Part I - Overview of Real Estate
Chapter I: Why Everyone in America Should Own Their Home
Chapter II:
Buy a Home or Die in Poverty
Part II - Tax Goodies from Owning a Home
Chapter III:
Tax Basis - the Starting Place for All Deductions
Chapter IV:
IRS Record-Keeping Requirements to Bullet-Proof Your Basis
Chapter V:
Why Making Improvements to Your Home is Much More Valuable than Making Repairs
Chapter VI:
Maximizing the New Mortgage Interest Rules
Chapter VII:
The Point of Points
Chapter VIII:
Maximizing Your Deductions when Building a Home
Chapter IX:
Maximizing the Effect of Real Estate Taxes
Part III - Maximizing Tax Benefits when You Dispose of Your Home
Chapter X:
Excluding Gain when You Sell Your Home - an Overview to the New Universal Exclusion
Chapter XI:
Exceptions to the Two-Year Rule
Chapter XII:
Divorce and Death Implications
Chapter XIII:
Using an S Corporation to Avoid the Two-Year Rule
Part IV - Introduction to Tax Planning for Buying andLooking for Rental Property
Chapter XIV:
Introduction to Investment Property
Chapter XV:
Understanding Depreciation
Chapter XVI:
How to Evaluate Rates of Return for Residential Investment Property
Chapter XVII:
How to Deduct the Cost of Looking for Property
Part V - Tax Goodies Incurred while Owning Rental Property
Chapter XVIII:
Minimizing Passive Loss Problems
Chapter XIX:
Maximizing Your Depreciation Deductions
Chapter XX:
Making Land Deductible
Chapter XXI:
Income Splitting by Hiring Family Members
Chapter XXII:
Why Repairs on Investment Property are Important
Part VI - Minimizing Taxes when Disposing of Real Estate
Chapter XXIII:
How to Calculate Gain or Loss
Chapter XXIV:
When to Use Seller Financing
Chapter XXV:
How to Avoid All Gain on the Sale of Investment Property Using Like-Kind Exchanges
Chapter XXVI:
Sales to Relatives
Part VII - Miscellaneous Real Estate Tax Considerations
Chapter XXVII:
Understanding Vacation Home and Second Home Rules
Chapter XXVIII:
Understanding the Benefits of Mom and Dad Motels, Owning Bed and Breakfasts, and Converting Rental Property to a Hotel Classification
Chapter XXIX:
Frequently Asked Questions
Appendix
