The Biden administration is proposing an increase to long-term capital gains tax. Tax basis and capital gains for investment properties are commonly misunderstood. Before you consider selling an investment property, it’s important to understand how gain is calculated. Here’s a...
The Biden administration has proposed some changes to tax law that, if passed, will apply to the entire 2021 tax year. Some of the provisions will have great impact on multi-family owners. Below is a brief summary of 2021 tax...