News & Articles

Real Estate Investors: Let's Talk about Like-Kind Exchanges

Posted on Mon, Aug 21, 2017

Are you thinking about divesting a real estate investment and then replacing it with another property? If you sell appreciated property outright, you'll incur a taxable gain, which lowers the amount available to spend on the replacement property. But you may be able to defer your tax bill (or even make it disappear) with a Section 1031 like-kind exchange.

Read More

Tags: Real Estate Taxes, Real Property Tax, Investment

Turn Sweat Equity into Tax-Free Profit

Posted on Fri, Dec 09, 2016

Today's real estate market and current tax laws have opened up opportunities to invest in fixer-upper homes and potentially make a tax-free profit.

Read More

Tags: Real Estate Taxes, Residential Real Estate

The Financial Rewards of Buying a Condo for Your Kid's College Housing

Posted on Wed, Jul 13, 2016

With real estate prices recovering in many markets, it might make sense to buy a condo where your child can live during college. He or she can live there while attending school, and you can avoid "throwing away" money on dorm costs or rent for an apartment. If you buy a place that has extra space, you also can rent it to your child's friend(s) to offset some of the ownership costs.

Read More

Tags: Real Estate Taxes, College Expenses, PAL, Second Home

Are You Overpaying Your Taxes? How To Tell And What To Do

Posted on Mon, Nov 04, 2013

We've all heard the quote: "In this world, nothing is certain except death and taxes." Paying taxes is a necessary evil, made worse if you are paying too much. Experience indicates about half of all businesses overpay their real estate taxes.  But how do you know if you're one of those? And if you are, what recourse do you have? The situation is not as bleak as it may initially appear. 

Read More

Tags: Real Estate Taxes, Overpaying on Taxes, business consulting, CPA Firm, Articles, Echelbarger, EHTC