Tax Questions Answered

Dated: 06/10/2018

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As you consider buying, owning, and selling, you will have many tax related questions. As a Realtor, my expertise is with helping to bring buyers and sellers together in a real estate sales transaction. I am not a tax expert so I do not offer any tax advice. 

My suggestion is always that you contact a qualified tax accountant when you have tax related real estate questions.  Also, while I have many professionals I work with, including tax professionals, I never endorse any specifically. 

I came across the following answered questions on the site of one of out local CPAs, Benjamin Scott. This is a great group of questions - some of which may answer many of your real estate related tax questions.  

What You Need to Know Before You Rent Your Vacation HomeWhat are the Tax Ramifications of Selling Rental Real Estate?What are the Tax Advantages of Being a Landlord?Want to Defer Capital Gains - Use a Property SwapUnderstanding the Tax Ramifications of Investing in Rental Real EstateUnderstanding the Differences Between Home RenovationsUnderstanding Tax Breaks for MovingTaxes and Selling Inherited Property - What You Need to KnowReduce Your Taxes Through Home ImprovementKnow Your Tax Requirements for Your Rental PropertiesIs it Time for a Home Equity Loan?How Refinancing Your Home Affects Your TaxesGet a Tax Credit when You Install a Home Renewable Energy SystemDoes the Sale of Your Home Qualify for a Federal Income Tax Exclusion?Are There Deductions for Mortgage Loan Points?Are There Advantages to Owning a Second Home?

If you want to speak with Benjamin Scott, here is his number:  843-284-5548

Chris DeLoach  843-270-1272

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Chris DeLoach

SERVING CHARLESTON, SOUTH CAROLINA BUYERS AND SELLERS SINCE 2001 ------------------------------------------------------------------------------------ Buying a home – or selling a home – can be one....

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