Changes to the way property investments are taxed are on the way. These changes may have a positive spin-off for people looking to buy their first home. Property is currently a very tax-effective investment compared to shares and deposits. Investors in shares pay tax on their dividends and those with deposits and bonds pay tax … Read more
1031 Exchanges are excellent tools to reduce income taxes. Known both as “tax free exchanges” and “1031 exchanges” (based upon the enabling section of the federal income tax code) this tool allows investors to sell real estate without paying income taxes (at the time of sale). Real estate owners or investors expecting to acquire property … Read more
“It’s not how much you make that counts,” my father told me many years ago, “but how much you keep of what you make.” I did not really understand that old adage at the time, but he was passing on some wisdom that his father had given him. It’s just common sense, but it is … Read more
Do you have a mortgage loan and want to switch over to a remortgage loan deal? If yes, then you can avail cheap remortgage loan. It is not difficult to get a remortgage loan at a lower rate of interest. If you were to look online, you can easily fetch a remortgage loan at a … Read more
It’s tax time again and you must be sure to receive all the necessary forms. What is a 1099 tax form and who gets one? A Tax Form 1099 is used to report income other than wages, salaries and tips. Here of late, this term is used more and more frequently as many employers are … Read more