Tax Realty Consultant

Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you [...]

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California’s looming budget deficit has ballooned to an estimated $14 billion, creating a crisis that fiscal experts said Wednesday is likely to require higher taxes in addition to across-the-board cuts in education and other services.
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* Palin to cast herself as D.C. outsider in speech 09.03.08
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Many people - especially singles and young couples who are just starting their careers - have mixed feelings about purchasing real estate. They worry about getting tied down and taking on a lot of debt. Here are 7 compelling reasons why anybody who can afford it should consider buying a home right now:
1. Real estate [...]

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On the same block, his sprawling two-story Victorian is assessed at $279,600 - “probably too much,” he said. Christofferson first put it on the market over a year ago for $330,000 and now is asking $275,000.
The market could tell him, but the market won’t speak. Casual house-hunters stroll through and compliment Christofferson’s renovations but don’t [...]

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Liquidity is the ability to turn the investment back into cash in a relatively short period of time. Real Estate has a low level of liquidity. It may take months or longer to cash out and sell the property, where as stocks can be sold [...]

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A recent CNN report notes that if elected, Barack would “simplify the tax code so that any employed American with a bank account can do their taxes in minutes if they take the standard deduction.” Further, Barack noted that “There’s no reason the IRS can’t send Americans pre-filled tax forms to verify. This means no [...]

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The land plot exceeding an area of 40,000 sq.m. would be developed as a mixed use retail and residential complex. The remaining tranches will be called as and when needed before the end of June 2008 to secure the acquisition and developments of other projects already in the pipeline.
The pipeline encompasses diverse residential projects in [...]

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College Park homeowner Renee Maloney would like to move to a larger house.
“I am in an older home; the bedrooms are small,” Maloney said.
But she’s waiting.
If voters approve a property-tax amendment Jan. 29, Maloney and other Florida homeowners could transport the tax savings they now get on their homes to their next address.
If the measure [...]

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Lakeside Insurance Agency in Windham, N.H., was named one of the Top 100 Private Companies in New Hampshire. The designation was recently announced by Business NH Magazine in its annual listing. The company is among the fastest growing, most distinguished and one “to watch” in New Hampshire, according to the magazine.
Lakeside Insurance Agency is a [...]

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7. Consider tax benefits. Resort property can offer tax benefits, but it takes the advice of experts such as professional exchangers, CPAs and your trusted personal tax consultant to ensure that you enjoy the benefits. Get expert input on 1031 tax exchanges, primary residence capital gains exclusions and the conversion of one of these to [...]

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