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Updated by Bill Gassett on Oct 04, 2016
Headline for Top Real Estate Tax Tips and Advice
Bill Gassett Bill Gassett
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Top Real Estate Tax Tips and Advice

Here are some of the best articles covering real estate taxes. These articles provide excellent tips and guidance when it comes to property taxes.


Real Estate Capital Gains Taxes Explained

Selling your home can net you a big return. But what does the taxman have to say about it? Taxes on capital gains can get you big-time in certain situations, so it is important to understand how capital gains applies to your home sale before you try to rake in the money.

How to Appeal a High Property Tax Bill

Taxes are a part of life. While we may disagree with this, it doesn't change the fact that the federal and state government are coming for their money every year. One area where homeowners are hit particularly hard is through property taxes.

Tax Deductions When Buying a Home

One of the major differences between owning a home and renting one is the allowable home buying tax deductions. The tax deductions can have a serious impact on the overall cost of comparing renting vs buying. One of the advantages of owning a home is the tax savings benefits.

The Tax Benefits of Owning a Home

It has long been understood that there are considerable financial benefits to owning a home. You are paying money into an actual investment, instead of into your landlord's bank account, after all. But beyond this basic financial benefit come some other benefits as well, particularly when it comes to tax time.

Advice For Divorcing Homeowners Regarding taxes

Divorce is not an easy process for anyone to go through, no matter how straightforward it is. One of of many potential complications in dissolving a marriage is what to do with the home you own together. One of the most common questions asked is what to do with the divorce and selling my home.

Great Real Estate Tax Tips Explained

One of the constants in life is taxes. Unfortunately we all have to pay our fair share. Anyone who is wise however will try to minimize their tax burden as

Real Estate Tax Center of The IRS

Reporting and Paying Tax on U.S. Real Property Interests The disposition of a U.S. real property interest by a foreign person (transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States for the first time to tax foreign persons on disposition of U.S.

Repairs vs. Improvements: How Tax Deductions Differ for Landlords

Whenever you fix or replace something in a rental unit or building you need to decide whether the expense is a repair or improvement for tax purposes. Why is this important? Because you can deduct the cost of a repair in a single year, while you have to depreciate improvements over as many as 27.5 years.

Real Estate Capital Gains Selling Your Property

As a Realtor working in Metrowest Massachusetts for the last twenty three years, it surprises me how often people do not realize the current tax laws regarding capital gains when selling their home. The new capital gains tax law actually went into effect in 1997 and is known as the Taxpayer Relief Act of 1997.

A Guide to Homeowner Tax Breaks

Homeowners deserve every financial break they can get their hands on amid today's trying economic times. After all, the average mortgage borrower pays out a hefty percentage of their income on housing expenses and loan payments that include large amounts of interest.

Top Tax Deductions For Owning A Home

There are tax advantages to home ownership. Tax deductions for homeowners have been in place for generations, because owning a home is generally considered to encourage better neighborhoods and good citizenship in many ways. Although the details change periodically, the basic tax deductions and benefits for homeowners who itemize deductions are typically these: 1.