Category: General Real Estate

If you own a home or property in the U.S., you may be wondering if you can deduct your real estate taxes from your federal income taxes. The answer is: it depends. The tax rules for real estate vary depending …Read more  »

Investing in land is a significant financial decision that can yield substantial returns if approached with careful consideration and strategic planning. One crucial aspect to address is determining "How Much Over Assessed Value Should You Pay for Land?" This process …Read more  »

Introduction to Appraised Value of Home The appraised value of a home is the estimated monetary worth of a property, as determined by a professional appraiser. This value is based on factors such as the property's location, size, condition, and …Read more  »

If you own a home in the United States, you may be eligible to deduct your property taxes from your federal income tax return. However, the Tax Cuts and Jobs Act of 2017 imposed a limit on the amount of …Read more  »

If you own a property in the U.S. and rent it out to a family member, you may wonder if you have to report the rental income to the IRS. The answer depends on whether you are renting the property …Read more  »

If you own a rental property in the United States, you may be wondering how your rental income is taxed, especially if you have a mortgage on the property. In this blog post, we will explain the basics of rental …Read more  »

If you own a property that you rent out to tenants, you may wonder if you have to report the rental income to the IRS, especially if you are not making any profit from it. The answer is yes, you …Read more  »

If you own rental property or receive royalty income, you need to report it on Schedule E of your Form 1040. Schedule E is used to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, …Read more  »

What exactly is meant by the term "exit strategy?" Is it just cool venture capitalist jargon as they take their billion-dollar start-up profitably public? No, the phrase accurately describes the process of knowing when and how "to cash out" a …Read more  »