Most commercial building owners are grossly overpaying federal income taxes because they are not depreciating their property as quickly as they should. A cost segregation study allows property owners to defer and reduce federal income taxes. When adequately performed by an appraiser with expertise in cost segregation, this conservative tax planning tool reduces federal income… Continue reading Is A Cost Segregation Study Right For You?
Category: Real Estate Investing
Is Your Office Design Hurting Your Productivity?
As a working professional, your livelihood depends on your ability to produce high-quality work within a reasonable timeframe. Therefore, maintaining a high level of productivity is essential to both your professional and personal success. But sitting in an ugly, cramped office is the easiest way to send you running to your favorite websites to waste… Continue reading Is Your Office Design Hurting Your Productivity?
5 Great Reasons To Use Staging
When a buyer puts their house on the market, they want to get the best price in the shortest time possible. Staging can help you sell your home. It uses the artistic vision of a staging professional to bring out the hidden personality of your home. Staging puts the finishing touches on your home. You… Continue reading 5 Great Reasons To Use Staging
1031 Exchange FAQ’s
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are several frequently asked questions related to this type of transaction… Equity and Gain Is my tax based on my equity or my taxable gain? Tax is calculated upon the taxable gain. Gain and equity are two separate and distinct… Continue reading 1031 Exchange FAQ’s
1031 Exchange Capital Gains Tax Deferral
With the booming property prices of recent years, more and more people are facing large tax bill when they come to selling their investment properties. However, did you realize there is a perfectly legal way of deferring payment of such taxes by utilizing the advantageous 1031 tax code that the IRS introduced in the early… Continue reading 1031 Exchange Capital Gains Tax Deferral
Benefits of A 1031 Exchange
A 1031 exchange is a powerful tool that can be used to defer taxes on the sale of an investment property. By reinvesting the proceeds from the sale into a new property, investors can avoid paying capital gains taxes on the sale. This can provide a significant tax benefit, which can be used to grow… Continue reading Benefits of A 1031 Exchange
1031 Exchange Basic Info
‘In this world,’ said the great Benjamin Franklin, ‘nothing is certain but death and taxes.’ While modern medicine continues to work on a cure for mortality, 1031 exchanges offer a valuable mechanism against the foibles of the taxman. Allowing the exchange of one property for another, this property market trend can help you hold on… Continue reading 1031 Exchange Basic Info
Real Estate Tax Traps
Perhaps one shouldn’t be surprised that new real estate investors repeatedly fall into the same tax traps. With some tricky tax accounting, real estate burdens investors—especially new investors. But just because some other newbie makes these mistakes doesn’t mean you need to. You need to know where the traps are so you avoid them. And… Continue reading Real Estate Tax Traps
7 Tips To Lower Closing Costs
One set of costs that will quickly become significant to you when you’re purchasing a home is buyer closing costs. Closing costs are the variety of fees charged to you by those involved in the sales transaction. Typically, these costs run from 2 to 4 percent of the sales price but vary with geographical location… Continue reading 7 Tips To Lower Closing Costs
8 Homeowners Insurance Tips
Before you shop for homeowners insurance, it’s wise to be informed about the wide range of costs and the ins and outs of insuring your home. Learning as much as possible about the following points will help you select the best homeowners insurance to meet your needs. Be aware that how much you know about… Continue reading 8 Homeowners Insurance Tips