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.
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...
Some relief as tax brackets adjust to inflation — but the bracket creep will get you.
CSHV 1999 Harrison LLC v. County of Alameda
An agent uses RPI Forms 170 and 171 to propose an exchange of properties to another agent and to negotiate the exchange of properties.
290 Div. (EAT) v. City and County of San Francisco
Uncle Sam is ready to give homeowners a discount on their income taxes for making specific types of energy efficient improvements.
An agent uses RPI Forms 351 and 354 when negotiating a sale or §1031 reinvestment plan.
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 taken on the sale of real estate are taxed differently than ordinary income.