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Navigating Jamaica, NY’s Property Tax Changes: A Guide

Initial thoughts on Property Taxes Are you a taxpayer in Jamaica, NY struggling with tax debt? Whether it's IRS, state income tax, or sales tax, navigating the complexities of tax law can be overwhelming. Recent changes to property tax assessments by the NYC Council...

Depreciation Schedules for Jamaica NY Rental Properties

Depreciation Schedules for Jamaica NY Rental Properties Hey there, fellow real estate enthusiasts! So, we've talked about depreciation before, right? Like how it's a total game-changer for Jamaica NY real estate investors? Yeah, it's a big deal! And honestly, it's not...

Airbnb and Taxes: What You Need to Know About Renting Out a Spare Room in Jamaica NY

Hey there! Are you thinking of renting out a spare room on Airbnb in Jamaica NY? The world has certainly changed, where an individual can now operate a hotel in their home. Well, not exactly a hotel. But, renting a spare room on Airbnb can be a great way to earn some...

How to Lower Capital Gains Tax for Jamaica NY Real Estate Pros

Minimizing Capital Gains Tax for Jamaica NY Real Estate Pros New York City is the mecca of the world. And, although millions of visitors flock to the city every year, not too many flock to Jamaica, NY. Thus, this is the reason our post does not speak about this part...

How to Deduct Property Management Fees in Jamaica, NY

How to Deduct Property Management Fees in Jamaica, NY As a property owner in Jamaica, NY, managing your rental property can be daunting. This is where property management companies come in, providing a range of services to help you manage your property. However, these...

Unlock the Potential of Jamaica Queens Real Estate

Unlock the Potential of Jamaica Queens Real Estate Considering what has been happening all over New York City as neighborhoods change, and boroughs like Brooklyn become unaffordable. So many savvy investors have been looking elsewhere for other opportunities. If...

Save Big on Taxes: Max Refund Tips

Real estate salespersons, their prospective clients and homeowners in Jamaica Queens, may wonder what tax deductions are available for property owners. The good news is that there are several deductions that can help reduce taxable income and save you money. Mortgage...

How Jamaica Queens Real Estate Pros Save on Taxes

If you are a real estate agent or investor, and wish to run your business properly, it's important to know how to navigate the complexities of tax season. After all, tax season can be scary for real estate professionals anywhere. And, Jamaica Queens is no different....

How you hire an expert for tax and accounting services in Jamaica Queens

As residential real estate experts in Jamaica Queens, we understand the importance of a reliable and competent team that supports our financial needs. Moreover, when it comes to tax and accounting services, it is essential to seek high-quality professionals to ensure...

All About the SSBCI for Jamaica, NY Business Owners

Fill in the blank: It takes a village to ______.While you’re probably thinking of child-rearing right now, I’d like to suggest that it applies to your Jamaica, NY small business as well. And particularly during inflationary times. The 2020 world made it painfully...

How You're Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!