HiltonHeadMillionDollarHomes.com
June 26, 2017

Tax Info

Tax Info

Read Entire Article1031 Tax Deferred Exchange: Dodging the Capital Gains Tax Demon: With the recent decline in the stock market, some savvy investors have turned their attention to the profitable real estate market. Many of them have discovered a powerful tax strategy, the Internal Revenue Code Section 1031 tax-deferred...
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Read Entire ArticleSelling Your Home: Tax Exclusion Tips: If you sold your main home, you may be able to exclude up to $250,000 of gain ($500,000 for married taxpayers filing jointly) from your federal tax return. This exclusion is allowed each time that you sell your main home, but generally no more...
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Read Entire ArticleWhy Depreciation is the Best Tax Deduction: If you qualify as a real estate professional who spends at least 750 hours per year, or more than 50 percent of your working time in qualified real estate work, and if you "materially participate" in managing your investment property, there is no limit to the allowable tax deductions from your....
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Read Entire Article401(k) Investing in Real Estate: Every good investment advisor would agree that any retirement plan should have a properly balanced asset allocation, whether it is a 401(k), Individual IRA, Simple IRA, SEP IRA, Roth IRA or a Coverdell Education Savings Account (ESA). One key to having a balanced portfolio is to make sure the asset classes....
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Read Entire ArticleCut your property taxes: Check to see if you can trim your property taxes, 12 helpful tips for homeowners and vehicles owners....
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Millage Rates: 2004 Millage Breakdown | 2005 Millage Breakdown

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