Getting to know the tax benefits is really important if you own real estate. You can eliminate or reduce your federal and state income taxes. Depreciation is something that underpins most of…
What every real estate investor needs to know about cost segregation?
As a real estate investor, you must definitely be putting efforts into how to minimize your tax liability. One tax strategy you should be focusing on is cost segregation. It acts as…
Tax Benefits of Home Ownership
Owning a home completely helps in reducing your tax burden. The remarkable tax benefits of owning a home is that your rental income will not be taxed. It is valued as a…
Blog Author
Patrick O’Connor, MAI, Owner and President Patrick O’Connor has been active in reducing property taxes, providing expert witness testimony and appraising commercial real estate property since 1983. Pat is active in publishing analyses and data with respect to the real estate market, while being a highly regarded media spokesperson for the real estate community. He holds a MAI, the highest achievable designation from the Appraisal Institute, and is a licensed senior property tax consultant. Pat earned a Master of Business Administration from Harvard University. In 2001, he authored the first definitive consumer guide to Texas property taxes, Cut Your Texas Property Taxes.