3 Tips For A Smooth Reverse 1031 Exchange

26 August 2022
 Categories: , Blog

Tax-deferred exchange transactions can be a great way to help you manage your wealth over time. A reverse 1031 exchange is a unique type of tax-deferred exchange that applies to real estate purchases. A reverse exchange allows you to hold onto any property that you want to sell, while still purchasing new properties in the present. Investors that utilize tax deferred exchanges are able to better take advantage of the fluctuations that occur naturally within the real estate market. Read More 

Lower Your Property Tax Bill With These Five Tips

8 March 2022
 Categories: , Blog

If you own multiple properties or if you live in an area with a high property tax rate, you may be wondering if there is any way to reduce your property tax bill. In a lot of cases, you may just be stuck paying the amount noted on the bill. But there are a few options. Check out these tips if you want to lower your property tax bill.  1. Ensure the assessment is fair. Read More 

4 Important Things To Keep In Mind When Doing Taxes As A Small Business

3 January 2022
 Categories: , Blog

If you are running a small business, it is essential to take proper care of your taxes. Without the right prep and follow-up, you could end up owing money to the IRS, which isn't a place where you want to put yourself or your business. When it comes to taking care of taxes, it is about what you do all year long, not just at tax time.  Work with An Accountant  Read More 

Resolving Your Past-Due Tax Debts: Exploring Your Options

5 October 2021
 Categories: , Blog

If you currently owe outstanding federal or state tax debts, it is important to resolve these debts as soon as possible. Not only can these debts impact your credit score, but they can also result in wage garnishment, tax refund offsets, and accrued interest. Thankfully, there are several different options available to help you with tax resolution. Pay In Full If you are able to pay your tax debt in full, this is the simplest and fastest way to resolve this debt. Read More 

The Benefits of Using Rental Property 1031 Tax Delayed Exchanges

30 June 2021
 Categories: , Blog

As a real estate investor, your primary goal is to make as much money as possible without paying very much, if any, money out in taxes. However, to help lower your yearly obligation, you should look at using legal loopholes that are available to you. You may want to keep as much money in your portfolio by moving it around instead of cashing it out to your personal bank accounts. You can lower your burden to the IRS and state by using rental property 1031 tax delayed exchanges. Read More