Call Larry Brewster at 1-800-856-REAL(7325) for more details.The author, Patrick O'Connor, MAI is president of O'Connor & Associates. The firm, in business since 1974, specializes in nationwide real estate appraisals, research, and state and federal tax reduction services. O'Connor is frequently acknowledged by national publications as a respected source of information on real estate trends.
Houston Retail Performance Update In the retail community, there is an ongoing discussion aboutconsumers' lack of brand and store loyalty. Chain stores longago took over the retail landscape, and the mom-and-popretailer is nearly a thing of the past. Kaplan's Ben-Hur, anindependent department store operating in Houston's Heig... Similar Editorial : by David Natenzon. | Source : Aspen Real Estate
Depreciate Property Improvements Correctly With Cost Segregation Most commercial building owners are grossly overpaying federal income taxes because they are not depreciating their property as quickly as they should. A cost segregation study allows property owners to both defer and reduce federal income taxes. When properly performed by an appraiser with expe... Similar Editorial : by Patrick O'connor, Mai. | Source : Get Real Estate License
Cost Segregation Provides Apartment Owners Tax Relief Apartment owners can face staggering expenses to maintain apartment communities. The upkeep of even a modest community could involve groundskeeping, unit renovation, and replacements, such as parking lot asphalt and fencing. Another steep expense is federal income tax - and in some areas an addi... Similar Editorial : by Kinan Beck. | Source : Get Real Estate License
Appealing Your Texas Property Taxes- The Basics Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. To reduce this expense, property owners should annually review and consider appealing property taxes. While there is no guarantee that an appeal will be successful, a recent survey conducted by O'Con... Similar Editorial : by Curtis Reddehase. | Source : France Luxury Property
Taxes Taxes Taxes are a levy imposed upon people or legal entities by a governmental entity. There are many forms of taxes including income taxes, property taxes, capital gains taxes, consumption taxes, excise taxes, retirement taxes, sales taxes, tariffs, toll taxes and transfer taxes. This article focuses on reducing income taxes for real estate owners.Income taxes often seemed unavoidable. However,...... Similar Editorial : by News Canada. | Source : Trust Income Tax
Texas Property Tax Appeals Texas Property Tax AppealsSteps to Protesting and Reducing Your Property Value AnnuallyStep 1. File a ProtestTexas property tax appeals can be filed using the form provided by the appraisal district, or the form available on poconnor.com in the property tax section (see Useful Forms Forms in the left column). Otherwise send a short letter to the chief appraiser at the central appraisal district...... Similar Editorial : by Dane Smith. | Source : Trust Income Tax
Tax Reduction And Cost Segregation – Myths And Facts Tax Reduction and Cost Segregation – Myths and Facts Tax tips and tax help to assist taxpayers by describing optionsfor tax reduction and tax cuts through lawful tax deductions. Tax reduction and tax deferral are both generated by cost segregation. However, this tool is not well understood by most real estate investors and by many tax preparers. The root cause of limited understanding regarding...... Similar Editorial : by Patrick O'Connor. | Source : Trust Income Tax
Tax Deductions For Small Business Owners Tax Deductions for Small Business Owners Tax tips and tax help to assist taxpayers by describing optionsfor tax reduction and tax cuts through lawful tax deductions. Small business owners need all the tax help which is available. Tax deductions allow small business owners to keep more of what they earn. With a 35% marginal tax rate, the government is a silent partner who takes no risk and over one...... Similar Editorial : by elevatingyourbusiness. | Source : Trust Income Tax
Tax Deferral 1031 Exchanges And Cost Segregation Tax Deferral 1031 Exchanges and Cost Segregation Tax deferral through 1031 exchanges, or tax-free exchanges of real estate, have become a popular method of tax deferral of capital gains taxes. Almost by definition, individuals who utilize the 1031 exchange option are reluctant to pay taxes that can legally be avoided. 1031 exchangers have asked if they can receive tax deferrals and enhance...... Similar Editorial : by David Chazin. | Source : Trust Income Tax
Tax Deductions - A Result Of Cost Segregation Tax Reduction - a Result of Cost Segregation Tax tips and tax help to assist taxpayers by describing optionsfor tax reduction and tax cuts through lawful tax deductions. Tax reduction and tax deferral are the primary benefits of obtaining a cost segregation study. Income taxes are a substantial burden for most real estate investors. Tax deductions help with this burden. While some level of...... Similar Editorial : by Richard A. Chapo. | Source : Trust Income Tax
Estate Taxes ? Estate TaxesEstate txes are often referred to as the death tax. Few Americans are subject tp estate tas due to the exclusion on the first$2,000,000 of an estate (2006,2007, and 2008). Taxpayers with estates substantially in excess of this amount should consider planning to minimize estate taxe. For family businesses it is important to ensure adequate liquidity is available to pay estate taxes....... Similar Editorial : by News Canada. | Source : Trust Income Tax
Tips To Reduce Your 2006 Income Taxes In 2007! These include reducing revenue, increasing real estate depreciation, increasing expenses by conducting a fixed asset audit and increasing expenses by converting capital expenditures into operating expenses. The basic process for calculating income taxes is simple:Revenue - expenses = net income, or taxable income,Taxable income x tax rate = income taxesTwo options for reducing income taxes...... Similar Editorial : by Steven Ross. | Source : 2005 Income Tax Table
Tax Deductions(Tips For Individual Real Estate Investors) Tax Deductions (Tips for Individual Real Estate Investors) Tax deductions are not the top priority for most individual real estate investors. They often work out of their home with no employees, other than those on-site at the property. Challenges (aside from tax deductions) include selecting what property to purchase, screening tenants, repairs, managing expenses, obtaining financing, and...... Similar Editorial : by Adamheist. | Source : Equity Group Investment
Cost Segregation Correctly Depreciating Real Estate 10 More tax deductions means tax reductionImportant Commentary for Owners of Real EstateBy Patrick O’Connor, MAIDepreciate Property Improvements Correctly...and Pay Less Federal Income TaxMost commercial real estate owners are paying excess federal income taxes because they are not depreciating their property as quickly as they should. A cost segregation study allows property owners to both defer and...... Similar Editorial : by Patrick O'connor, Mai. | Source : Real Estate Find Home
Market Rent Analysis Market Rent AnalysisMarket rent analyses evaluate the subject property, competing properties, and market conditions to document an equitable level of rent in an arm’s length transaction. Estimates of market rent are developed regularly for market studies, appraisals, lease disputes, and to provide an owner or prospective investor with objective opinions.Steps in market rent analysis include:Review...... Similar Editorial : by Elizabeth_100656. | Source : Free Lease Purchase Agreement
