hanges, primarily to avoid or reduce the payment of multiple closing fees or exchange fees to a facilitator. There is significant danger and legal exposure in this attempt since many unforeseen events can cause the closing to be delayed on one of the properties, leaving the investor with a failed exchange and the obligation of taxes that would otherwise be deferred. For example, if the properties are located in different counties, it is highly un…
Filed under Tax Refunds by on Nov 15th, 2009. 
by brizzle born and bred Tax Refund Usa Tourist So you have fallen in love with Thailand? Like so many others before you, and the thousands that will follow? For whatever reason, you have chosen to own a property in Thailand? This could be for the long term prospect of making this wonderful country your permanent home, or as a potential investment, and/or for the pleasure of having a luxury holiday home in the sun. Whatever the reason, there a…
Filed under Tax Refund Usa Tourist by on Mar 30th, 2011. Comment.
unequal appraisal, 5.They are busy and do not want to set aside time, given the presumption that “you can’t fight city hall”. Why appeal? Consider an appeal for a $150,000 house where the property taxes are reduced by 5%. This would reduce the assessed value by $7,500 and the property taxes by $225, based on a 3% tax rate. Since the typical appeal hearing takes less than an hour, these are meaningful savings for the time involv…
Filed under Tax Refunds by on Jul 21st, 2009.
in amounts which can exceed 20-30%, depending on the appropriate combined federal and state tax rates. In other words, when purchasing replacement property without the benefit of an exchange, your buying power is dramatically reduced and represents only 70-80% of what it did previously. Basic exchange rules Let us look at a basic concept, which applies to all exchanges. Utilize this concept to fully defer the capital gain taxes realized from the …
Filed under Tax Refunds by on Nov 22nd, 2009.
Most commercial building owners are grossly overpaying federal income taxes because they are not depreciating their property as quickly as they should. A cost segregation study allows property owners to both defer and reduce federal income taxes. When properly performed by an appraiser with expertise in cost segregation, this is a conservative tax planning tool which reduces federal income taxes by properly allocating the cost basis between land…
Filed under Tax Refunds by on Aug 5th, 2009.