Tax | firsttuesday Journal

Capital gains on real estate sales, explained

by Carrie B. Reyes | Feb 6, 2023 | Feature Articles, Real Estate, Tax | 0

Capital gains taken on the sale of real estate are taxed differently than ordinary income.

Property exchanges when Cash is King

by Carrie B. Reyes | Jan 27, 2023 | Feature Articles, Investment, Real Estate, Recessions, Tax | 0

Agents who want to stay a step ahead during the housing market downturn will become versed in property exchanges.

May a local agency impose a special assessment for coastal improvements on beachfront parcels without considering the benefits to the general public?

by Adam Kolvas | Oct 12, 2022 | Real Estate, Recent Case Decisions, Tax | 0

Broad Beach Geologic Hazard Abatement District v. 31506 Victoria Point LLC

Top 10 tax scams to avoid during the recession

by Amy Perry | Jul 29, 2022 | Finance, Real Estate, Recessions, Tax | 2

The latest fraudulent and abusive tax schemes real estate professionals need to know.

Form-of-the-Week: Request for Notice of Mello-Roos Assessment and Notice of Your Supplemental Property Tax Bill — Forms 137 and 317

by Amy Perry | Apr 1, 2022 | Forms, Real Estate, Tax | 0

Agents use RPI Forms 137 and 317 to notify prospective buyers about the supplemental property taxes and bonded indebtedness they will receive upon transfer of ownership.

Brokerage Reminder: “’Cause I’m the taxman, yeah I’m the taxman”

by ft Editorial Staff | Apr 1, 2022 | Brokerage Reminder, Real Estate, Tax, Your Practice | 0

A weekly reminder to stay on top of your practice!

Spill-over from rising interest rates impacts carryback arrangements

by Carrie B. Reyes | Feb 28, 2022 | Feature Articles, Interest Rates, Real Estate, Tax | 1

Beyond the immediate impact of rising interest rates on home prices, higher rates are also spilling over into other facets of real estate.

Property taxes leap in 2020-2021

by Carrie B. Reyes | Oct 18, 2021 | Economics, Home Sales, Real Estate, Tax | 1

The past year’s homebuyers are shouldering a significant chunk of their communities’ property taxes.

Tax Benefits of Ownership: taxes on repossession

by ft Editorial Staff | Aug 13, 2021 | Feature Articles, Real Estate, Tax | 0

The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an...

Tax Benefits of Ownership: inflation, appreciation, and taxes

by ft Editorial Staff | Jul 29, 2021 | Feature Articles, Finance, Real Estate, Tax | 0

The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an...

Tax Benefits of Ownership: income categories

by ft Editorial Staff | Jul 19, 2021 | Feature Articles, Finance, Real Estate, Tax | 0

The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an...

Tax Benefits of Ownership: the sales price

by ft Editorial Staff | Jul 1, 2021 | Feature Articles, Tax | 0

The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an...

Brokerage Reminder: Property tax reassessment 101

by ft Editorial Staff | Jun 21, 2021 | Laws and Regulations, Real Estate, Tax | 0

An overview of transfers automatically excluded from reassessment.

Tax Benefits of Ownership: the principal residence profit exclusion

by ft Editorial Staff | Jun 18, 2021 | Feature Articles, Real Estate, Tax | 1

The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an overview of the tax exclusions available to a homeowner upon the sale of their past or present principal residence.