dr. Merlino posits that absent structural, biochemical or physiological defects, insanity and pathology are relative and in flux with the changing culture of which you are a part. So it is possible to be sane and insane all in one day if, for instance, you are gay and fly from the United Kingdom to Saudi Arabia.

Contents

  • 1 What is normal and what is insane?
  • 2 Homosexuality and psychiatry
  • 3 Sigmund Freud
  • 4 Gender identity and Heteronormativity
  • 5 Sadomasochism
  • 6 Paraphilias, urges and fetishes
  • 7 Cultural psychology in the United States today
  • 8 *About Joseph Merlino
  • 9 Sources
Posted in Uncategorized | No Comments »
Wikinews interviews Ubuntu developer Fabrice
">
Wikinews interviews Ubuntu developer Fabrice

Saturday, October 9, 2010

The 10.10 version of Ubuntu (codename Maverick Merkaat), a free operative system is to be released in the next few days. French Wikinews contributor Savant-fou (Baptiste) has interviewed Fabrice (fabrice_sp on Ubuntu), an Ubuntu’s MOTU (Master Of The Universe), member of the development team of the operative system.

Ubuntu is a computer operating system, based on Debian, which is created collaboratively by thousands of people. There are three official Ubuntu versions: Ubuntu Desktop Edition (for desktop and laptop PCs); Ubuntu Netbook Edition (for netbooks); and Ubuntu Server Edition (for use in servers).

Posted in Uncategorized | No Comments »
Affordable Toronto Airport Limousine Service For Your Guest}

Affordable Toronto Airport Limousine service for your guest

by

RafiMichael

In todays world all counties are said to be under one roof. Its not only to say but it is the truth of the present time as well as the necessity. The different countries are bound together in one string. This is for many reasons. But the most important among all are survival and growth.

Due to exchange and interdependence many opportunity for work and business are available. One of the mushrooming and lucrative sectors is Traveling. This is the service industry in which comfort of the people with best price is valuable and it is an important principle.

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Toronto Airport Limousine provides many facilities to their guests by various services. It avoids queues and hassles at international airports around the world. As people reach at the airports on time and as they are out of the airport the chauffer waits for the guest with the placard. They also help in gaining access to the world of fast track immigration, personal VIP treatment and convenience. They have tried to help their guest in each and every way possible by giving them the best assistance at each crack and corner of their journey.

Their motto is to make getting to, from and through the airport a pleasure, not a pain for their guests. They always give utmost care to their guests comfort and privacy. They do not interfere with the clients personal life and his decisions. When chauffer picks them up from their desired destination on time from that time to the time when the client reach to their desired destination the chauffer takes care of the clients each and every requirement and comfort.

They also provide individual service for meet, assist and transfer to, from & through airports worldwide. They even take care of money exchange. In short and precise manner, it can be said safely said that Toronto Airport Limousine are the affordable, give personalized travel, avoid hassles & queues. And hiring them is also easy and convenient. They can be booked easily online and they have simple pricing. But last not least they provide 24X7 supports to their customers.

Rafi Michael is an owner of torontoairportlimousine.ca,

Toronto Airport Limousine

Services are a GTAA (Greater Toronto Airport Authority) authorized pre-arranged Airport limousine and airport taxi service. We specialize in providing state-of-the-art luxury chauffeured

airport limo

car service at very reasonable rates.

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Affordable Toronto Airport Limousine service for your guest }

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California senator opposed to cell-phones involved in cell-phone related crash
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California senator opposed to cell-phones involved in cell-phone related crash

Tuesday, May 22, 2007

California state senator Carole Migden crashed her state provided SUV into a Honda sedan while reaching for her phone. Migden has favored a new law penalizing drivers who talk on their cellular phones (aka mobile phones).

The crash occurred on Highway 12 in Solano County, California Friday morning. The driver of the Honda was taken to a near-by hospital for minor injuries.

In 2006, Migden voted to fine drivers a minimum $20 fee for driving while talking on the phone without a hands-free device. The law will not go into effect until July 2008, so she will not receive a fine for using her phone. She said that she has taken full responsibility for the accident.

The California Highway Patrol (CHP) is now looking into reports of another accident involving Midgen.

“We’re getting information now from the officers following up this morning that there was a second accident involving the center divider. Witnesses have her driving to the left of the number one lane and brushing against the guardrail,” said Marvin Williford, spokesperson for the CHP in the Solano area.

Posted in Uncategorized | No Comments »

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