Imagine that you could invest in real estate with all the advantages and a few disadvantages of the market. You can skip the process of buying and maintaining a property and jump straight...
Posted by Dennis Jao on 04/06/2021
The alternative minimum tax (AMT) was first introduced in 1969 to prevent the wealthy from enjoying so many deductions and income tax credits that they paid little or no income tax....
Posted by Daniel P Vigilante CPA and Profit Consultants on 03/22/2021
Everyone dreams of owning a home, especially if they’ve got a family. This explains why a mortgage is the most significant financial transaction most people undergo in their...
Posted by Income Taxes and Bookkeeping LLC on 01/20/2021
Also known as REIT, a real estate investment trust is known as a mutual fund for real estate. From the name, one can infer that the trust invests in investments related to real estate....
Posted by Flynn Financial Group Inc on 11/24/2020
Should you pay your mortgage in advance? For some homeowners, it is a wise financial decision, but for others, it makes no sense to increase your payments. To determine if prepayment...
Posted by Unifirst Financial & Tax Consultants on 09/02/2020
Carried interest is part of the income obtained when a private equity fund sells an asset. Sometimes called "carry," it is part of the net capital gains of the sale fund....
Posted by Flynn Financial Group Inc on 08/20/2020
The Tax Cuts and Jobs Act of 2017 which was enacted in December were feared by many taxpayers. They thought that this was the end of deducting interest from home equity loans and lines...
Posted by BEST FINANCIAL GROUP LTD on 06/18/2018
Tax returns can be quite a task if you are not aware of what all deductions you can include and how to itemize them. But the Internal Revenue Service website contains all the information...
Posted by Asharp Bookkeeper on 11/30/2015
