Ep. 107 - Make sure you pay your taxes; otherwise you can get in a lot of trouble.
Release Date: 03/07/2024
Real Estate Finder
Recently at the walk through before a closing for one of Jill Glanzer’s Buyers, we discovered that the Seller failed to deliver the property in the condition that was agreed to in the contract and inspection addendum. The contract was supposed to include all television sets, and according the the inspection report the Seller was supposed to replace all of the light bulbs that where out. Usually not a big deal, but when the ceiling is 20 feet tall, changing a lightbulb is not as simple as changing a lightbulb. Join us as we discuss the walk through before closing, What is the walk...
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When a Buyer and Seller enter into the Florida As-Is Contract many times they have a different view of that As-Is means. Buyer’s often believe they can ask for credits and/or repairs during the inspection period. Seller’s often believe they are selling the house As-Is and they do not have to make any repairs. Often when a Seller negotiates they will agree to a price but want to let the Buyer know they will not negotiate anything during the inspection period. Sometimes this is a declaration from the Seller, and it is not an agreed upon term...
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info_outline"Make sure you pay your taxes; otherwise you can get in a lot of trouble.” I did not write that title. It is a quote from President Richard Nixon. The other quote I was thinking of using for a title was by Albert Einstein "The Hardest Thing in the World to Understand is Income Tax.” That one is amusing because of course, Albert Einstein was a genius and if he thought it was hard to understand, what hope do the rest of us have?
Well there is hope. And her name is Jessica Green! Jessica is the managing director of Green Tax and Business Advisors.
Jessica has a Master in Business with focus in Accounting and has over 15 years of experience in business strategy and has been doing tax preparation, tax strategy, and accounting for over eight years. She enjoys solving complex tax problems and designing strategies to take the tax burden off her clients’ shoulders and believes all clients should be served with the highest levels of accuracy, professionalism, and customer service.
We discuss many common issues that affect Real Estate Agents and Investors. Imagine if you will: You are a real estate agent. You sell a house and make a $15,000 commission. There is no withholding, and that money is going to burn a hole in your pocket. Jessica can help you take the proper deductions and reduce your tax liability, and just as important she can help you plan for the eventual tax bill you will have to pay.
As Ben Franklin said: "In this world nothing can be said to be certain, except death and taxes.”
We are very glad to have met Jessica, we are glad she is a Signature Preferred Vendor and member of our Vendor & Affiliate Network. And we hope you enjoy this episode as much as we enjoyed making it.
For more information or to contact Jessica please click here: https://greentaxandbusinessadvisors.com
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