Now that the new legislation has passed, what taxes will be increased and what cuts will be extended for real estate investors? My report answers these questions.
(PRWEB) January 07, 2013
In the early morning hours of January 1st, 2013, the United States Senate passed the “American Taxpayer Relief Act of 2012”, which basically means that some tax cuts due for expiration were extended, some expired, and no spending cuts were made. How does this new legislation impact real estate investors?
National real estate speaker Phill Grove, creator of the Assignment of Mortgage Payments System and the "All In One Done For You" real estate product, has released a report called "5 Ways The ‘Fiscal Cliff’ Deal Impacts Real Estate Investors" and is available at his official website here.
"Many folks were panicked by the thought of going over the fiscal cliff," says Phill Grove, who has participated in more than 1,200 real estate transactions since 2004 totaling more than $200 million. "Now that the new legislation has passed, what taxes will be increased and what cuts will be extended for real estate investors? My report answers these questions."
To view Phill Grove's "Real Estate State of the Union 2013", please visit here.
The report focuses on 5 areas:
- Capital Gains Taxes
- Tax Extenders (what deductions were extended)
- Estate Tax
- Mortgage Interest Deductions
- Debt Relief Act
"Understanding what has or has not been impacted may have an affect on the type of strategy that you choose to use in your real estate business in 2013," continues Mr. Grove.
To view the report "5 Ways The Fiscal Cliff Deal Impact Real Estate Investors", please visit http://www.reimaverick.com/5-ways-fiscal-cliff-deal-impacts-real-estate-investors/
About Phill Grove: About Phill Grove: Phill Grove is the owner of the Austin Real Estate Company Hippie Hollow Homes. Phill is also the creator of the Assignment of Mortgage Payments System, which teaches new investors how to sell 'unsellable houses' to 'unloanable' people at market price. Phill speaks at live events all over the country through his Big Live Event real estate seminar series, along with Lindsey Younts, Damon Flowers, Stedman Graham, and more. For more information on Phill Grove, please visit his official blog site at http://Reimaverick.com.