Category: Real Estate Law

Table of Contents: FAQs Why Were Real Estate Tax Credits Created? How Do Tax Credits Differ from Deductions? Benefits of Tax Credits Common Types of Real Estate Tax Credits FAQs: How do tax credits work for developers? Real estate tax credits were developed to encourage investment in projects that provide...

Make Your Self-Directed Ira the Gateway To Real Estate Investing! Savvy investors know where their money will generate the greatest return. Many use individual retirement accounts (IRAs) as alternate investments to diversify their portfolios while lightening their tax burden. But traditional IRAs have restrictions, among them a rule that forbids...

In November 2020, voters approved Proposition 19 (Prop 19) in California and contained two relevant California property tax changes that may impact your estate planning and ownership of real estate. Lost a home in a natural disaster? Transfer your tax assessment to a new home beginning April 1, 2021 Proposition...

Proper record retention to maximize tax savings One of the more popular provisions in the federal tax code is the $250,000 capital gains exclusion ($500,000 for a married couple) of any profit made when selling your residence. But what happens if you rent out your home? What if you cannot...