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Property Values in Maryland Increased Following SDAT’s 2019 Reassessment

Each county in Maryland is divided into three assessment areas; every year, one of these areas is assessed by the Maryland State Department of Assessments and Taxation (SDAT) to determine the value of the properties within that area or group.…
QBI Deductions and Your Real Estate Investments
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QBI Deductions and Your Real Estate Investments

QBI Deductions: A Closer Look As of January 1, 2018, the Tax Cuts and Jobs Act (TCJA) introduced a new business income deduction provision, Section 199A: Qualified Business Income Deductions (QBI). According to the IRS, the new code “provides…