How U.S. Real Estate Investors Can Save Taxes by Moving to Florida
Friday, September 14
The latest tax reform overhaul has triggered wealthy Americans from across the country to move in droves to establish Florida residency, this represents a great opportunity for Real Estate Investors to be able to pay a lower amount of taxes. The tax implications of the Trump administration's chan...
How Real Estate Depreciation Has Changed under Trump Tax Reform
Monday, August 20
Congress seriously reformed taxes last year. The TCJA was enacted on Dec. 22, 2017.Corporation tax rates were dropped to 21%. Individual rates are mostly higher. That created the problem for pass-through businesses because they are basically both a corporation and an individual taxpayer.Forbes r...
How US RE Investors Can Reduce Their Taxes Thru The New Tax Reform
Wednesday, August 01
The Trump tax reform or the Tax Cuts Jobs Act (TCJA) created a new 20% business income deduction thru the 199A deduction section of the internal revenue code or IRC. The 20% business income deduction applies to pass-thru companies such as Partnerships, LLCs and S Corps.There are a few conditions ...
Tax Reform Will Force US Investors with Profits Offshore Pay More Tax
Wednesday, August 01
U.S. citizens and U.S. Expats who own a business with over 10% ownership are in for a big surprise and a higher tax rate. After President Trump’s tax reform signed into law in December 2017, two new taxes were created for companies holding profit in subsidiaries offshore: the tax on accumulated p...
How the U.S. Tax Reform affects Estate Tax for Real Estate
Friday, July 27
For the past 7 years the United States imposed estate tax, closely linked to real estates, but with the recent US tax reform, they are getting slashed. From January 1, 2018 the estate tax exemption is increased to $11.2 million for individuals and $22.4 for married couples on the territory of the...
New LLC Disclosure Law for Real Estate Investors In The USA
Friday, July 27
Cash sale buyers’ names must be disclosed in luxury property sales.There are new LLC Disclosure Law rules designed to crack down on possible money laundering in luxury real estate. Problem is, the Trump administration is not releasing the details of the new rules.Title companies now must disclose...