Tag Archives: Tax Deductions

How to figure tax on sale of rental property

How to figure tax on sale of rental property ow.ly/2KzYSy

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1031 Exchanges

A 1031 exchange derives it’s name from Section 1031 of the U.S. Internal Revenue Service Code that allows investors to defer capital gains taxes on any exchange of like-kind properties for business or investment purposes. Taxes on capital gains are … Continue reading

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Your Objective Should Determine Your Strategy

“Of course, objectives are not the railroad timetable. They could be compared to the compass bearing by which a ship navigates. The compass bearing itself is firm, pointing in a straight line towards the desired port. But in actual navigation … Continue reading

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