Hi,

I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...

I got a $65,000 income tax bill today.  Is there any way my business can provide me with some deductible fringe benefits like a company car, health club membership, life insurance, etc?

When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...

I put an offer on what I thought was a 2 unit property. While in escrow we found out that it’s actually a single family residence per county records. We asked the seller and listing agent if the back unit was permitt...

The quote in the title is from The Associated Press in 2016. Apparently, the government will release redacted DJT taxes soon. I don't know much at this point other than what NY Times wrote about in this article THE PR...

assuming a 100% rental property, what are the tax consequences of having an escrow account through which i funnel all the taxes and insurance premiums (as opposed to not using one)?

my best guess is there is no tax b...

Hi,

I've heard a lot about simultaneous closings to be illegal nowadays, is it true?? How about in NJ? Simultaneous closing, I mean, using C's money to fund AB transactions. Transactions are done ALL CASH. Would th...

:Affinity Group Management
:National Real Estate Insurance Group?
Wrenn Ins.

I am looking for a P and C agency that can provide property Liability and HO coverage for each of my properties. I saw the above reference...

I have a young single mother who is paid every two weeks. I want to offer her the option of paying her rent every two weeks as well. Here is why.If her rent is 1000/month she has 12 x $1000 payments per year. However ...