Tag: General Finance

Posted on 02/14/2021
Step-Up Basis and How It Can Pertain to Real Estate
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
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Posted on 12/13/2020
Real Estate Investment: How Much Debt Is Too Much?
Photo by Alexander Stein via Pixabay Nearly all real estate investment includes some amount of debt. Debt on its own isn’t necessarily a problem but too much debt can create challenges. So, how much debt is too much? We’ll give you some solid answers below. Quick note: If you’re already a seasoned pro, you probably don’t need our...
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