Jun 20 Allocating Between Land and Building when Acquiring Rental Real Estate
How purchase value is divided up between land and buildings impacts the depreciation tax benefits you get as a real estate owner. Here's what you need to know....
Jun 09 Don’t Be Surprised by a Tax Liability on the Sale of Your Residence
Clients often contact me to discuss the tax consequences of selling their primary residence. This post clarifies some of the misconceptions about these sales....
Jun 05 Are Club Dues a Deductible Business Expense?
A question I am often asked by my clients is whether they can deduct the dues for clubs at which they entertain customers or that otherwise may be relevant to their business. Here's what you need to know before you pull out your golf clubs....