Deprecated: Assigning the return value of new by reference is deprecated in /srv/users/serverpilot/apps/asktaxguru/public/blog_external.php on line 296

Deprecated: Assigning the return value of new by reference is deprecated in /srv/users/serverpilot/apps/asktaxguru/public/blog_external.php on line 315

Deprecated: Assigning the return value of new by reference is deprecated in /srv/users/serverpilot/apps/asktaxguru/public/blog_external.php on line 332
http://www.asktaxguru.com/blog.php Ask TaxGuru a free online Tax help and support community, with helpful features such as Tax tips, Tax calendar, Tax calculators, free downloads, and resources en Tue, 09 Jun 2026 02:46:09 GMT vBulletin 60 http://www.asktaxguru.com/images/monkeybatter/misc/rss.jpg http://www.asktaxguru.com/blog.php http://www.asktaxguru.com/blogs/taxguru/5-how-do-we-stimulate-us-real-estate.html Sat, 29 Aug 2009 00:39:43 GMT Here are 3 changes in the tax code that the Obama Administration should consider to stimulate the Real Estate market. 1. Abolish the Passive Activity Loss Limitation rules, and instead allow Investors to write off all their real estate rental losses without restrictions. 2. Allow a 5 year depreciation rule on Residential rental property. 3. Allow a 15 year depreciation rule on Commercial rental property. The cumulative impact of these would be to galvanize the real estate market by getting private investors to obtain a greater return on their investment. Hence increasing the effective yield. Of course, the US treasury would suffer a loss in temporary tax revenue, but it would be offset against a revived US economy yielding higher tax revenue in the future..! Here are 3 changes in the tax code that the Obama Administration should consider to stimulate the Real Estate market.

1. Abolish the Passive Activity Loss Limitation rules, and instead allow Investors to write off all their real estate rental losses without restrictions.

2. Allow a 5 year depreciation rule on Residential rental property.

3. Allow a 15 year depreciation rule on Commercial rental property.

The cumulative impact of these would be to galvanize the real estate market by getting private investors to obtain a greater return on their investment. Hence increasing the effective yield. Of course, the US treasury would suffer a loss in temporary tax revenue, but it would be offset against a revived US economy yielding higher tax revenue in the future..! ]]> TaxGuru http://www.asktaxguru.com/blogs/taxguru/5-how-do-we-stimulate-us-real-estate.html http://www.asktaxguru.com/blogs/taxguru/4-appeal-congress-reduction-s-e-tax-small.html Thu, 14 Aug 2008 14:48:32 GMT To stimulate small businesses, I think Congress should provide a relief from the Self-Employment taxes especially for small businesses who have to pay 15.3% self-employment taxes. This tax should be graduated at say 7.5% for the first $50,000 in net profits and then incremently increase to 15.3% for say when net profit increases to over $100,000. The 15.3% tax rate is considerable burden on small businesses. To stimulate small businesses, I think Congress should provide a relief from the Self-Employment taxes especially for small businesses who have to pay 15.3% self-employment taxes.

This tax should be graduated at say 7.5% for the first $50,000 in net profits and then incremently increase to 15.3% for say when net profit increases to over $100,000.

The 15.3% tax rate is considerable burden on small businesses. ]]> TaxGuru http://www.asktaxguru.com/blogs/taxguru/4-appeal-congress-reduction-s-e-tax-small.html http://www.asktaxguru.com/blogs/taxguru/3-what-is-best-tax-strategy-boost-economy.html Thu, 22 May 2008 15:08:40 GMT I think one of the best tax strategies to immediately boost the US economy is to cut the social security taxes for self-employed taxpayers. The immediate impact would be to stimulate small self-employed businesses by cutting one of the biggest tax burdens. This net profit from self-employed businesses is subject to the 15.3% self-employment taxes and by cutting this in half would do more to help the small businesses than any tax credits or tax rebates. This particular sector of the economy is very important in leading job creation in this economy. The immediate impact would also increase the tax reporting of income for self-employed business and may actually increase tax revenues. I think one of the best tax strategies to immediately boost the US economy is to cut the social security taxes for self-employed taxpayers.

The immediate impact would be to stimulate small self-employed businesses by cutting one of the biggest tax burdens. This net profit from self-employed businesses is subject to the 15.3% self-employment taxes and by cutting this in half would do more to help the small businesses than any tax credits or tax rebates.

This particular sector of the economy is very important in leading job creation in this economy.

The immediate impact would also increase the tax reporting of income for self-employed business and may actually increase tax revenues. ]]> TaxGuru http://www.asktaxguru.com/blogs/taxguru/3-what-is-best-tax-strategy-boost-economy.html