The additional tax would decline in annual increments until the property has been owned for more than seven years. Legislators proposed AB 1771, also known as the California Housing Speculation Act,...
Taxes
Taxes
Tax Benefits for the Self Employed
An important thing to note about self-employment is the tax deductions available. Freelancers and contractors can take advantage of many valuable benefits that are not usually open for those who...
Understanding the Pros and Cons of Investing in Real Estate
Investing in real estate involves the purchasing of properties to increase your assets and possibly profit from this action. Since it is considered to be less risky compared to other investments,...
Think Realty Podcast #216 – Future of Short-Term Rentals
Do you know what Lodging Tax is? Also known as occupancy tax, this show explains the taxes people pay when they stay in any type of lodging, like hotels and vacation rentals. If you’re a short-term...
Think Realty Podcast #215 – Protect Your IRA
On this show, Abhi interviews the Titan of Self-Directed IRAs, Quincy Long. This esteemed guest knows all there is to know about tax-advantage accounts. They tackle the hot topic of current proposed...
Create Wealth and Confident, Financially Educated Children
All humans seek a life of significance. It is what gives us optimism, vitality, and creativity; it is that truly wondrous quality that sets us apart from all other animals. Rather than being...
Think Realty Podcast #208 – You Want to be the Bank!
This podcast will transform the way that you think about real estate investing! In this episode, Eddie Speed explains why YOU want to be the bank! Learn how to carry financing, defer taxes over the...
Decision Time
America started charging income tax in 1913 and started taxing capital gains in 1916 (with a top rate for both of seven percent). From what sources tell us, the President and Congress have their...
The Ultimate Guide to Selling Farmland
At Tillable, our mission is to simplify owning and managing farmland. But when it comes to changes in ownership, we know the process can feel anything but simple. We’ve put together this guide to...
Tips for a 1031 Exchange
A 1031 exchange is any large investor’s secret weapon, but you’ll want to be sure to use it even if you’re just getting started. When buying and selling homes, the IRS always wants its slice of the...
