5,117,103
I don't opine on tax issues as a Realtor. Not only are the tax benefits unique to each situation, it's something that a tax professional needs to review with property owners.
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Carol Williams
Wenatchee, WA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Doug Dawes
Topsfield, MA
5,258,356
The benefits are different for everyone in each state. Consult your local CPA or tax attorney regarding this topic.
-
Carol Williams
Wenatchee, WA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
2,190,182
A great question for your accountant and tax attorney. In short, the answer is: MANY!
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
1,209,225
Great questions, multiple answers but basically check with your accountant on each issue.
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
1,202,697
The best place for that information is with a tax attorney or CPA. Real Estate ownership is a known producer of wealth
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Doug Dawes
Topsfield, MA
1,728,867
The tax benefits are changing, so you need to be current with all the tax laws.
-
Carol Williams
Wenatchee, WA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
6,425,924
Most of us would be in trouble for answering this question since we are not CPAs.
-
Carol Williams
Wenatchee, WA
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
1,093,547
It will vary from state to state and one person to another depending on their situation and the type of property. Consult your CPA, tax attorney and real estate attorney for specifics.
-
Carol Williams
Wenatchee, WA
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
5,246,528
While the new tax law has limited some former advantages, for most there are still some. Contact an accountant or tax attorney for more details!
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
3,986,308
Ask your CPA
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Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
4,907,547
1 the deduction of taxes and interest .
2 appreciation
3 appreciation
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
511,314
Ah, tax questions. Real estate CAN offer tax benefits. BUT, it depends on the owners tax situation. It is different for everyone. Some get a lot of benefit some not so much.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
2,222,281
That's a great question for a CPA or tax adviser.
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,712,876
3,416,038
They are a changing, so asking an accountant is a must.
-
Doug Dawes
Topsfield, MA
5,583,328
tax questions are best answered by an accountant.....
-
Doug Dawes
Topsfield, MA
1,625,253
Looks like a new reform favorites investment properties only.
-
Doug Dawes
Topsfield, MA
5,879,816
4,968,058
1,326,624
2,071,025
1,365
Federal tax free up to 500k appreciation for a couple on 1st home. 2nd home:-Hopefully, cost efficiency for extended stay in preferred location, possible tax relief of appreciation through long term capital gains. Income Property -, actual cash flow plus possibility of long term appreciation with long term capital gains taxation and wealth building.
902,538
5,773,367
We do not give tax advice. Each state differs, check with your local CPA
431,132
This is an excellent question for a CPA, or attorney. I am not licensed to give tax advice, and with the new tax laws, I have no idea what they are any longer.
7,871,275
3,350,764
1,242,204
1,507,073
Check with you CPA and/or financial planner. It varies based on your situation.
1,598,452