by Alicia Persson | Mar 8, 2023 | Real Estate Taxes
A real estate tax shelter is a common financial strategy that people or businesses use to reduce what they pay in taxes. This method allows investors to use real estate investments to generate income while using investment tax breaks to reduce their taxable...
by Alicia Persson | Mar 8, 2023 | Real Estate Education, Real Estate Finance, Real Estate Taxes
As a real estate agent, you work as a self-employed individual. Instead of a W-2, you receive a 1099 from a brokerage that doesn’t figure in any federal or state income taxes. Though estimating your taxes and preparing for tax time is a time-consuming part of...
by Alicia Persson | Feb 28, 2023 | Builder Resources, New Construction Homes, Real Estate Taxes
With the expert contribution of Adam Steinheiser, the Director of Accounting at Marketplace Homes Construction businesses can write off a lot of business use expenses. When you work with a tax professional, you can get the most accurate, personalized advice for your...
by Alicia Persson | Feb 20, 2023 | Investment Properties, Real Estate Taxes
With tax season well underway, the IRS has already accepted over 19 million tax returns from households and businesses of all scales. If you have a real estate investment business, you know that prudent filing will give you maximum tax benefits that can help you pay...
by Alicia Persson | Jan 27, 2023 | Investment Properties, Real Estate Finance, Real Estate Taxes
Are there any good renter tax breaks out there? During tax time, essential documents arrive via snail mail and your inbox in staggered succession. While renters don’t get the big homeowner tax breaks like mortgage interest and depreciation, they still have access to...
by Alicia Persson | Jan 4, 2023 | Real Estate Taxes
It’s tax time, which means it’s time to reap all the best homeowner tax deductions and credits to maximize your return (or reduce how much you owe). No matter what, it’s a win-win because every deduction and credit adds up to a better outcome for your tax return....
by Alicia Persson | Dec 13, 2022 | Real Estate Taxes
Managing a rental well maximizes your resident’s satisfaction and your bottom line. It’s a win-win, especially when you can claim the most rental property tax deductions. After all, every dollar counts toward expanding your margin. So without further ado, what are the...
