Real Estate Articles tagged with: social security tax
Investment, Uncategorized »
Most of the artciles on Buyers Utopia are sepcific to real estate and real estate investment but the recent tax cuts effects do effect the bottom of line of all real estate investors so we would like to discuss some of the spefics. As you probably know Congress has passed and President Obama signed on December 16, 2010 the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. The legislation extends the Bush income tax cuts for 2011 and 2012 for all taxpayers. That means the 35% maximum …
Investment »
Tax Deductions for Investment Property
As a Landlord, Rental Property Owner or Vacation Home Owner it is important to prioritize end of the year tax planning and tax deduction for your investment property business. You can keep more money in your pocket by taking advantage of available tax benefits and by tapping into new tax saving opportunities. Follow these top year-end tax tips and strategies for rental property owners.
Identify your rental investment property’s short life assets to depreciate them faster. Assets like air conditioners, refrigerator, carpets, clothes dryer, etc can be …