With Real Estate You’re Bound To Be Sued At Some Point, Get Protected

Jun 6, 2018

Over at Royal Legal, we talk a great deal about asset protection. Investors can face a large amount of exposure in terms of litigation. But there are a number of methods that we encourage our clients to implement in order to insulate both their assets from litigation and themselves from litigation against their assets. Many […]

How to Make Your Assets Judgement-Proof in a Lawsuit

Jun 4, 2018

When people ask us “how do I protect my assets?” we have to tell them the truth. Anything that you own is vulnerable. That sounds harsh, but it’s a fact. Nonetheless, there are super-rich people out there that ostensibly own billions of dollars in assets. They have net worths into seven, eight, and nine figures. […]

Why Recordkeeping is Essential for Landlords

Sep 7, 2017

While important for most industries, record keeping for landlords is absolutely critical—among other things, it can keep you out of a major legal snafu! Here, on behalf of The Real Estate CPA, I provide reasons why keeping records is so essential for landlords. Before learning more about the importance of record keeping, you should probably […]

When Is It Appropriate To Hire A Property Management Company

Aug 16, 2017

At some point in your investing career, as you continue to build your portfolio, you will likely need to hire professional help to maintain and manage your properties. Such professional help is often called “property management.” Today I’m going to walk you through considerations on the timing of hiring a property management company. This is […]

It’s not personal, it’s business- Maximizing Your Business Travel Deductions

Jul 20, 2017

Who wouldn’t want their travel to be tax-deductible? Here’s the basics of the rule: If your trip is primarily for your business, then it is tax-deductible. If it’s not primarily for your business, it’s not tax-deductible. Sorry, but unfortunately your personal trips are not tax-deductible for your real estate business. Well, like we said, if […]

Strategies to Use Suspended Passive Losses from Rental Real Estate

Feb 19, 2017

If you have a rental portfolio, there’s a good chance that you have passive losses. If you’re above a certain income threshold, you likely have suspended passive losses. And if you’re not using a CPA well-versed in real estate taxation, you’ve probably been told that there’s nothing you can do about these suspended passive losses. 

2017 Guide to Upgrading Your Accounting System

Jan 13, 2017

We’re a week into 2017 which means you’ve thought about or already set your New Year’s resolutions. Because you are in the business or real estate industry, you’ve likely heard, and potentially subscribed to, the fact that many New Year’s resolutions fall flat. Today I’m going to help you set in motion changes to your […]

How to Analyze a New Market for Your Rental Property Investing

Nov 5, 2016

The best perk about being comfortable with investing in rental properties at a distance is that you can easily analyze new markets without ever leaving your seat. Or beach chair if that’s more your thing. On top of that, you can connect with agents, place offers, and go under contract before you even see the […]