Real Estate and the AMT: Rental or Investment Property The Alternative Minimum Tax is a very important consideration for taxpayers who own real estate because just about every tax rule applying to real estate is different for the AMT than it is for the Regular Tax. This article on Real Estate and the AMT will......
1031 Exchange - How You Can Indefinitely Defer Income Taxes 1031 Exchanges are excellent tools to reduce income taxes. Known both as "tax free exchanges" and "1031 exchanges" (based upon the enabling section of the federal income tax code) this tool allows investors to sell real estate without paying income taxes ......
How to Purchase Tax Foreclosures Homes When a home owner defaults on income or property taxes, his property is foreclosed upon and is known as a tax foreclosure. Any type of tax is accounted for like property, federal, state or income taxes. Tax foreclosures are great opportunities for investo......
Lowering your Tax Liability Without Itemizing If you decide to itemize, you can use dozens of tax deductions such as the mortgage interest deduction and charitable contributions to reduce your adjusted gross income. However, if you do not qualify for many deductions then you should take advantage of ......
