Explore Dallas, TX

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the cur...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
The benefits of a preapproval (not prequalification) for Dallas Texas Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the hom...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the cur...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
The benefits of a preapproval (not prequalification) for Dallas Texas Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the hom...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
Being a Dallas TX First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases aft...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
Taxpayers involved in Real Estate are the largest group of tax clients for my Richardson, TX tax firm. Did you know that Landlords who spend at least 250 hours a year managing and maintaining their rental properties may be eligible for the Qualified Business Income (QBI) deduction (QBID). That av...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 1
Being a First Time Homebuyer in Dallas Texas makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increas...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
Each year, clients either come into our Richardson, TX tax office and ask if they need to pay taxes on the sale of their residence, call concerned about taxation on the Sale of their personal residence, or make an assumption that income on the Sale of a personal residence is NEVER taxed. Today, I...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
It’s always a good idea to look for ways to minimize your tax liability. Taking advantage of opportunities before the year comes to a close is a smart move. Here are a few things to think about: Are you making the maximum contribution to your §401(k), IRA or other retirement plans? If the answer ...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
In December of 2017, the Tax Cuts and Jobs Act (TCJA) introduced a new “Qualified Business Income Deduction” (QBID) under IRS Section 199A. The QBID provided a deduction of up to 20% of qualifying income on the tax return and has enabled taxpayer's who come to our Richardson, TX tax office to enj...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the cur...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
In this week’s installment in our series of taxation and investing in Real Estate we will discuss allowable loss limitations on Real Estate Investments. Real Estate investing is well known as having the ability to generate non-cash losses that may be deductible against other income for the invest...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
In this week’s installment in our series of taxation and investing in Real Estate we will discuss who qualifies as a Real Estate Professional in the eyes of the IRS and what does it mean to be a Real Estate Professional.  Generally, if I ask any taxpayer who comes into my Richardson TX tax office...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
Last week we covered reporting Rental Real Estate activities on tax returns. This week we’ll give an overview of Expenses. Next week, we will cover depreciation separately and we will continue to cover various topics pertaining to Rental Real Estate over the coming weeks. In general, the IRS will...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the cur...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
Last week we covered the general rules around reporting rental Real Estate activities on tax returns. This week we’ll begin to dive into more specific issues related to income tax reporting for Real Estate Investors, by covering the reporting of income on rentals. Today, we’ll cover income relate...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
There are times when I have taxpayers come into  Dallas, TX tax office, who are experiencing difficult financial times, often through no fault of their own. Perhaps they’ve had a death in the family, lost their jobs for an extended period of time, or have had medical issues which have put them in...

By Bob Jablonsky, Helping you resolve your IRS Problems!
(Bob Jablonsky & Associates)
Comments 0
Investing in Real Estate has been a very effective way for Americans to build wealth. With rising real estate prices combined with low interest rates, it has become even more popular. Today, we’ll cover some of the topics that come up when taxpayers who invest in real estate come to our Dallas, T...

By The Legacy Group, TheLegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Comments 0
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Da...

Dallas, TX Real Estate Professionals