by kramoltz@hotmail.com | Nov 24, 2019 | Animal Stories (mostly Dogs in the Military), Taxes
SimplySOLD donates food and supplies and makes monetary contributions to local animal charities. You may do the same, and if you incur pet expenditures in your home, you could be entitled to a tax deduction. For example, taking care of or fostering a charity’s pets....
by kramoltz@hotmail.com | Jun 20, 2018 | Taxes
Want to pay less tax on your real estate investments? A new community redevelopment program for economically distressed communities called Qualified Opportunity Zones (QOZs) offers significant tax benefits. One of the incentives works like a 1031 exchange, allowing a...
by kramoltz@hotmail.com | Jun 13, 2018 | Home Ownership, Taxes
Owners tackling a remodeling project may want to consider how it could impact property taxes. Renovations could result in an increase in assessed value by the county assessor. Ordinarily in the Phoenix metro area any upward adjustment in assessed value would only...
by kramoltz@hotmail.com | May 29, 2018 | Canada and Canadians, Taxes
If you’re a Canadian and have received money from a U.S. source when you are here, you may have to file a U.S. tax return. That is because the U.S. may believe you owe taxes on that money. If you are a snowbird and spend a limited amount of time in the U.S., your tax...
by kramoltz@hotmail.com | Mar 27, 2018 | Home Buying
First of all, interest rates are expected to continue to rise. Plus inflation may also come back long term. And more unfavorable laws that reduce the advantages of buying could be enacted (minor tax law changes already came into effect 1/1/18). If so, buying a home...
