Property owners of buildings and other business establishments normally sell their assets to be able to buy or upgrade to a new one. They want to reinvest their money for the purpose of making their income grow. This can also be another form of helping struggling businesses to the ...
Most Recent Articles For: Depreciation
Written by admin on October 19th, 2011
Written by admin on May 24th, 2011
Owners of establishments and other rental properties usually sell their assets to be able to buy a new one or upgrade to a better building. They want to reinvest it to increase their income. This is one good ...
Written by admin on May 23rd, 2011
The Noted English economist John Maynard Keynes once stated that "[t]he avoidance of taxes is the only intellectual pursuit that carries any reward." While the absolute truth of that statement may be debatable, legally ...
Written by admin on May 21st, 2011
When you sell your interest in investment property, you may incur federal capital gains taxes and, in some states, state taxes as well. Your attorney, tax advisor, or real estate professional may suggest a ...
Written by admin on May 21st, 2011
The Obama Administration has proposed a 2011 federal budget intended to steer the economy toward recovery and create new sources of revenue to reduce our country's deficit. If enacted, the tax proposals in the ...