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.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
926 North Ardmore Avenue LLC v. County of Los Angeles Facts: An owner transfers their rental property into a trust benefitting them and names a successor trustee. The successor trustee forms a limited liability company (LLC) of which the trust is the only member, and...
Luz Solar Partners Ltd., III v. San Bernardino County Facts: An owner improves their real estate by installing an energy system that generates power through both solar and nonsolar energy. The county changes property appraisal procedures by valuing solar and nonsolar...
2018’s tax changes in California and beyond, explained.
Two ballot measures are attempting to make their way onto the 2018 ballot to transform the tax measure.
Our proposal to mandate agent disclosure of known tax consequences of a transaction.
Most of our readers aren’t sold on the inflationary effects of the MID.
Fewer Californians will be able to take the MID in 2018.
While you’re busy preparing your 2017 tax returns, it’s never too early to look ahead to next year. The Republican Tax Plan made numerous changes to how you will report, deduct and pay taxes beginning next year for income earned in 2018. One of the changes made...
Our proposal to eliminate the MID and increase mortgage payment assistance.