You can view the corresponding infographic by clicking here. LLCs: Should you, shouldn’t you, when is best, what will its formation do for you—these are just a few of the questions real estate investors have when I broach the subject of forming an LLC, or limited liability company. To make things a bit easier, I’ve […]
You can view the corresponding infographic by clicking here. Once upon a time, the BRRRR Method was the end-all-be-all way of maximizing your real estate buying power. But now, a new and more effective addition has been made to this method: the introduction of the “A,” which stands for advertising. Now, using the BARRRR Method, you […]
If you work with us, you know we’re a tech heavy firm. Actually, we’re a tech only firm. We don’t believe in paper based workflows. As Kevin Smith, an Accounting Wizard at our firm says “people are inefficient, I’d rather manage technology.”
On 12/22/2017, President Donald Trump signed the much talked about GOP tax bill into law.
Investors dive into real estate for a variety of reasons. Some want to build wealth and others want to hold a tangible asset. Most investors agree that, while supplemental, they invest in real estate to reduce their tax burden.
Everybody wants to make a profit, and real estate investors are no different. Although in order to really make a profit, you have to know all the true costs and benefits that impact your bottom line - and time is money, right? Money is easy to calculate as a cost, but time is one of […]
Short-Term Rental Entrepreneurs- we have some great news for you: The recent GOP Tax legislation has resulted in two tax benefits for your operation, in addition to the laundry list of benefits seen by all types of landlords. The benefits are: 100% business expensing 25 year depreciation on non-residential property Let’s delve a bit further […]
You can view the corresponding infographic by clicking here. There are several easy, it-would-be-a-crime-to-miss-‘em tax deductions that every real estate investor should know about. What are they? I’ve got them all right here for you, all your tried-and-true tax deductions you won’t want to forget come tax time. Home Office Deduction Home offices not only make […]
This is a guest post from our friends over at Sense Financial. You can check them out here: https://www.sensefinancial.com/ See Part I here: https://www.therealestatecpa.com/2017/10/19/invest-real-estate-retirement-funds/ “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid in full, and managed with reasonable care, it is about the safest investment in the […]
This is a guest post from our friends over at Sense Financial. You can check them out here: https://www.sensefinancial.com/ “Don’t wait to buy real estate. Buy real estate and wait.” ~ Will Rogers, Actor As an asset class, real estate enjoys a history unlike any other modern investments, dating back centuries. In the good old times, […]