If you live in a community property state with your spouse, or if you had lived in a community property state with your spouse for any prior period of time, the assets accumulated while there have ...
As a general rule, a taxpayer’s exchange of one property for another property is treated as a taxable event; the gain realized by the taxpayer – meaning the amount by which the fair market value of ...
Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and ...
In proposed regulations issued in 2000, the Internal Revenue Service said that if a dwelling unit was consistently used partially for residential purposes and partially for business purposes ...
Maximizing cash flow is always the goal for real estate investors. But many are leaving cash on the table by opting for standard depreciation instead of bonus depreciation for qualifying properties.
When is losing the entire value of your property due to government regulation, not an “undue hardship”? According to the North Carolina Coastal Resources Commission, the answer is whenever your home ...