Taxes are what you pay to the federal, state and local governments where you live. Different types of taxes include income taxes, capital gains tax, sales tax, estate tax and real estate taxes such as property tax. Learn how to bequest property and do transactions in a way that will help you pay less taxes and follow the law.
Real Estate Capital Gains Tax: What You Owe After Selling Your Home
After selling a home you've lived in for more than five years, what is the real estate capital gains tax and what do you report to the IRS. If you're married you can take up to $500,000 in profit without paying capital gains tax to the IRS, after living in a home at least two of the last five years. If you're single, you can take up to $250,000 in profit without paying capital gains tax to the IRS, after living in a home at least two of the last five years.
Con Artists After Your IRS Rebate Check
I received one of those scam emails today purporting to be from the IRS. They wanted to let me know that more than 130 million Americans will receive ...
Cash Rebates: Coming Your Way on Monday?
President Bush stood in the garden of the White House this morning and announced that the tax rebates would be on their way in your pocketbook by Mond...
IRS Tax Provisions For Rental Property And Primary Residence
What tax deductions can you take on a primary residence and on a rental property? The IRS does not let you treat a property rental as a primary residence for tax purposes. And what risks do you face if you rent out a property in a homeowners association that prohibits rentals?
Who Will Teach Your Kids About Money?
Money must still be taboo in many American families. Only 20 percent of parents involve their teens in financial discussions, according to a Charles S...
Commercial Real Estate Tenant Doesn’t Pay Rent
What can you do when you own commercial real estate and your tenant doesn't pay rent? How can you evict the commercial real estate tenant? Eviction laws vary by state and some attorneys specialize in evictions for commercial real estate.
More On The Tax Deadline Extension For GA Tornado Victims
This is specifically for tornado victims in Georgia: We checked with Chet Burgess, a tax expert who was on Ilyce's show on Sunday, and he said the Ma...
File Your Taxes On Time, Even If You Can’t Afford To Pay
You may have heard horror stories from people who owe back taxes. How can you reduce the odds this will happen to you? File your taxes on time, no m...
Today on the Ilyce Glink Show
We're talking taxes, 10 days before Tax Day. But you might have more time if you're in one of the Georgia counties hard-hit by the Tornados of March 1...
Ilyce Glink on WSB Radio – April 6, 2008
Today on the Ilyce Glink Show we talked taxes with our tax experts. We took a lot of calls about LLCs, the Federal and State tax extensions, and the non-deductible IRA conversions. Don't forget to check out her all-video Web site, www.expertrealestatetips.net.