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| Dedications and Acknowledgments | |
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| Introduction | |
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| Overview of Real Estate | |
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| Why You Should Own Your Home | |
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| Buy a Home or Die in Poverty | |
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| Tax Goodies from Owning a Home | |
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| Tax Basis-The Starting Place for All Deductions | |
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| IRS Record-Keeping Requirements to Bulletproof Your Basis | |
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| Why Making Improvements to Your Home Is Much More Valuable than Making Repairs | |
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| Maximizing the New Mortgage Interest Rules | |
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| The Point of Points | |
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| Maximizing Your Deductions when Building a Home | |
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| Maximizing the Effect of Real Estate Taxes | |
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| Maximizing Tax Benefits when You Dispose of Your Home | |
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| Excluding Gain when You Sell Your Home-An Overview of the New Universai Exclusion | |
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| Exceptions to the Two-Year Rule | |
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| Divorce and Death Implications | |
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| Using an S Corporation to Avoid the Two-Year Rule | |
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| Introduction to Tax Planning for Buying and Looking for Rental Property | |
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| Introduction to Investment Property | |
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| Understanding Depreciation | |
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| How to Evaluate Rates of Return for Residential Investment Property | |
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| How to Deduct the Cost of Looking for Property | |
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| Tax Goodies Incurred while Owning Rental Property | |
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| Minimizing Passive Loss Problems | |
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| Maximizing Your Depreciation Deductions | |
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| Making Land Deductible | |
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| Splitting Income by Hiring Family Members | |
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| Why Repairs on Investment Property Are Important | |
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| Minimizing Taxes when Disposing of Real Estate | |
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| How to Calculate Gain or Loss | |
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| When to Use Seller Financing | |
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| How to Avoid All Gain on the Sale of Investment Property Using Like-Kind Exchanges | |
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| Sales to Relatives | |
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| Miscellaneous Real Estate Tax Considerations | |
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| Understanding Vacation Home and Second Home Rules | |
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| Tax Benefits of Owning Motels, Hotels, and Bed-and-Breakfasts | |
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| Frequently Asked Questions | |
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| Recommended Tax Resources | |
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| Leveraging Today's Technology | |
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| Forms | |
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| Index | |