There are many real estate-related tax benefits; however, additional benefits are available to those who qualify as real estate professionals. While it may seem daunting to take the...
Posted by Abundant Wealth Planning LLC on 05/10/2022
Real estate has long been seen as a safe investment, whether you are a homeowner, investor, or tenant. If you have the money, you can expand your portfolio in the luxury real estate...
Posted by James Financial Services Inc on 07/31/2021
People that own a car or a truck will not be strangers to property taxes. These are taxes levied by the local government. The government uses the money majorly for projects and other...
Posted by James Financial Services Inc on 08/30/2020
The tax basis for your estate is what you paid for the property and all of its improvements and is generally different from the estate's purchase price. Often, the tax basis of...
Posted by Carmen Garcia on 06/18/2021
This article sheds light on vital tax tips that can significantly help real estate investors. Be OrganizedIf you want to get back the funds you believe you deserve for the tax...
Posted by Elliot Kravitz, ATP on 05/24/2021
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
For people in the real estate business with agents that you give commissions after every sale or lease, you must report such payment on a 1099 MISC form. Your obligation as an employer...
Posted by Carmen Garcia on 09/18/2020
