by AZREIA Editorial Team | Sep 1, 2022 | AZREIA, David J. Hawks Tax & Accounting, Newsletter, Tax Law
by David J. Hawks | David J. Hawks, CPA, EA On August 16, President Biden signed the 2022 Inflation Reduction Act (IRA), a $750 billion healthcare, tax, and climate bill. Here are some tax highlights that you should be aware of. Health Premium Tax Credit – The...
by AZREIA Editorial Team | Aug 1, 2022 | AZREIA, David J. Hawks Tax & Accounting, Newsletter, Tax Law
By David J. Hawks | David J. Hawks, CPA, EA With the end of 2021 came several tax laws that expired. These laws require Congressional extender bills to allow the laws to remain in force and be retroactive back to the beginning of 2022. Congress may not be able to...
by Maureen Laupp | Apr 1, 2022 | David J. Hawks Tax & Accounting, Investing, IRA's, Newsletter, Tax Law
The use of self-directed IRAs for real estate investing has grown in popularity as investors seek to reduce their tax burdens and increase their rate of return on their investments. The benefits of owning property in an IRA include appreciation in value and...
by Maureen Laupp | Mar 26, 2019 | AZREIA, Business Planning, Buy & Hold, Contracts, Creative, Did You Know..., Investing, Landlord, Landlord Tenant Law, Legal Procedures, Property Management, Small Business, Strategy, Tax Law
Making The Impossible Deals Possible, Bill Cook A realtor asked me to show her a real-world example of a deal we did that demonstrates how we make impossible deals possible. No problem, but I ask one favor: As you read this, BEFORE reading how we structured this deal,...
by Maureen Laupp | Mar 19, 2019 | AZREIA, Creative, Did You Know..., Investing, Landlord Tenant Law, Rentals, Strategy, Tax Law
Property taxes vary widely across states both in terms of annual taxes paid as well as effective tax rates. In 2017, the difference between average real estate taxes paid by New Jersey and Alabama home owners was nearly $8,000. New Jersey continued its perennial...
by Maureen Laupp | Aug 28, 2018 | Did You Know..., Investing, Self-Directed IRA, Tax Law, Vantage Self-Directed IRA
Our Self-Directed IRA Expert says… Last month, we all took time to celebrate our nation’s birthday, and the freedom our great country provides us. Therefore, I felt it was appropriate to shine a light on the freedom that a truly Self-Directed Real Estate IRA...
by Dianna Jackman | Mar 19, 2013 | Investing, Market Changes, Tax Law
Most investors in the valley like to use what we call a muted contract. A muted contract is just the basics; buyer, seller, who will pay the fees and the closing date. When using a muted contract, in most cases, you remove all the contingencies that are in the...
by Maureen Laupp | Oct 8, 2012 | Tax Law
Fresh Start Offer in Compromise Despite late night advertising to the contrary, it is usually extremely difficult to get the Internal Revenue Service (IRS) to accept an Offer in Compromise (OIC) of your taxes. An OIC is essentially a negotiated settlement of your tax...
by Dianna Jackman | Oct 8, 2012 | 1031 Exchange, Investing, Strategy, Tax Law
We have talked about a lot of different topics over the last few months – everything from note sales, deeds, short sales and agreements for sale to what is title insurance and why do I need it? In brainstorming about this month’s topic, we asked IPX1031 Exchange for...
by Maureen Laupp | Aug 4, 2012 | Investing, Tax Law
For the past two years a call to the Internal Revenue Service (IRS) collections division often included waiting for an hour on hold just to talk to someone about your outstanding tax bill that the IRS was trying to collect. Even the IRS thinks staying on hold for an...