Real Estate

Commercial real estate is often a key component of wealth, representing a major asset that owners want to pass on to their heirs. However, transferring these assets can result in significant tax bills, including capital gains tax, federal estate tax, and state taxes.

If you’re unfamiliar with seller financing (also known as owner financing) in real estate, there’s no need to worry—it’s a straightforward concept.

Selling a home is an exciting milestone, but it can also bring financial concerns, particularly regarding potential tax implications. Thankfully, the Section 121 Exclusion offers a significant tax break that can save you a substantial amount of money.

Are you renting out property or considering entering the real estate world? Understanding the various types of rental income and expenses you can deduct and how to handle them for tax purposes is crucial.

When entering the world of real estate, one may encounter the terms investment property and second home.