News and Updates

Maximizing Rental Deductions & Tax Strategies for Property Owners

If you own rental property, understanding how rental income is taxed—and what deductions are...

Tax Options for Vacation Home Owners Who Want to Sell

Tax-Smart Way to Hold Investment Real Estate

Real estate can be an attractive long-term investment. But the legal entity you select to own...

Computing Tax Basis Counts when Selling a Highly Appreciated Home

Residential real estate prices in many markets have surged over the last few years. As a homeowner,...

Savvy Homebuying Option: Take Out a 401(k) Loan, Then Recast Your New Mortgage

Are you in the market to buy a new home? If you already own a home, most of your liquidity may be...

Beware of the Potential Tax Bill When Selling Your Home

Prices in many residential real estate markets have surged over the last few years. As a result,...

Mahoning and Trumbull County Real Estate Reappraisals

Every six years, Ohio law requires all county auditors to reappraise each parcel in their counties....

Is Holding Real Property in a Corporation a Good Idea or a Bad Idea?

Real estate can be an attractive long-term business investment. For tax reasons, you're generally...

How Divorce Affects Eligibility for the Home Sale Gain Exclusion

It's common for couples who divorceto sell their homes. Not only does this move give former...

Want to Move? Tax Implications of Converting a Home to a Rental Property

If you're planning to move out of your current home, you face a tough question: Should you sell...