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Business Partner Magazine

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What are the tax benefits of a home equity line of credit?

November 28, 2019 by BPM Team

tax benefits of home equity line of credit

The following article was originally published on figure.com on 3/7/19. If home improvements are part of your 2019 plan, you may be surprised to hear that you can still deduct interest on home equity loans and lines of credit. Although tax laws have changed in recent years, … [Read more...]

The Pros and Cons of Investing in Rental Properties

September 28, 2019 by BPM Team

rental property - brown sofa and wooden table in room

Whether you’re a brand new empty-nester or you’ve recently decided to upgrade from your starter home, you may have considered making your house a rental property. You may have even thought about buying additional properties to create a diversified rental portfolio. After all, … [Read more...]

4 Strategies to Make Your Tax Preparation Easier

August 21, 2019 by BPM Team

Person holding a black pen – tax written in notebook

The tax season is here. The tax season is the period when business owners and general taxpayers engage in a race against time. It can be stressful and frustrating. To save yourself from the mad rush that comes with preparing and filing tax documents, you need specific strategies. … [Read more...]

8 Money-Saving Tax Tips for Small Business Owners

August 5, 2019 by BPM Team

Tax concept with coins

Whether you are an existing taxpayer or are starting now, good income tax preparation is the key to saving more money from your income. With proper tax planning, you can make the right investments to enjoy tax benefits under various Income Tax Act sections. Moreover, you can also … [Read more...]

3 Crucial Components of Being a Landlord

May 30, 2019 by BPM Team

Open palm with keys on it

Image source: Pixabay.com A landlord is, essentially, someone who owns land or property and rents or leases it out to another person. It can be an incredibly rewarding experience in a number of ways. It is financially beneficial in the sense that the rent money provides a … [Read more...]

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