Tax Advantages of Owning Real Estate

Tax Advantages of Owning Real Estate is written for California real estate licensees, attorneys, investors and owners. The objective of this book is to fully provide buyers, owner-operators and sellers of real estate complete knowledge of the tax consequences that accompany all real estate transactions.

Many real estate decisions, particularly for sellers, are driven by the transaction’s profit tax implications. Thus, it is important for buyers, owners and sellers of homes, business premises, income-producing properties and investment real estate to understand and apply tax rules in their real estate transactions.

For the broker or agent, advice about taxes, if made known, may hold strong influence over a client’s decision to buy, sell, finance or lease real estate. To this end, Tax Advantages of Owning Real Estate discusses the advice brokers can and should give to a client regarding the tax consequences of real estate transactions.

On completion of this book, brokers and agents will be able to competently articulate various income tax consequences, analyze the application of federal tax rules to various real estate transactions, use worksheets to back up their advice, and represent buyers and sellers on ever higher-valued properties. Similarly, individual investors and owners will gain a firm understanding of the tax rules and financial implications of their real estate decisions.

ISBN-10: 1-933990-07-4
ISBN-13: 978-1-933990-07-1
Edition: 2nd
Publication Year: 2007
Binding / Size: Paperback - 8.5x11
Photos / Illustrations: N/A
Pages: 400
Case Qty: 13