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
Tag: Real Estate
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
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