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Real Estate Tax Center

Tax Tips - Real Estate
This section contains information on topics such as tax credits, rental income and expenses and the sale of your residence.

Avoiding Problems - Real Estate
This section contains important information on recordkeeping and warns you of fraudulent real estate schemes.

Trends and Statistics - Real Estate
This site provides industry specific and general survey results that should be of interest to the small business owner.

Audit Technique Guides - Real Estate
The IRS Market Segment Specialization Program (MSSP) publishes various guides for use by IRS employees conducting audits and as information for taxpayers and practitioners.

Financial Resources - Real Estate
This section provides you with direct links to many commonly used financial resources for small businesses.

Tips on Rental Real Estate Income, Deductions and Recordkeeping
Questions and answers pertaining to rental real estate tax issues.

Reporting and Paying Tax on U.S. Real Property Interests
The disposition of a U.S. real property interest by a foreign person (transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States for the first time to tax foreign persons on disposition of U.S. Real Property Interests (USRPI).

Income Verification Express Service (IVES)
The Income Verification Express Service (IVES) provides two-business day processing and delivery of tax return transcripts. The new service replaces the existing process that required manual pick-up and delivery of transcripts from the IRS Return and Income Verification Services (RAIVS) units located across the country.

General Information for Businesses

Tax Information for All Small Businesses
This section provides general small business information useful in all industries and professions. It includes links to small business products, employment taxes, electronic filing and paying, taxpayer burden reduction, abusive tax avoidance transactions, and many other topics.

Worker Classification (Independent Contractors vs. Employees)
Are you or your help independent consultants or employees? Before you can know how to treat payments you make for services, you must first know the business relationship that exists between you and the person performing the services.

Page Last Reviewed or Updated: 03-Mar-2014