As the summer season ends, the real estate market often sees a surge in activity, with many homeowners deciding it’s the perfect time to sell. For those looking to move,… Read More »Navigating Home Sales and Tax Implications in 2024
In this blog post, we will explore the key tax considerations and benefits of owning rental real estate, empowering you to make informed decisions and optimize your tax strategy.
In 2018, the Supreme Court overruled the previous ruling that states can only require sellers to collect tax when they have a physical presence in the state. Now, states can… Read More »Economic Nexus
When all the partners don’t agree on what to do with the proceeds from the sale of real property, executing a “drop and swap” allows real estate investors to “drop”… Read More »Defer Taxes with a Drop and Swap on Your 1031 Property