Real Estate

Airbnb and Occupancy Taxes

Rental’s Taxable Entity Renting out a second home on self-rental sites such as Airbnb can be very lucrative in high traffic vacation areas. I recently stayed at an Airbnb home in Palm Springs, California. As a guest it was a very enjoyable experience that I would highly recommend but as Read more…

Real Estate

Like-Kind Exchanges

General The name of the game is to defer, defer, defer, and hopefully never pay the tax on your appreciated property. The vehicle often used to achieve this is the “like-kind exchange”. You might be able to dispose of appreciated property without being taxed on the gain by exchanging it Read more…