Category: Uncategorized

How Can Seniors Be Excluded From The Property Tax Burden?

Property taxes are a burden for many taxpayers. Unfortunately, it’s an extra added burden for seniors in Texas. But Texas has given many exemptions and other ways to reduce property taxes of senior residents.  OVER 65 HOMESTEAD EXEMPTION The over-65 homestead exemption can permanently freeze the total amount that is necessary for paying school property … Continue reading How Can Seniors Be Excluded From The Property Tax Burden? →

2021 Tax Season Updates

The IRS has extended the tax filing and payment deadline to the 17th of May, 2021 and this extension is due to the increased complications of the pandemic. Due to the outbreak, multiple tax reliefs and acts were passed during the past year 2020. It might be hard for taxpayers to navigate between various reliefs … Continue reading 2021 Tax Season Updates →

Property Tax Reduction Rules in 2021 and How You Can Save More

Property tax reduction is accomplished by claiming your exemptions and property tax appeals / protests. You can protest your property taxes for free at no cost, only with the exception of a few states with a property tax protest filing fee. Stop overpaying your property taxes and reduce your property taxes by claiming a homestead … Continue reading Property Tax Reduction Rules in 2021 and How You Can Save More →

How Cost Segregation Generates Massive Savings for Multifamily Investors

Cost segregation allows multifamily investors to reduce their federal tax liability.  Generally, when it comes to investing in multifamily properties, investors want to take reasonable measures to expand their returns. One of the most effective ways to do this is to reduce their income tax liability via cost segregation, which greatly increases the rate at … Continue reading How Cost Segregation Generates Massive Savings for Multifamily Investors →

How To Get Tax Deductions For A Foreign Property

Owning foreign properties have few differences in tax benefits than owning your domestic property. Foreign property is a property that is purchased under your name on any foreign land and it can be used as your second home or vacation rental based on the owner’s convenience. The tax benefits depend on how frequently you are … Continue reading How To Get Tax Deductions For A Foreign Property →

How you can save money by appealing your property tax assessment

Millions of homeowners have no idea on the way to lower their property taxes. They casually glance or grimace at their mortgage escrow notice per annum and pony up without doing anything. 60% of properties are overvalued by assessors, according to the National Taxpayers Union. Having fought for fair assessments for quite a decade because … Continue reading How you can save money by appealing your property tax assessment →

Homeowners, are your property tax bills going up? If the pandemic is hitting hard on you, here is some relief. No matter if you see a significant increase in your tax bill, there are always grounds for an appeal.  You can cut down a certain amount from your property tax bill by opting for an appeal. The assessed … Continue reading →

Five reasons why you should invest in apartments

It isn’t secret anymore that investing in real estate can make some of the most stable returns. I believe investing in apartments is one of the most profitable things that investors do nowadays. People are looking for apartments to save for their financial future. The cost of running a house makes it more difficult to … Continue reading Five reasons why you should invest in apartments →