How to Maximize Your Mortgage Interest Deduction
Did you know that you can deduct the interest you pay on your mortgage from your taxable income? This can …
Tax
Property Taxes By State
Owning a rental property comes with a lot of financial responsibilities. One of those is paying property taxes. As a …
What Is Depreciation Recapture, and How to Calculate It?
When you sell property that has been depreciated, you may be required to pay depreciation recapture rental property tax. This …
What is form 4797 and what is it used for?
Have you recently sold a property used solely for business purposes and which is not been your primary residence for …
What Is The Real Estate Gift Tax And How Can I Avoid It?
Today, the real estate gift tax is a very hot topic. With the rising cost of living, many people are …
Self-Employment Tax: How to Calculate And File
If you are self-employed, it’s essential to understand how to calculate and file your self-employment tax. This guide will walk …