Cost Segregation : Why are 90% of real estate investors overpaying federal income tax? By ignoring generous IRS guidelines when establishing depreciation schedules, over 90% of real estate investors are unintentionally overpaying federal income taxes. In addition they are paying federal income taxes earlier than necessary, typically years or decades earlier than necessary. Although these IRS guidelines are relatively new, they provide substantia…
Filed under Tax Refunds by on Jul 31st, 2009. 
Kansas Tax Refund The Missouri Property Tax Credit (MO-PTC) is a program that benefits seniors and disabled veterans who are residents of the state of Missouri. The program allows eligible citizens to get a refund of real estate taxes or rent paid with certain stipulations. The refund is claimed by filing either the Missouri Individual Tax Return form or the Missouri Property Tax Credit Claim if you are not required to file a state tax r…
Filed under Kansas Tax Refund by on Mar 10th, 2011. Comment.
Perhaps one shouldnt be surprised that new real estate investors fall into the same tax traps again and again. Real estate burdens investorsespecially new investorswith some tricky tax accounting. But just because some other newbie makes these mistakes, that doesnt mean you need to. You just need to know where the traps are so you avoid them. And here are the biggest real estate tax traps you dont want to fall into: Tax Trap 1: Passive Loss Limi…
Filed under Tax Refunds by on Oct 26th, 2009.
Missouri Tax Refund The answer to this question is a simple yes or no. Of course, an experienced St Louis Missouri bankruptcy attorney could tell you the answer for your specific situation but, in the mean time, here are a few general rules regarding the fate of your tax refund in Missouri or Illinois bankruptcy. Your refund might be used by Uncle Sam to pay and tax debt you have before you even get a chance to see it. They may even be able to t…
Filed under Missouri Tax Refund by on Mar 2nd, 2011. Comment.
Youve seen the advertisements and news articles. IRA funds can be used to make real estate investments. But before you jump on this bandwagon, make sure you understand some of the tax planning angles related to this opportunity. Passive Loss Deductions Almost always, an important component of your real estate profits comes from the tax savings associated with depreciation. These paper losses, referred to as passive losses by the Internal Revenue…
Filed under Tax Refunds by on Oct 25th, 2009.