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Market Concerns: Your Questions, Answered

Often, God shows the “experts” just how little they know and how poor they are at predicting the future.  Last fall, everyone was concerned about a potential recession. Since then, fears had calmed down and all the “experts” said that there was little to no fear of a recession.  I think that God laughs at [...]

Tax Rules on Rental Property

The basics on capital gains & deductions. Buying or selling income property has definite tax consequences. A taxpayer should clearly understand them, whether he or she intends to acquire a property or put one on the market. A sale of income property incurs either a capital gain or loss. If you profit from the sale [...]