Also called a Starker Exchange Trust, a 1031 exchange is generally used by someone who wants to sell an investment property that they own, yet do not want to pay any taxes. A 1031 will allow the seller of the investment property to defer the taxes as long as they purchase another property which costs … Read more
Everyone breathed a sigh of relief when the tax cuts were extended at the end of last year for another two years. Although it is good for real estate investors that the maximum federal capital gains rate will remain at 15% for the next two years, savvy investors know that they really pay much more … Read more
Every time you give someone money or property which may be subject to payment of gift tax. The federal government has guidelines were the gift of the property tax and gift tax rates for all questions. These tariffs and tax exemptions may change based on an annual basis and it is important to review the … Read more
Taxes are your major expense in your lifetime, so choose your source of income as you wish. Real estate has some of the best tax breaks of any investment in United States and some other countries. The more you earn through your profession, the more you get taxed, and the system is setup that way … Read more