Tax strategies abound these days, and for investors, the new tax law does not make it any easier. On top of that, sales people for a variety of financial services offer a plethora of “1031 alternatives”. If the tax law itself doesn’t make you dizzy, the loopholes and strategies are like a merry-go-round on steroids.
With tax season upon us, we’re all eager to see how the new tax law will affect us. The increased standard deduction may water down many (or all) of our deductions. And, the inability to write off State and Local Taxes (SALT) will increase our federal tax burden. Hopefully, the lower federal rates will more
Every time I’m presented with a new transaction, I give my client “the talk” about rates. My objective is always to start with the very best rates. If the borrower or property don’t qualify for bank rates, then I go to alternative options. If private money is what’s required, I can provide that service. The
