Amr’s Recent Posts

What is a Section 897 Capital Gain?

What is a Section 897 Capital Gain?

In 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA) to address concerns about increasing foreign land ownership in the US. The Act implemented a requirement for withholding taxes on foreign entities' sale of US properties. What’s interesting about the withholding requirement is that the property buyer is responsible for ensuring the amount is withheld and transferred to the IRS.

Oct 2, 2022

Who Pays Capital Gains Tax on Gifted Stock?

Who Pays Capital Gains Tax on Gifted Stock?

Over the next 25 years, the biggest transfer of wealth in human history will take place. Some $68.4 trillion will be transferred to younger generations through gifts and estate plans. And some of that wealth will be in the form of stocks. Which leads to the question, who pays capital gains tax on gifted stock? We’ll explain in this article.  

Sep 28, 2022

What Does Payable on Death Mean?

What Does Payable on Death Mean?

Sep 24, 2022

What Does a 1031 Delaware Statutory Trust Advisor Do?

What Does a 1031 Delaware Statutory Trust Advisor Do?

Finding suitable Delaware Statutory Trust investments can be challenging. Scouring through multiple DST offerings to find investment options that meet your investment criteria can be a difficult and time-consuming process. DST investors who are trying to place capital to complete 1031 exchanges also face the additional pressure of meeting inflexible Internal Revenue Service deadlines. 

Sep 19, 2022

What is a Tenants in Common (TIC) Sponsor?

What is a Tenants in Common (TIC) Sponsor?

Tenants-In-Common is a structure for sharing property ownership among two or more people. The unique aspect of TIC arrangements is how flexible the design is. For example, TIC can include a shared rental property owned jointly by two best friends or, on the other end of the spectrum, a professionally managed company promoted by a Sponsor.

Sep 14, 2022

What Expenses Are Higher during Retirement?

What Expenses Are Higher during Retirement?

Retirement generally means stepping away from a day-to-day job you might have had for years, or even decades. It also means stepping away from a steady wage and/or salary.  

Sep 2, 2022

What Is Interest Rate Risk?

What Is Interest Rate Risk?

Interest rate risk is the risk that an investment’s value will change as interest rates change. This is of heightened concern during periods of interest rate hikes but is also vital to watch when the Fed is lowering rates.

Aug 31, 2022

What Is Income in Respect of a Decedent (IRD)?

What Is Income in Respect of a Decedent (IRD)?

Estate taxes are paid when the estate owner passes. But what about taxes on income received after death? This is where Income in Respect of a Decedent (IRD) comes in. This article will discuss calculating the IRD deduction and how it affects any beneficiaries.

Aug 28, 2022

Does Rental Income Count as Earned Income for Unemployment?

Does Rental Income Count as Earned Income for Unemployment?

As a result of the COVID pandemic, millions of Americans found themselves without jobs and receiving unemployment benefits. Even those who were not affected by layoffs saw how quickly even the most secure job could disappear.  If you’ve never used unemployment benefits, you likely don’t know much about them. But given that a period of unemployment could happen to anyone through no fault of their own, it’s best to understand the system a bit better. In this article, we’ll explore unemployment benefits and how income from rental property may affect these benefits.  

Aug 20, 2022

What Questions Should I Ask about My Financial Planner When Retiring

What Questions Should I Ask about My Financial Planner When Retiring

A financial planner can be helpful in building retirement savings, whether you’re just starting out or nearing the end of your career.  

Aug 11, 2022

Another Way To Own Investment Properties

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