WELCOME TO ACCOUNTDIRECTORY.COM
AccountDirectory.com is an account directory including accounting associations, auditing, bookkeeping, forensic accountant, payroll services, money market account, accounting help, tax accounting and useful information on this site.
Home  |  About

Archive for the ‘Real Estate Calculators’ Category

Coral Gables Real Estate Is On Track To Outsell 2009

Thursday, January 6th, 2011

Just taking a quick look at my Coral Gables numbers this morning I noticed that the Gables has already had 96 single family homes to sell so far in 2010. This is 24 more sales than we had during the same time period of 2009, and 21 more sales than we had in 2008.

The reason for the increase in sales does not seem to be a result of lower prices, at least not in Coral Gables. The “price per square foot” figure only fell $4.00 from the first quarter of 2009 to the first quarter of 2010. The reason is likely due to lower mortgage rates and general consumer confidence.

Other interesting figures: The average sale price for a home in Coral Gables during the first quarter of 2010 was $1,002,672 and the median was $645,000.

.Reference resource: Click Here.

Capital Gains Tax On Real Estate 2011

Wednesday, January 5th, 2011

Do you know how to calculate capital gains tax on real estate 2011 as investment property and seek for CGT calculator? Yes, calculating capital gains tax (CTG) is essential to do because it is part of income tax. Yes, CGT comes from business or financial activity such selling real estates, share or fund investments. In fact, CGT assets can be divided into three forms: collectable, personal use assets and other assets.

Generally, real estate is subject to same capital gains tax, CGT rules. It is made on your main residence when you enter into contract for disposal, when change of ownership occurs or the asset is compulsorily acquired by an entity.

So how much is capital gains tax on real estate 2011? Not all of your long-term capital gains are taxed at 15%. The rate depends on income-tax bracket, the type of asset you sold, how long you held it and when you sold the real estate. For real estate, owned as investment, property owners hold property for more than one year and real estate investment trust (REIT) investors are in range of 25% income-tax bracket.

.Reference resource: Click Here.