tax tips: Things to Keep in Mind about Expenses when Traveling Away from Home - 08/21/08 03:44 PM
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tax tips: Deducting Life and Health Insurance Payments on Taxes? - 08/13/08 02:57 PM
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tax tips: No Loss Limits for Realtors? Unlimited Tax Deductions? - 07/10/08 02:17 PM
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tax tips: How Can Standard be Better? - 07/03/08 02:32 PM
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tax tips: To Gift, or Not to Gift... That is the Question... - 06/25/08 04:45 PM
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tax tips: I'm Selling My House to Myself because of Uncle Sam!!! - 06/18/08 04:13 PM
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tax tips: Pay Your Spouse to do Your Work! - 06/09/08 06:06 PM
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tax tips: How to Deal with a Casualty... - 05/21/08 03:02 PM
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tax tips: Take a Vacation, and Write it Off!!! - 05/16/08 02:32 PM
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tax tips: Points Paid by the Buyer - 05/09/08 01:58 PM
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tax tips: Points Paid by the Seller - 05/08/08 02:43 PM
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tax tips: Saving Money by Taking Advantage of Your Home Office - 05/07/08 12:28 PM
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tax tips: Giving Gifts to Clients - 04/24/08 02:46 PM
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tax tips: Pay Your Kids and Open an IRA - 04/14/08 12:43 PM
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tax tips: Creative Tax Tips for Real Estate Agents - Money-Saving Ideas You Won't Want to Miss - 04/14/08 11:26 AM
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tax tips: Last Minutes Tax Tips..... - 04/14/08 12:24 AM
"I shall never use profanity...except in discussing house rent and taxes." ~Mark Twain. April 15 is just a few days away...and hopefully this year's tax season hasn't caused too much profanity in your household. Of course it's always wise to be careful about criticizing the IRS, but no matter what you
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tax tips: TaxTip: StartUp Business Expenses you can Deduct - 04/11/08 02:51 PM
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tax tips: TaxTip: Auto Expenses You can ACTUALLY Deduct - 03/26/08 04:05 PM
Many people do not take full advantage of deductions for
their vehicles, and many times it’s because they don’t know what they are
allowed to deduct.
Vehicle expenses paid exclusively for rental activity can be fully
deductible. Using the actual expense method instead of the
standard mileage rate might
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tax tips: Free Tax Advice for the Real Estate Professional - 03/26/08 11:19 AM
Did you know you can write-off your cable bill? Do you know a trick that can allow you to write-off 100% of the gifts you give your clients? Does your spouse need new eye glasses (because you can write that off too!!)? It is tax time again as the IRS 2008 deadline is quickly
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tax tips: Prop 60/90 : Super Senior Tax Savings When Relocating - 03/19/08 03:15 AM
I was recently told that a senior would love to downsize their current home and retire, but when they saw how much the new taxes on the new smaller home would be, they put that plan to rest quickly. True, a new tax rate can be a hefty increased obligation, especially if you
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tax tips: Topic 409 - Capital Gains and Losses - 03/17/08 07:40 AM
Topic 409 - Capital Gains and LossesAlmost everything you own and use for personal or investment purposes is a capital asset. Examples are your home, household furnishings, and stocks or bonds held in your personal account. When you sell a capital asset, the difference between the amount you sell it for
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tax tips: Real Estate PROFESSIONALS: Unlimit Your Losses, be a "Real Estate PRO" - 03/05/08 12:37 PM
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tax tips: Here's a Freebie that can Add Value to Your Full Service Real Estate Business - 02/21/08 12:40 PM
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tax tips: BankRate.com - 02/12/08 08:53 PM
Web site tip-of-the-day: Do these great interest rates have you thinking about doing a refi? Want to figure out your savings over your current mortgage? Or are you simply interested in becoming a more savvy investor? Check out the BankRate.com web site for easy-to-use calculators, articles on investing, tax tips, trends
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tax tips: What to do with my tax return - 02/05/08 09:04 PM
Are you getting a handsome refund? Thinking of buying that plasma tv you have been wanting with it? Stop... Although the government would love for you to spend your return at your local big box store, if you have any debt what so ever , it; car payments, credit cards, student loans,
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tax tips: The New Year Brings New Excitement! - 02/01/08 10:53 AM
There is something so exciting about purchasing a new home! There is a deep sense of satisfaction knowing that you have a place to call your own. But along with buying a new home comes what some might term as the dreaded responsibility of paying taxes. There are however many benefits
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tax tips: Creative Tax Tips for Real Estate Agents - 01/15/08 08:32 PM
Money-Saving Ideas You Won't Want to Miss Albert Einstein once said that "the hardest thing in the world to understand is income tax." For Einstein, tax return preparation was the business of "philosophers, not mathematicians." If there's anyone who can truly relate to this famous quote, it's a real estate professional.
