Sooner or later all of us seem to become landlord's one way or another so what are you going to do on your tax return will the internal revenue service has been real nice and giving us the front page of schedule E all ready set up to take care of your... Read More »
The Internal Revenue Service allows taxpayers different deductions and credits for certain expenses for higher education. With the cost of college as high as it is, it pays to know what you can deduct and what you can't deduct at tax time. Follow these... Read More »
Property taxes continue to rise and with inflation across the board, we need all the help we can get to save money. There are ways for property owners to save some money by getting certain tax breaks. Different tax breaks apply in different situations. Read More »
If you've made a decision to invest in rental property, consider buying a condominium. Condos are desirable rentals in a number of settings and for a number of reasons, from the vacation condo in the mountains or at the beach, to the city condo with... Read More »
The IRS defines Adjusted Gross Income (AGI) as the total amount of money earned minus deductions. At tax time, you pay tax on your adjusted gross income; therefore, it is to your benefit to get your AGI as low as possible. One of these ways is through... Read More »