"Home Work Tax Perk "
Stern No. 2027, Tierra Grande reprint, 2pp (4/3/2013)
Enjoy the home office deduction, but remember, the kids can’t be Skyping with their friends or watching Spongebob Squarepants in there. And that’s just a couple of many “can’ts.”
"The Tax Auditor Cometh"
Stern No. 2020, Tierra Grande reprint, 1pp (1/9/2013)
Internal Revenue Service statistics show that 1.3 to 4.3 percent of small businesses and sole proprietorships were audited in 2011, compared with less than 1 percent of individuals. That puts most real estate professionals squarely in the IRS’ sights.
"Taxmageddon"
Stern No. 2007, Tierra Grande reprint, 4pp (10/15/2012)
Without new legislation, taxes for almost everyone will rise. Most tax increases are scheduled to begin in 2013 while a few will take effect in 2012. A number of these increases directly or indirectly affect the real estate industry.
"Buying on Time: Commercial Installment Sales"
Stern No. 2003, Tierra Grande reprint, 2pp (7/20/2012)
Installment sales of commercial real estate can provide significant advantages for both buyers and sellers. Adjustments of contract terms, such as interest rate, down payment and sales price, can help close the deal.
"For the Record: When to Toss Old Tax Records"
Stern No. 1987, Tierra Grande reprint, 2pp (1/23/2012)
Some people never throw tax records away. Others don't keep them long enough. Knowing what to hang on to, why you need it and for how long can save both storage space and headaches.
"Tax Law Updates"
Stern No. 1981, Tierra Grande reprint, 1pp (10/20/2011)
Taxes for individuals, particularly high-income ones and investors, are scheduled to rise in 2013. Areas affected include tax bracket rates, payroll and self-employment tax rates, capital gains, dividends, itemized deductions and personal and dependency exemptions.
"Cost Segregation Yields Cash Flow"
Stern No. 1953, Tierra Grande reprint, 3pp (10/18/2010)
Times are tough and lending is tight. Fortunately, businesses can pocket a little extra cash by taking some depreciation deductions early.
"$8,000 Housewarming Gift"
Stern No. 1913, Tierra Grande reprint, 1pp (7/20/2009)
The American Recovery and Investment Act of 2009 includes an $8,000 tax credit for first-time homebuyers. Unlike the $7,500 loan/credit available through the 2008 Housing Assistance Act, this credit does not have to be repaid.
"Beginner’s Luck: Interest-Free Government Loans for First-Time Homebuyers"
Stern No. 1893, Tierra Grande reprint, 1pp (1/19/2009)
First-time homebuyers may benefit from a $7,500 interest-free government loan for homes purchased and occupied after April 8, 2008, and before July 1, 2009. The loan is repaid over 15 years. The loan balance is forgiven if the home is sold at a loss before the 15-year term ends.
"Get the Most Out of Moving"
Stern No. 1882, Tierra Grande reprint, 1pp (10/20/2008)
This is way better than getting an "A." Pass four IRS tests related to a move, and receive income tax deductions
