From http://myrealty.com How do you accumulate wealth? Don’t let the government take 25% of your earnings! Keep all your capital gains with the 1031 exchange. (The IRS doesn’t do much to promote this part of the tax code.)
Today we speak with David Greenberger, THE 1031 Exchange expert of http://1031exchangeadvantage.com.
Duration : 0:10:37
Curious about tax regulations? Property rental sale tax law questions? Well guide you through your free federal return with only a few simple questions! Do your own analysis- see why our program is favored by our users. File your United States federal income taxes with us.
Duration : 0:1:9
File your internal revenue service tax refunds with our free standard software! Need a calculator? Have questions about your IRA, income tax or want to know the latest government IRS news? File your federal return free, with our 100 accuracy guarantee. We also offer a 100 accuracy guarantee- so you know the IRS is getting the right information from you.
Duration : 0:1:25
940 rosemont Ave,Price Hill Ohio in Cincinnati.This is a 6 unit building that needs tons of work.The home would make a great cash flow property.Don’t miss out on this great investment property.Join my buyer’s list and get first shot at upcoming deals. http://royseinvestments.com
Duration : 0:9:56
Hey $hane Royse here to show you how to make money in this down market.Let’s do deals and split the profit!!!!$$$!!!$ I have some many deals,help me sell them and make money too.Go to my website and join the money madness!!!$$$!!
http://royseinvestments.com
Duration : 0:2:5
THIS WILL CHANGE YOUR RETIREMENT
For those among you who have more money than you will ever need, save
your time and delete this email.
For the rest of us who are still working with mortgages, children and
grandchildren or retired living on a pension and or Social Security
perhaps you will take a couple of minutes to read the proposed changes
in the American tax system.
Sharing this email with others can make a difference on November 4,
2008; for our citizens and our country.
INTERESTING DATA ON TAXES
This is something you should be aware of so you don’t get blind-sided.
This is really going to catch a lot of families off guard. It should
make you worry (and put lie to Obama’s claim that 95% of the
population will receive a tax cut).
Proposed changes in taxes after 2008 General election:
CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000 per home (couples) McCain does not
propose any change in existing home sales income tax.
OBAMA
28% on profit from ALL home sales
How does this affect you? If you sell your home and make a profit,
you will pay 28% of your gain on taxes. If you are heading toward
retirement and
would like to down-size your home or move into a retirement community,
28% of the money you make from your home will go to taxes. This
proposal will
adversely affect the elderly who are counting on the income from their
homes as part of their retirement income.
DIVIDEND TAX
MCCAIN 15% (no change)
OBAMA 39.6%
How will this affect you? If you have any money invested in stock
market, IRA, mutual funds, college funds, life insurance, retirement
accounts, or anything that pays or reinvests dividends, you will now
be paying nearly 40% of the money earned on taxes if Obama become
president. The experts predict that higher tax rates on dividends and
capital gains would crash the stock market yet do absolutely nothing
to cut the deficit.
INCOME TAX
MCCAIN (no changes)
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250
OBAMA
(Reversion to pre-Bush tax cuts)
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750
Under Obama your taxes will more than double! How does this affect
you? No explanation needed. This is pretty straight forward.
INHERITANCE TAX
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
How does this affect you? Many families have lost businesses, farms
and ranches, and homes that have been in their families for
generations because they could not afford the inheritance tax. Those
willing their assets to loved ones will not only lose them to these
taxes.
NEW TAXES BEING PROPOSED BY OBAMA
* New government taxes proposed on homes that are more than 2400
square feet
* New gasoline taxes (as if gas weren’t high enough already)
* New taxes on natural resources consumption (heating gas, water,
electricity)
* New taxes on retirement accounts and last but not least….
* New taxes to pay for socialized medicine so we can receive the same
level of medical care as other third-world countries!!!
Thank You
blicksflicks a.k.a. THE POWERSHAKER
YouTube Junky
Join the Revolution
Shaker Weekly, LLC
powershaker@mac.com
www.powershaker.net
Duration : 0:9:39
U. S. Capital Gains law will change in Jan 2009 regarding last 2 of 5 year IRS treatment of gain. Prop 8 relief appeal is available for this year until Dec 1, 2008
Duration : 0:2:19
John McCain’s August 31st 2008 interview on Fox News Sunday with Chris Wallace.
