Tax Strategies for the Savvy Real Estate Investor

~ Tax season is coming up. Hopefully this book can help you out!~ Tax Strategies for the Savvy Real Estate Investor

The size of your tax refund depends on where you live

~this is interesting~ The size of your tax refund depends on where you live Last year, the IRS sent $324 billion back to taxpayers. Nearly eight out of 10 received a tax refund worth an average of $2,895. SmartAsset analyzed 2016 data from the IRS to find the average tax refund in each state and …

Are Tax Reforms Worth the SALT in High-Priced Markets?

~interesting read, but I wish they gave more #s to show~ Are Tax Reforms Worth the SALT in High-Priced Markets? An analysis released by real estate insights and analytics firm HouseCanary, has estimated the effects of the tax reforms bill on the housing market across major metropolitan and suburban areas (MSA) especially when it came …

Real Estate Agents Mobilize to Shield Homeowners on Tax Plan

Real Estate Agents Mobilize to Shield Homeowners on Tax Plan  For decades, the real estate industry has benefited from generous tax deductions that raise home values by making it cheaper for people to own property and shoulder their local taxes. Now, as the Republican tax plan makes its way through Congress, the industry is worried …

These states will take the most money out of your paycheck

These states will take the most money out of your paycheck <img class="StretchedBox W(100%) H(100%) ie-7_H(a)" src="http://l3.yimg.com/ny/api/res/1.2/OqjRNL4FHKkD7QtGW.Rasw--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NzQ0O2g9NDk2/http://media.zenfs.com/en/homerun/feed_manager_auto_publish_494/ff1d3b897a95f9717729dfecbd46442f"/> Getting your first paycheck is usually followed by the question, “Who is FICA, and why are they taking all of my money?” Taxes can take a significant chunk out of your paycheck, as most workers are painfully aware, …

Will My Taxes Look Different Now That I’m a Homeowner?

  Will My Taxes Look Different Now That I’m a Homeowner? Magic 8 ball says yes. Here’s what to know to itemize tax deductions as a homeowner. TopicYour Money, Finances & Taxes, Taxes, Tax Credits, Tax Deductions Print article Taxes? Gross! Who wants to think about government paperwork, especially when your hand still aches from …

2014 Personal Income Tax Deduction Schedule

From First Tuesday 8/30/14 California’s Franchise Tax Board released updated personal income tax deduction and credit amounts for 2014. These amounts were adjusted from 2013 rates, based on a 2.2% rate of consumer inflation. Standard personal income tax deductions are: Deduction/Credit 2014 Amount 2013 Amount Standard deduction for single or married filing separate taxpayers $3,992 …