Real estate tax tips from Scottsdale group talk
Larry Petersen CPA outlines how investors can use capital gains rules to tax only half profit or 25 percent of max tax, and how capital losses up to 2000 yearly can offset income. He notes real estate is capital gains, except for real estate companies treated as inventory. He also explains installment sales, trading like property, and a 65-plus residence exclusion of 20 000 on primary home proceeds, stressing advance tax planning.
MENTIONED IN THIS ARTICLE
Petersen
Housing starts seen near 1963 peak if funds stay available
Imperial Corporation of America president Jack H McDonald told Phoenix leaders that housing starts in 1969 could match the 1.6 million 1963 record if adequate funds remain. He warned that federal rate controls and mortgage funds depend on policy, and urged consistent funding to support the construction and homebuyers. Imperial, the fourth largest savings and loan holding company, operates across Texas California Kansas and Colorado.
MENTIONED IN THIS ARTICLE
Savings and Loan Industry
Jack H.mcdonald
Imperial Corporation of America
Phoenix
Imperial Corporation
Savings and Loan
Holdingompany
Texas
California
Kansas
Colorado
McDonald
Homes Open for Inspection in Scottsdale Area This Weekend
A list of houses to be open for inspection is announced for the Scottsdale area this weekend. Unless noted otherwise, all homes will be open Sunday only from 1 to 5 p.m. Readings include addresses on Camelback Road Osborn and Orange Blossom Lane plus properties on Weldon and Granite Reef Road among others. Realty firms Gruenemeier, Hollister, and others are handling showings.
MENTIONED IN THIS ARTICLE
Scottsdale
P.m
Clements
Realty
Camelback Rd
Dsth St
Weldon St
Osborn
EL Barita
Feers St
Sar
Sur
Tax benefits topic at Scottsdale Listing Service meeting
The Scottsdale Listing Service holds a regular meeting at Plain and Fancy on 7043 E McDowell Rd at 7 40 am with guest speaker Charles Nixon from the Internal Revenue Service Phoenix office. The session covers tax benefits for real estate agents and related topics.
MENTIONED IN THIS ARTICLE
Scottsdale
Plain and Fancy
Smorgasbord
E. McDowell ‘Rd
Charles. Nixon
Internat Revenue Service
Phoenix
Also Mentioned on This Page
Rick Cook
Larry Petersen
Women’s Council of the National Association of Real
CPA
Arizona
Homeseeker
Gruenemeier’ Realty
Granite Reef
Skyline Hortes
Vista Dr
Hollister
Paradise Valley
Scottsdale Daily
Weldon Minchew
Mohave Saguard
Lanai
Barbara Harleigh
Clements Realty
Utah
Goebel Realty Inc
E. McDowell
Papago Plaza
Shea
Wy Ranch
Gruenemeier
D.R
Scottsdale & Phoenix
Paradise
Valley
Carefree
Pinnacle Peak
Anchor Realty
Scottsdale, Arizona
Eawateetan Realtors
East Phoenix
E. Thomas Rd
East Phoenix Homes
Allied - Arcadia
Arcadia Hi
St. Theresa
Arcadia Area
Scottsdale Homes
Scottsdale Hi
Allied
Coronado
St. Daniels
Reyna Ss
RTYO
Arcadia
Sootiadah Bast