The new American Opportunity Tax Credit

The American Opportunity Tax credit is a new tax credit which has replaced the previous Hope Credit for the 2009 and 2010 tax years. Under the new credit, not only has the name changed but …

Tax Tips for Single Parents

The tax code is one of the main ways that the government tries to burden and benefit certain people.  In the case of single parents, there are a number of tax tips to help ease …

An Overview of Credits that Reduce your Taxes

There are a variety of credits that will reduce your taxes; however, before you or your accountant include them; you should take the time to read the rules yourself; especially if you wait until the last …

Quick Tips for Preparing your first Tax Return

Preparing your first tax return can be fun and exciting. If it is a simple return, with just one w-2, then hop onto the irs website at irs.gov, and just follow the directions. It’s easy, …

Repaying the first Time Homebuyer Credit

The First-Time Homebuyer Tax Credit is a refundable credit that is available to certain individuals who purchased a home before May 1, 2010 to be used as their principal residence.  There are few different varieties …

The Tax Implications of getting Married

You’ve heard the saying, “two can live cheaper than one.” Well, two people who are married can also pay a whole lot less in income tax. The reason is, that the tax code is structured …

Most Overlooked Tax Deductions

Some tax deductions are easy to remember.  Mortgage interest and points, for example, are usually foremost in taxpayers’ minds because they represent a large part of the deductions and because they are usually reported to …

Tax Tips for Homeowners

Homeownership is one of the behaviors that the tax code is intentionally designed to encourage, which means that homeowners should pay close attention to the code and take advantage of all the deductions that they …

Special Tax Benefits for Armed Forces

Although there are military centers on the bases to help; there are others who can assist service members to get the best. For example, some of them might not realize that the Law HR 3149 …

Earned Income Credit

Earned income credit is a tax credit that is designed and aimed at helping the low income working population. In addition, it gives the low income an incentive to continue working rather than collecting welfare. …

IRS Scams and Spams

Fake, spam and scam emails fills our email inboxes every day. Sometimes it’s easy to spot the scam due to poor English, a ridiculous story, a shady link or an unfamiliar email address in the …

Tax Return Form

* Which Tax Return Form Should You Use? * Tax return forms are virtually the most complex forms there are around. If you are like a lot of people in the United States, you are …

What is the Earned Income Tax Credit

The Earned Income Tax Credit (“EITC”) is a tax credit that is available to certain low-income families and individuals.  It is designed to provide some tax burden relief to those who are working but have …

Analyzing the Housing Market Downturn

As you all know by know the housing market is in big trouble and there does not appear to be an end in sight , at least not until sometime in 2008. The problem as …

Why Invest in Real Estate

You have thought about owning your own car and house and investing in the stock market, but why not try staking a claim to a piece of land? During an upswing in development, land appreciates …

Tips for Finding Real Estate Deals

The Deal of the Century and How to Find One. Often times, a deal in the real estate market depends on a person’s perception. Investors may be looking at one aspect of a home, while …

Analyzing the Housing Market Downturn

The doom and gloomers (mostly economists) are predicting a further serious downtown in housing prices. Who are these people with no sense a’tal? When the market roars up for a while, it tends to come …

Investing in Tenancy in Common

TIC, or Tenancy-In-Common is a type of co-ownership pertaining to real estate where the “right of survivorship” is void. TIC allows those with interest in the property to name an inheritor to take control of …

Advantages of Apartment Investing

Are you one of those looking for a comfortable, financially stable future, in your own posh beach bungalow, with exorbitant interiors, lush green gardens, private golf course, most expensive limousine, and a fat bank balance, …

The Abcs of Real Estate Financing

The market we are experiencing today is probably one of the most volatile the United States has ever witnessed. Having said that, let me also preface this article by saying that this is currently a …

Tips for Finding Real Estate Deals

How do you find good real estate deals? There always has been – and always will be -one main source for real estate bargains. They are called motivated sellers. In fact, real estate bargains don’t …

The Abcs of Real Estate Financing

ABC’s of Real Estate Finance When you are starting a home search, the first subject you must become familiar with is how to finance your purchase. In this author’s opinion, the best way to go …

The Abcs of Real Estate Financing

Real estate financing is a commercial loan typically offered to finance the purchase of buildings or land for a business. The property is often used as collateral and the lender will have a legal claim …

Real Estate Investment Clubs a Worthwhile Resource for Investors

Whether new to real estate investing, or a seasoned pro, Real Estate Investment (REI)clubs are worthwhile resources for your investing future. There are hundreds of clubs scattered around the country, with many larger metropolitan areas …