All Posts Tagged With: "capital gains"
How To RAISE Social Security Benefits Now
Social Security is much in the news with claims that it’s going bankrupt and cries that benefits must be cut. But that isn’t the case, in fact if everyone simply paid their fair share of the costs — if bosses paid as much of their income as their workers — benefits could be maintained or [...]
5Apr2011 | Peter G. Miller | 19 comments | Continued
A Basic Guide To Real Estate, Mortgages & Taxes
Let’s be honest: April 15th is a day of reckoning, the moment when we find out what we really owe for taxes. In households nationwide wallets are drained and many who were rich on the 14th are greatly impoverished by the 16th. But for those with real estate the load is made lighter by tax [...]
11Nov2009 | Peter G. Miller | 0 comments | Continued
2009 Real Estate, Mortgages & Taxes
Let’s be honest: April 15th is a day of reckoning, the moment when we find out what we really owe for taxes. In households nationwide wallets are drained and many who were rich on the 14th are greatly impoverished by the 16th. But for those with real estate the load is made lighter by tax [...]
11Mar2009 | Peter G. Miller | 1 comment | Continued
Are You Keeping Up With Work & Wages?
If you’ve been getting more money each year and maybe a bonus here and there you might think you’re doing pretty well. After all, part of the American dream is to get better at what you do and therefore earn more money as a result. Unfortunately, you’re likely to notice that even with a bigger [...]
2Jan2009 | Peter G. Miller | 0 comments | Continued
What are the major tax benefits of homeownership?
In terms of federal taxes, you will generally be able to: ___Write off interest costs on acquisition financing with a principal balance of up to $1 million. __Write off interest costs on a second mortgage or home equity loan with a principal balance of up to $100,000. ___Write off property taxes on your personal residence. [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
