Real estate agents negotiating a transaction advise clients on tax consequences
Income tax updates for 2025, with whiplash from 2018-era tax changes
read more
Tax Benefits of Ownership
Learn what drives your clients by learning the profit tax implications of real estate transactions. Stay current on the latest news, videos, forms, and updates for Tax Benefits of Ownership.
Latest Articles
Does a homeowner receive a refund for taxes paid when their property value is too high due to an incorrect assessment?
Greenspan v. County of Los Angeles Facts: A property owner demolishes the improvements on the property and constructs replacement improvements. The county assessor reassesses the property. The county assessor transfers the existing assessed value of the now demolished...
Is an LLC which is solely owned by a government agency and takes title to real estate exempt from payment of a documentary transfer tax on acquisition?
CSHV 1999 Harrison LLC v. County of Alameda
Form-of-the-Week: Preliminary Proposal and Exchange Agreement — Forms 170 and 171
An agent uses RPI Forms 170 and 171 to propose an exchange of properties to another agent and to negotiate the exchange of properties.
Is a buyer entitled to a reduction from the fair market value (FMV) of a property acquired from a city when their purchase agreement included a below-market leaseback agreement?
290 Div. (EAT) v. City and County of San Francisco
Energy efficient tax credits for housing
Uncle Sam is ready to give homeowners a discount on their income taxes for making specific types of energy efficient improvements.
Form-of-the-Week: INTAX and §1031 Profit and Basis Recap Sheet — Forms 351 and 354
An agent uses RPI Forms 351 and 354 when negotiating a sale or §1031 reinvestment plan.
What you need to know about LA’s new “mansion tax”
Now that the mad scramble to beat the tax deadline is behind us, what do agents need to know about the new mansion tax?
Capital gains on real estate sales, explained
Capital gains taken on the sale of real estate are taxed differently than ordinary income.
Errata & Updates
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.