Posted on October 17th, 2008 by GA R.E. Investing
In these tight economic times, everyone is looking to save money where they can. If you own a commercial building with a value greater than $1,000,000 that was purchased since 1986, have you considered depreciating your asset using cost segregation? It often leads to tax savings of over $100,000.
Cost Segregation allows you to deduct portions [...]
Filed under: Cash Flow, Cost Segregation, Depreciation, Save Tax | No Comments »
Posted on September 26th, 2008 by GA R.E. Investing
This update is courtesy of www.rees1031.com
In three recent private letter rulings (”PLRs”), the IRS ruled that two 50% undivided fractional interests in real property did not constitute an interest in a business entity for purposes of qualification as eligible replacement property in a IRC s. 1031 exchange. The rulings are also significant in that they [...]
Filed under: 1031 Exchanges, Investment Property, Save Tax | No Comments »
Posted on September 12th, 2008 by GA R.E. Investing
Are you interested in making a positive difference in the lives of others while receiving a tax break? Maybe you have considered starting your own foundation, but you thought it took millions to start a foundation. There are other options. We did it and so can you.
We feel it is vitally important to reach out [...]
Filed under: Giving Back, Save Tax | 2 Comments »
Posted on August 29th, 2008 by GA R.E. Investing
While this example is not about a commercial property, we advocate taking advantage of market conditions to obtain the best deal and right now, it is a great time to buy residential real estate that you plan to hold until the market returns.
One of the greatest benefits to homeownership can be that the profit made [...]
Filed under: Benefits of Owning Property, Save Tax | No Comments »
Posted on August 27th, 2008 by GA R.E. Investing
Back to School Pop Quiz:
Question: Which of these ways make money?
A. Income from Cash Flow
B. Income from Equity Build-up
C. Income from Depreciation or Appreciation
D. All of the Above
Answer: All of the Above!
You may be familiar with making money from real estate you own when the value goes up through appreciation. This is especially true when [...]
Filed under: Benefits of Owning Property, Building Equity, Cash Flow, Commercial Real Estate, Depreciation, Save Tax | 1 Comment »