John McCain contrasts his low tax approach to the Obama tax and spend approach. McCain explains how his low tax plan will grow the economy compared to how Obama’s high tax plan, whether it’s on the rich or not, will (in my opinion, not McCain’s) weaken the economy and possibly push us into a small depression.
The choice is clear, do you want an inexperienced tax and spend liberal who will grow government until it is involved in every aspect of your life, or do you want a low tax, small government president who still believes that the government needs to stay out of the way of the American people and let the freedom and dignity of the individual continue to make this country the greatest country in history.
WALLACE: Senator, I want to turn to the Democratic Convention. First of all, did you watch much of it?
MCCAIN: I didn’t, much, really, because I was traveling a lot.
WALLACE: You won’t be surprised, your ears would have been burning, because they were going after you pretty good.
MCCAIN: Yes, I heard that.
WALLACE: I want to give you this first chance to respond to it directly. Senator Obama, in his acceptance speech, quoted you with saying that the fundamentals of the economy are strong, that it has made great progress under President Bush. And then he said this.
(BEGIN VIDEO CLIP)
SEN. BARACK OBAMA, D-ILL.: It’s not because John McCain doesn’t care. It’s because John McCain doesn’t get it.
(END VIDEO CLIP)
MCCAIN: I know and understand, and I did watch excerpts from Senator Obama’s speech. As we all expected, he gave a great speech. I even heard that some members of the media were cheering.
But anyway, the — but I knew he would. And he’s a very gifted speaker, and I admire and respect what he has accomplished.
Look, I’ve said for a long time, America is in trouble. As I’ve been talking all across America, including the heartland, these are tough, tough times, and we need changes.
Now, what Senator Obama wants to do is raise people’s taxes, wants to basically sort of redistribute the wealth. I want to keep everybody’s taxes low, and I want everybody rich.
Just like Cindy’s dad, who came home from World War II, an Air Force person with a Distinguished Flying Cross that sold his car to start a business and became very, very successful. I want Americans to have lower taxes. You’ll see us states right now…
WALLACE: Let me…
MCCAIN: You’ll see states right now with a bad economy that raised taxes and it made their economy worse.
WALLACE: But…
MCCAIN: He wants to raise taxes.
WALLACE: But, if I may, Senator…
MCCAIN: Yes, sure.
WALLACE: … the Democrats pointed out at the convention that you have voted 17 times against raising the minimum wage. They say the only reason you voted for it in 2007 was because it was linked to war funding.
MCCAIN: Well, the point is that I have voted to keep taxes low and to cut taxes. And Senator Obama has voted to raise them consistently.
WALLACE: But why have you been (ph) against the minimum wage?
MCCAIN: Even on people as low as $42,000. I’m for the minimum wage increases when they are not attached to other big-spending pork barrel. The practice in Washington is attach a good thing to a bad thing. And that way, then you have to vote yes or no.
The energy bill, the energy bill had a lot of good things in it, and it billions of dollars of pork and good deals for the oil companies. Senator Obama voted for it. I voted against it, because we’ve got to start giving people a straight choice.
Now, you watch this September. Harry Reid will say, OK, we’ll let you vote on offshore drilling…
WALLACE: Senate Democratic leader.
MCCAIN: Yes. The Senate Democratic leader will say, well, let’s vote on offshore drilling, but you’ve got to have A, B, C, D and E. You can’t just have a straight up or down vote.
When I’m president, I’m going to veto every bill that doesn’t have straight up or down votes on the issues that are important to the American people.
WALLACE: So, you would have been for…
MCCAIN: I’m certainly…
WALLACE: … alone (ph), after the increases in the…
MCCAIN: Look, I’m certainly…
WALLACE: … minimum wage, even though you voted against it, I said 17, it was actually 19 times?
MCCAIN: Well, or 29 or 49, whatever it is. The fact is that I am for a living wage for all Americans. And I’d like to see them get it. But the key is to get them jobs, and get them the kind of good educational opportunity and affordable health care.
So, I am committed, and my record clearly shows that I’ve done everything I can to keep their taxes low, to get them available and affordable health insurance, and to secure a good education…
Duration : 0:3:37
