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.
You’re a savvy investor. You’ve just turned one of your rental units and are ready to place a new tenant. A friend of yours mentions how well they have done with short term rentals so you figure you’ll turn to a popular platform and give it a try. AirBnB, VRBO, and Homeaway make it extremely easy […]
Big news coming out of D.C.! I was on the BP podcast and it just released today. A link to it is provided below. I hope you enjoy and feel free to email me with questions at email@example.com.
It’s been awhile since I’ve last posted. Almost two months actually. I took a break both from writing for The Real Estate CPA and BiggerPockets mainly because business is heating up (a good thing!) and I’m trying to successfully implement my new monthly pricing model. It’s working well but has come with numerous headaches. The […]
The Section 121 exclusion is used to avoid capital gains on property that you have owner occupied. This article discusses a unique strategy allowing you to use the Section 121 exclusion while also maintaining ownership of the property.
The last thing our military clients want to worry about is taxes. In Part I of our military series, we discuss at a high level the basic tax benefits available to military members.
Real estate investing requires capital. If you don’t have much available, a ROBS might solve your problem. This article analyzes a ROBS strategy.
Placing your rentals into service quickly will allow you to maximize tax breaks. This infographic provides you with a timeline to follow.
Real estate investors can deduct their real estate start up costs when purchasing rentals. We show you which costs qualify and how to stay within the law.
Today we provide insight into the question “are home improvements tax deductible?” Determining whether an expense qualifies as a repair or improvement can be quite challenging as there is plenty of room for interpretation. This article will help clear up some of the murky rules.