According to the S&P/Case-Shiller seasonally adjusted property index, real estate prices increased by 5% (3.3% in real terms) in 2016 compared to 2015. Some of the areas that experienced...
Posted by Advantage Tax Service on 10/25/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Bottom Line Tax Services, LLC on 09/20/2017
7.3.1 [a] U.S. Taxation of Income of Foreign PersonsForeign persons generating income from U.S. sources are potentially subject to one, or both, of two U.S. federal taxation regimes....
Posted by The Accounting and Tax on 09/09/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Advantage Tax Service on 08/16/2017
One common investment that people get involved in is real estate. Perhaps you have been living in a home you own and decide to upgrade, renting out your existing home. Or maybe you...
Posted by Bottom Line Tax Services, LLC on 08/16/2017
It's critical to ascertain your commercial property's tax basis. The need to find out tax basis becomes even more pressing when you're trying to ascertain depreciation deductions...
Posted by CROMWELL & ASSOCIATES, LLC on 08/02/2017
Some people call it "cost basis" and some people call it "tax basis"...whatever you call it, figuring it out does not have to be rocket science. (Unless you are into that kind of...
Posted by Advantage Tax Service on 08/02/2017
The real estate or mortgage business is the perfect career choice for people who wait for things and do not make decisions in haste. An investor who waits for the right time to...
Posted by Advantage Tax Service on 06/24/2017
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Bottom Line Tax Services, LLC on 06/24/2017
