What is 1031 Exchange?

What is 1031 Exchange

If you have plans to sell your property and buy another property from the money gained from your recent sale then you must definitely know about the 1031 exchange. This 1031 exchange is basically helpful for investment property owners who are constantly buying and reselling in real estate markets.  What is 1031 exchange? The exchange … Read more

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Getting to know the tax benefits in real estate

cut-my-taxes-getting to know the tax benefits in real estate

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 the advantages. In this article let’s understand what depreciation, accelerated depreciation, and bonus depreciation is. What is depreciation? Depreciation is the decrease in … Read more

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