REAL ESTATE
Real estate has emerged as a significant investment for families and as a popular investment in the United States. It has been a sponsored tax write off by the United States government contrary to renting for families in their residences. There has been considerable publicity as to how to do zero or low down payments and advertisements on how all this magic works. Many personalities have made millions probably more through banks promoting their success.
The tax code does help in real estate better than the security market, which limits net losses to $3,000 per year vs. a total write-off with limitations.
There are ways through exchanges, which are sometimes complex to defer taxes, and techniques to borrow out of deals which can provide cash flow and limit tax payments. We work with attorneys to help you arrange the hopefully best opportunity for you.
Beware of the current inflated values in the period 2002 to 2007 where properties have doubled or more in fair market value creating the debt to value recession in real estate. Do not listen to real estate professionals about this current crisis as they do not know.
We can help in this current depression atmosphere as we have been there.

27520 Hawthorne Boulevard, Suite 185
Rolling Hills Estates, CA 90274
OFFICE: 310-544-2289
CELL 310-344-2600
FAX: 310-544-2281
fredwallacecpa@msn.com
Home | About Us | Accounting | Real Estate | IRS Problems | Compliance | Risk Management | Small Business | Locations | Email Us | Contact Us | Resources
|