Heroic Investing

tax breaks

Tax Law Changes Target Investors

Tax Law Changes Target Investors

As we head into the holiday season, no one wants to think about income taxes. But tax season is just around the corner, and since income property investments qualify for a long list of deductions, there are some changes to the tax code for 2013 that are worth planning for. One of the benefits of investing...

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The AMT: Not Just For the Rich

Once reserved for only the highest of income brackets, the alternative minimum tax (AMT) now threatens middle-income taxpayers with the possibility of a bigger tax bite. Because this tax alternative, originally designed to close loopholes that let the very rich avoid paying taxes at all, the AMT was...

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Year End Tax Planning for Investors

Year End Tax Planning for Investors

As 2012 draws to a close, financial experts remind heroic investors to make end of the year tax planning a priority. Since tax laws are frequently being updated and situations change, property owners may be eligible for new deductions and credits to save on taxes. Repairs, improvements and costs of doing...

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Tax Breaks for Property Maintenance

Tax Breaks for Property Maintenance

One of the benefits of investing in rental property for retirement income is that any money you spend toward maintaining or upgrading the property not only increases its future value, but also returns to you in the form of tax deductions. Three kinds of tax-deductible expenditures for rental property...

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Rental Income Property: Reaping the Tax Breaks

Rental Income Property: Reaping the Tax Breaks

A cornerstone of Jason Hartman’s financial system for retirement investing is the fixed-rate mortgage rental property. Investment real estate offers the potential for creating a stable and secure income stream for retirement, and one reason rental income property is a smart investment strategy is that...

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