Posts Tagged ‘Rental Income’


Understanding the New 20% Pass-Through Income Tax Deduction

In December, 2017 President Trump signed the new tax bill.  This is known as the Tax Cuts and Jobs Act (TCJA).  What received a lot of attention in the media was the tax cuts for individuals. For Connecticut taxpayers, check out Four Easy Steps for CT Taxpayers to Plan for Their 2018 Income Tax.

Also, as part of the TCJA, for eligible entities, there is a new 20% Pass-Through Deduction, which is also known as a Section 199A deduction.  … Continue reading »


3 Easy Steps to Rent Your Real Estate to Your Business

http://www.dreamstime.com/stock-photography-symbol-new-house-image4640592

 

 

Many business owners will eventually buy a building and then rent it to their business. This can be an appropriate strategy for many.  If you are planning on being in business for an extended period of time why not own the real estate? If you do own rental real estate you’ll need to know how to Continue reading »