Real Estate Tax Law Posts from Moskowitz LLP

Airbnb Taxation

Posted on April 12, 2017February 15, 2019 by Moskowitz LLP Posted in Business Law, Real Estate Law, Tax Planning & Compliance

In only 10 years, Airbnb has developed into a $31 billion industry with offices worldwide. To date, more than 100 million guests have shunned expensive hotels during their travels and instead choose the online booking service to rent other people’s homes, apartments and spare rooms. Although there have been some...

Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Ninth Circuit)

Posted on February 21, 2016February 18, 2019 by Moskowitz LLP Posted in Real Estate Law

Other Posts in this Series Part I: The Personal Mortgage Interest Deduction Part II: Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Tax Court) In Part II, we provided the backdrop to the Voss vs. Commissioner case, and the Tax Court's reasoning why the mortgage interest limitations...

Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Tax Court)

Posted on February 20, 2016February 18, 2019 by Moskowitz LLP Posted in Real Estate Law

Other Posts in this Series Part I: The Personal Mortgage Interest Deduction Part III: Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Ninth Circuit) In Part I, we described the requirements for a mortgage interest deduction under IRC 163(h)(3). We noted that only the first $1.1 million...

Mortgage Interest Limitations under IRC §163(h)(3) Part I: The Personal Mortgage Interest Deduction

Posted on February 19, 2016February 18, 2019 by Moskowitz LLP Posted in Real Estate Law

Other Posts in this Series Part II: Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Tax Court) Part III: Acquisition Indebtedness and Home Equity Indebtedness (Voss vs. Commissioner in the Ninth Circuit) The ability to deduct the interest on a mortgage is one of the most commonly...

The Real Estate Professional, Part II

Posted on January 21, 2016February 18, 2019 by Moskowitz LLP Posted in Real Estate Law

In Part I, we discussed the special rules regarding real estate investment losses for real estate professionals. We noted that unlimited deductions for real estate losses may be taken only if specific requirements are met. The first requirement is that the taxpayer is engaged as a real estate professional (meaning,...

The Real Estate Professional, Part I

Posted on January 21, 2016February 18, 2019 by Moskowitz LLP Posted in Real Estate Law

For the past 8 years, the IRS has been cracking down on investors who attempt to use their passive real estate investment losses to offset other income. IRC 467 limits an investor's ability to use passive losses to offset their ordinary or earned income. As a general rule, passive losses...

Special Issue: 2014 Tax Planning Roundup

Posted on October 29, 2014October 12, 2020 by Moskowitz LLP Posted in Tax Planning & Compliance, Estate Planning & Taxation, Real Estate Law

What's Inside Planning: Year-End Investment Tax Planning Year-End Charitable Tax Planning Year-End Family Tax Planning Year-End Retirement Tax Planning Year-End Estate Tax Planning Year-End Business Tax Planning Tax Calendar Dear Client, Colleague, or Tax Enthusiast, Having just finished the extended 2013 tax filing season, we are aware of the very...

Joseph Bray: Giving clients a voice

Posted on June 5, 2013February 19, 2019 by Moskowitz LLP Posted in Criminal Tax Law, Real Estate Law, Tax: Audits, Litigation & Collection

Born and raised in San Francisco by an East Coast conservative father and West Coast liberal mother, Joseph Bray grew up in a divided household, one where heated political and legal debates were commonplace at the dinner table. By the time Bray was a high school sophomore, years of robust...

U.S. Tax Effects of Treaties in the Context of Foreign Investment in the U.S.

Posted on September 6, 2012February 19, 2019 by Moskowitz LLP Posted in International Taxation, Real Estate Law

Introduction Foreign investors in the U.S. tend to have the same goals as their U.S. counterparts. Like U.S. taxpayers, foreign investors seek to minimize their income tax liabilities associated with their U.S. real estate and business investments. However, foreign investor’s objectives are clouded by the fact that they are not...

UNLIMITED LOSS DEDUCTIONS FOR REAL ESTATE PROFESSIONALS

Posted on November 23, 2010February 21, 2019 by Moskowitz LLP Posted in Real Estate Law

Owning rental property may yield large financial gains in healthy markets. Recently, however, fluctuations in the real estate and housing markets have produced conditions which can lead to great financial losses. Because owning real estate is considered a “passive activity” by the tax code, there are certain restrictions and limitations...

Tax Resources

Category: Real Estate Law