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tax tips: Tax Tips: Make your home work for you - 01/14/08 01:38 PM
The Grant Team of Napleswww.NaplesSunAndSand.com • Naples • Bonita Beach • Bonita Springs • Estero • Marco Island • Fort Myers •JOE & JAMIE MUNI • PRUDENTIAL FLORIDA WCI REALTY • 4130 TAMIAMI TRAIL N • NAPLES, FL 34103 JUST CALL OR SEND US AN EMAIL WITH YOUR INQUIRY Featured Properties | Property Search
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tax tips: CALIFORNIA TAX TIP - 01/11/08 04:22 PM
I read anything and everything I can get my hands on when it comes to real estate. Therefore, I came across an interesting article that I wanted to pass on to you about saving money on your taxes... A federal tax credit encouraging home energy efficiency is set to expire on December 31, 2007. The credit,
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tax tips: Year End Tax Tips - 12/05/07 11:45 AM
Take a look at last years taxes. If you have W2 income see how your witholding matches up compared to last year. You have 1 month to adjust your witholding up or down. The goal would be to not get a refund-invest your money rather than have the IRS have it-and another
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tax tips: Home Staging and Realtor Tax Tips! - 10/19/07 08:59 AM
Are you a Realtor or Home Staging Designer in need of a good tax advisor? Boy...do I have help for you!!!! I actually used this company when I was with Secret Service as the majority of Secret Service agents across the country used them for their stellar customer service and ability to go above and beyond for their clients.
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tax tips: Tax Tips: Just 79 Days till....... - 10/13/07 11:15 AM
Just 79 Days till December 31, 2007. I know you were probably expecting that number of days till Christmas. But let's not talk holiday shopping, we are talking about purchasing a HOME. Whether you are a real estate investor or looking to purchase your primary residence, this is a significant date to
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tax tips: Successful steps for smart Tax planning When Selling - 10/10/07 09:08 PM
After doing a few for my personal investments, I've found that they're not that imtimidating. Talk with your advisors to see if a 1031 exchange is right for your needs. Put the property being relinquished on the market. The exchanger will need to disclose the intent to complete an exchange to any buyer. The Exchanger enters into a contract with the Buyer
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tax tips: Hidden Tax Breaks & the Phone-Tax Rebate - 09/09/07 01:23 AM
You can count on getting at least a $30 to $40 fatter tax refund this spring – or you'll owe that much less when you file – thanks to the government's effort to redress an error that has its roots in the 19th century.At issue is a levy on long-distance telephone
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tax tips: Why would my wife leave her sweet corporate attorney job to work with me? - 08/30/07 08:46 PM
Ever since I left the "Evil Empire" where I used to toil and opened my own Remax Office (then another, then another) I go to work each day with a smile on my face. Freedom is such a good thing. After a year of watching me enjoy my job my wife
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tax tips: Advise or Defer? Which would you do? - 04/18/07 12:18 PM
Last week I had a client (dentist) call me with a real estate question. He had an employee on the call and they were on a speaker phone. This client and his wife have been a great referral source over the last 4 years and have become close friends.The employee recently sold her
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tax tips: Real Estate Taxes, Refunds and Rip-Offs - 04/18/07 08:08 AM
A big part of every real estate transaction involves taxes: You pay transfer taxes when you buy, property taxes when you own and more transfer taxes when you sell. There are also taxes on income earned from investment real estate and even capital gains taxes, though infrequently for the sale
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tax tips: What does a Qualified Intermediary (Accommodator) do? - 03/27/07 04:39 PM
The role of the Qualified Intermediary is essential to completing a successful and valid tax deferred exchange. They are the glue that puts the buyer and seller of property together into the form of a 1031 Exchange. The intermediary (often called an accomodator or exchange facilitator) is not to be considered
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tax tips: How Does A TIC 1031 Exchange Work? - 03/27/07 03:45 PM
The most important thing to remember about a 1031 exchange is "Don't Touch The Money". Hire your Accommodator as early as possible. Your Realtor and the Accommodator will guide you safly through the process. The following are a few of the key guidelines for a safe and successful TIC 1031 transaction. The
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tax tips: Benefits of a TIC 1031 Like-Kind Exchange - 03/27/07 03:30 PM
The Most Powerful Tax Deferral Strategy Available To Taxpayers Today!In 2002, the IRS made a landmark ruling that I believe is the best vehicle available to assist sophisticated investors in deferring taxes on investment real estate held. If you´ve held investment real estate and are tired of Trash, Toilets, Termites, and
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tax tips: What is a Tenant In Common (TIC) 1031 Exchange? - 03/27/07 01:44 PM
TIC (Tenant In Common) 1031 Exchanges are a form of real estate asset ownership in which two or more persons have an undivided, fractional interest in the asset, where ownership shares are not required to be equal, and where ownership interests can be inherited. Each co-owner receives an individual deed at
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tax tips: Basics of a 1031 Like-Kind Exchange - 03/27/07 01:35 PM
Investors have long used 1031 Exchanges to defer taxes, while swapping old properties for newer properties. The reasons for swapping real estate vary greatly. In today's market, finding real estate values can be a challenge and individual investors have been somewhat limited to residential properties and small commercial structures.An IRS ruling
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tax tips: Congress Aides Home Buyers & The Slumping Housing Market - 12/12/06 01:27 PM
Congress made a huge move Sunday and came to the aide of low and moderate-income home buyers by passing a long awaited income tax deduction for mortgage insurance. President Bush is expected to sign the new bill into law by the end of the year. Beginning in 2007, homeowners with adjusted gross
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tax tips: Baby Boomers Tax Haven - 12/02/06 01:08 PM
Are your clients looking for tax relief? Who's not? Have you done a 1031 Exchange? Have you ever intended to do one with a client and couldn't find an acceptable replacement property? Recently, I think 2002, the IRS approved the use of a TIC (Tenant-In-Common) property in a 1031 exchange. I assisted
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