In today's business climate, taxes are under the microscope more than
ever as property owners and managers seek ways to reduce expenses.
Not exact matches
This is because if the
owner later decides to turn their PPOR into an investment
property they are able to withdraw the cash from the offset account and claim all of the associated interest costs on their outstanding loan
as a tax deduction (because the deductibility of interest costs are capped to the lowest principal balance the loan has
ever been at whilst the
property was a PPOR) whilst using the cash to offset against the new PPOR mortgage which is generating non tax - deductible interest.
If last year's overnight whitewashing of graffiti haven 5Pointz in Queens revealed anything, it's that the fleeting form of graffiti tags is
as susceptible
as ever to the whims of
property owners and real estate speculation.
As a south Florida condo
owner or condominium renter, you are well aware that the
ever - changing weather can cause
property damage.
As owners continue to pay incredibly high prices for retail
properties, asset managers are under more pressure than
ever to boost cash flow...
For the
owner / landlord, active work can include everything from dealing with tenants and their liability to maintenance and townships,
as well
as the
ever - increasing
property taxes.