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IRS Offers Tips on Rental Real Estate Income, Deductions and Recordkeeping
Headliner Volume 271 July 8, 2009 If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the...
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Is A Gift Tax Return Due for Your Real-Estate Transfer?
The IRS Estate and Gift Tax Program recently started working with state and county authorities in several states to determine if real estate transfers reported to them are unreported gifts. Although a...
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IRS Presents – How Does The Gain On The Sale Of Your Main Home Work
If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your income. Here are 10 tips to keep in mind when selling your home. 1. In general, you are...
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