Many homeowners either plea for help or speak against the increasing tax rates. But, not all find a solution. A property tax bill is something that drops in your inbox every year and many pay the bill as it is without raising a question or without even understanding how the numbers arrived. Just because it … Read more
Property Tax Reduction Blog
The impact of cost segregation on property tax
Every real estate investor focuses on reducing his/her tax liability and tries to take advantage of the tax strategies available. But, not all are aware of cost segregation. Cost segregation is an IRS defined approach for reducing your taxable income. It identifies and depreciates the components of a real estate property at an accelerated rate. … Read more
Pay Less Property Taxes On Your Rental Investment
People are trying to save more dollars rather than spending them. Are you looking for dollar saving ideas in rental investment? Then there are tax deductions available for rental property investors! Property taxes won’t be a burden anymore when you are completely involved with better tax strategies. You can be a passive investor or a … Read more
Business personal property tax: don’t pay more than you need to
Business owners must be quite familiar with the term business personal property tax (BPP). But did you know you can reduce your personal property taxes that you are paying now! In this article, you will get to know, in detail, what business personal property tax is, if you are responsible to pay it, and how … Read more
Covid 19 affects on property taxes
It was in the mid of March, that we started accepting the new normal of covid-19. From the very beginning of the quarantine, the real estate market was into a storm of highs and lows. Though the work-from-home policies of various companies succeeded with their workflow, this has emptied most of the commercial properties and … Read more