Understanding Taxes on Real Estate Gains
Selling real estate? You may owe up to 25% in taxes, plus 3.8% NIIT. Rules are complex—contact us with questions and we'll guide you!
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Steve Julal
Oct 3
Can Homeowners Deduct Seller-Paid Points as the Real Estate Market Improves?
Lower mortgage rates are exciting, and if you've recently bought a home, you might be able to deduct seller-paid mortgage points!
Steve Julal
Aug 12
Planning your Estate? Consider these Strategies to Save in Future Taxes
With the high federal estate tax exemption for 2024, many people aren't worried about estate taxes. However, you might want to reconsider.
Steve Julal
Jul 26
House Rich but Cash Poor? Consider a Reverse Mortgage Strategy
Are you a homeowner in need additional or supplemental income, a reverse mortgage may be your answer. Learn how it works.
Steve Julal
Jul 11
Save on Taxes Accrued from Selling Appreciated Land in 3 Steps
Thinking of selling a piece of land that has appreciated over the years? Expect a tax bill that could amount to 24% of your sale, or lower.
Steve Julal
Jul 2
Selling an Appreciated Vacation Home - Tax Scenarios
Owning a home that has increased in value is typically beneficial. However, the federal income taxes owed from the sale can be complex.
Steve Julal
May 8
Considering Turning Your Home into a Rental Property?
If you're in the market for a new home, you might have contemplated the idea of holding onto your current property and renting it out....
Steve Julal
Apr 8
Tax Rules for Vacation Rental Properties
Are you purchasing a vacation rental house or already own one? You might be curious about the tax implications of renting it out.
Steve Julal
Feb 7
The Tax Implications to Retiring in a Different State
Approaching retirement? You may think about moving to another state, but here's what you need to know before making that move.
Steve Julal
Feb 5
Defer a Current Tax Bill with a Like-Kind Exchange
Considering a like-kind exchange to defer a tax bill, read more to learn how to do it.
Steve Julal
Nov 2, 2023
The Tax Implications of Renting Out a Vacation Home
If you rent your vacation home, any rent you receive isn’t included in your income for tax purposes. Here are the rules.
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