Blog Archives
The Fiscal Cliff – How Does It Affect Real Estate?
There’s been a lot of discussion in the news about the fiscal cliff lately. In case you aren’t already familiar, the fiscal cliff is a combination of several laws which would result in tax increases and spending cuts starting in 2013. So, how does any of this relate to real estate? The Mortgage Debt Relief Read More
Homeowner (and Rental Owner) Tax Deductions
It’s that time of year again… Tax time. I know, I cringe when I think about it too. Real estate is one of the most tax favored assets in the United States. If you’re a home owner or rental property owner, don’t forget to take advantage of all the tax deductions available to you. The Read More
New IRS 1099 Requirements
For those of you that are business owners or landlords, this is a must read. There is new regulations for businesses and landlords to file 1099s. This regulation somehow snuck into the health care reform bill. The way I understand it is that effective Jan 1 2011 all landlords will be required to file a Read More
From the Holiday Season to Tax Season
The joy and stress of the holidays is almost behind us and fast approaching is the not so joyful stress of tax time. Taxes are something many of us dread. However, with a little bit of organization and preparation it’s not so bad. Start off by pulling out a copy of last years taxes. Browse Read More