How to Defer Capital Gains Tax on the Sale of Real Estate Property
Generally, you will pay capital gains tax whenever you sell investment or business property. However, IRC Section 1031 provides anContinue Reading
Category: Real Estate
Why Real Estate Agents Should Avoid Answering Tax Questions
For real estate agents, offering a holistic approach to servicing clients is critical. Supporting the client throughout the buying/selling processContinue Reading
Trump’s Tax Plan Could Mean The End of Home Ownership Tax Incentives
Back in April, Trump unveiled his plan to overhaul the tax code and slash taxes for millions of Americans. At the time, TreasuryContinue Reading
S-Corporation vs Partnership For Real Estate Activities
S-Corporations, with similar tax rules to partnerships, would seem like a logical alternative to the partnership as an owning entityContinue Reading
Should You Use The Equity In Your Home To Refinance Your Student Debt?
One of the most common questions homeowners with student loan debt ask is, “should I use the equity in myContinue Reading
The Home Office Deduction Trap
If you are self employed and use part of your home for business, you may be able to deduct expenses forContinue Reading
Which Entity Is Right For You?
For the most part, everyone is aware of the nursery tale, “Goldilocks and the Three Bears”; if you are unfamiliarContinue Reading
How Inherited Property Differs from Gifted Property
Although receiving property as an inheritance and receiving property as a gift might seem similar, the tax implications and very different.
All About That Basis: Real Estate Edition
The purchase of real estate property, whether for investment, business or personal use, has few immediate tax implications. However, expensesContinue Reading
