Do you risk losing a rental property to foreclosure? If so, you have our sympathy … and something a lot more valuable. Our proven ideas for limiting the negative tax consequences you face. So don’t despair. Do something now to save yourself a lot of money. Read my new article titled Tax Tips: 2016 Tax Guide to Foreclosure on a Rental Property. Three ways our fact-filled … [Read more...]
Rental Properties
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Four Tax Strategies That Make Buildings Produce More Cash
Good news! Your building, whether it’s a rental property or your office, can likely put money in your pocket. What’s more, you can start saving now with a building you already own, a building you plan on buying, or a building you are renovating. How? By using four money-saving strategies we’ll explain when you read my new article titled Tax Tips: Four Tax Strategies … [Read more...]
Golden Nugget: New Write-Offs in New Repair Regulations
Good news from the IRS! (You read that right. Uncle Sam actually has some good news for you.) You see, with the new “tangible property” regulations, you can now write off replaced components like roofs, HVAC systems, lighting systems, etc. Want to learn how to take advantage of two great new ways to save on taxes? You’ll find out how to come out a winner when you read … [Read more...]
Have a Small Business? Own Real Property? Discover Repair Deductions
Do you own real property? If you do, the IRS has some good news for you… If your business qualifies as a “small business,” Uncle Sam may have a nice gift for you in the form of hassle-free, income-generating expensing. Want to learn how to sail happily into Uncle Sam’s safe harbor? Read my new article titled Tax Tips: Have a Small Business? Own Real Property? Discover … [Read more...]
Deadbeat tenants — a tax perspective
So you’ve got a rental-property tenant who’s behind in their rent. You’re angry. Frustrated. Furious. But hang on for a second. Step back from your emotions and take a clear-eyed look at the tax implications of the situation. There are important facts you really need to understand, and we’ll explain them to you when you read my helpful new article titled Tax Tips: Tax … [Read more...]