Most of us will agree that our biggest investment is in our home. So, it shouldn't surprise you that your house or condo is your first port-of-call whenever there's a need to borrow money. And the … [Read more...] about Home Equity Loan Interest is Still in Play
Real Estate Tax and Accounting
Investing in residential rental properties raises various tax issues that can be somewhat confusing, especially if you are not a real estate professional. Some of the more important issues rental … [Read more...] about Renting Residential Real Estate — A Tax Review for the Nonprofessional Landlord
You've finally found a buyer for the rental property, land, or business you've been trying to sell but the buyer doesn't have enough cash to pay the full purchase price in a lump sum. So you agree to … [Read more...] about How Do Installment Sales Affect Your Tax Bill?
Whatever the location, size, or value of a second home, certain tax advantages are built in. However, your opportunity to benefit from them depends on how you use the property. Personal Use Both … [Read more...] about Are There Advantages to Owning a Second Home?