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10 Tax Tips to Reduce Costs and Increase Income (21 Mar 2006)
No one likes paying tax. Everyone understands that tax is a necessary evil and that without it our government would not be able to afford our roads, health services, education, welfare system etc. However you are not obliged to pay more tax than that for which you are legally liable.

10 Thoughts on Tax Offer in Compromise (21 Mar 2006)
Beware of advertisements that claim to settle tax debts for "pennies on the dollar". Check the Offer In Compromise requirements to see if it is right for you.

1031 Exchange – Benefits and Rules (01 Jul 2006)
Section 1031 of the IRS offers a golden opportunity for real estate investors to defer their capital gain taxes by reinvesting their sales proceeds in purchase of another like kind property. One important condition that governs this law is that the transa.......

1031 Exchange – The Most Common Mistakes! (20 Aug 2006)
A property transaction related to a 1031 exchange into a Tenant in Common property could have a great impact on the financial stability of a person. Any mistake or a wrong decision in regards to a 1031 exchange can put you in deep trouble, besides unexpec.......

1031 Exchange Escaping the Certainty of Taxes (23 Mar 2006)
'In this world', said the great Benjamin Franklin, 'nothing is certain but death and taxes'. While modern medicine continues to work on a cure for mortality, 1031 exchanges offer a valuable mechanism against the foibles of the taxman. Allowing the exchang.......

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1031 Exchange Rules and Requirements (21 Mar 2006)
The following is a reproduction of the IRS's rules and requirements for 1031 tax deferred exchanges with regards to real property. If you have any questions regarding the sale of your real property or questions about what qualifies for a 1031 exchange or not, please consult your tax professional.

1031 Exchange Tax Deferred Benefits Are Hard to Ignore (21 Mar 2006)
Section 1031 of the Internal Revenue Code contains arguably one of the most powerful provisions of the tax code for real estate investors… the 1031 tax exchange. Many highly successful real estate investors have used this tax code provision in combination with aggressive pyramiding and upgrading strategies to amass huge investment property portfolios. Here's how it works:

1031 exchange tips guide (13 Jul 2006)
Section 1031 of the Internal Revenue Code (IRC) defines the 1031 exchange. 1031 exchange also known as Like kind exchange specifies that if an asset that is most often a land or a building, is sold and the proceeds of the sale are then reinvested in a sim.......

11 Reasons to Apply for a Reverse Mortgage Loan (29 May 2006)
What is a reverse mortgage? A Loan or line of credit you take against your house from the equity in your house that you do not have to repay, as long as you live there. You can choose to pay it off if you sell your home or you can simply live in y.......

2005 Ford Escape Hybrid Certified For Clean-Fuel Deduction (21 Mar 2006)
If you are environmentally conscious and purchase a 2005 Ford Escape Hybrid vehicle that combines a gasoline-powered engine with alternative power methods, you are in line for a nice tax deduction.

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