Want a quicker way to buy rental properties? One that takes less cash, less time, and is beginner-friendly? Then you’re in the right place! In this Seeing Greene, we’re talking about the “sneaky rental tactic” that can help you build a real estate portfolio in just a few years. And if insurance and property taxes [...]read moreInsurance and Taxes Killed My Cash Flow, Should I Sell?
Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, house flipper, Airbnb host, or something in between, you MUST know about these tax laws before you start making money with your [...]read moreThe Small Business Owner’s Guide to Taxes, LLCs, Deductions, & Audit Risks
In This Article Today, we don’t question income taxes as a part of life, as unavoidable as death or, well, any other type of taxes. But before World War I, the U.S. only sporadically flirted with income taxes. Most of the government’s revenue came from excise taxes and tariffs. So what would happen if [...]read moreWhat If We Replaced Income Taxes with Property and Sales Taxes? Would Real Estate Investing Even Work?
A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. One planner solicited for input thinks that a reverse mortgage could be a worthy consideration, among other [...]read moreFinancial planner: Reverse mortgages can help retirees with high property taxes
With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to pay less to Uncle Sam, most real estate investors are missing out on a MASSIVE tax deduction [...]read moreHow to Pay Less Taxes by Buying Real Estate
The rich are frequently criticized for not contributing their fair portion of taxes. However, when examining income taxes, it becomes evident that the wealthy actually contribute more than their fair share. Here’s a chart displaying the proportion of income taxes paid by different income groups from 2001 to 2021. In 2001, the top 1% (considered [...]read moreThe Rich Pay More Than Their Fair Share Of Income Taxes
U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This is according to an analysis conducted by Attom, based on property tax data collected from county tax assessor offices nationwide at the state, [...]read moreU.S. property taxes increased twice as fast in 2023 compared to prior year
During the global financial crisis in 2008 – 2009, I expected the San Francisco Property Assessor Office to automatically lower my property tax bill. After all, home prices had topped out at the end of 2006 and had declined about 5% a year for three consecutive years. Instead of receiving a property tax bill reduction, [...]read moreDowngrade Your Property Statistics Online To Lower Your Taxes
In this article Purchasing a home is an extraordinarily expensive process, especially once you add up the down payment, closing costs, and potential relocation expenses. And once you’ve acquired the home, you still need to consider the ongoing taxes, mortgage payments, and associated costs like HOA fees, insurance, and home maintenance costs. Many people understandably [...]read moreTaxes & Buying a Home (What You’ll Pay, Deductions, & More)
In this article Working for a company is the most common way people in the United States earn their living. As an employee, your earnings are reported on IRS Form W-2, and federal, state, Medicare, and Social Security taxes are withheld every time you are paid. Although there are benefits to being an employee—like simplified [...]read moreReduce W2 Taxes With Real Estate (Updated 2024 Strategies)