How to Invest in Real Estate with Your Retirement Funds – Part II

Oct 26, 2017

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 […]

How to Invest in Real Estate With Your Retirement Funds – Part I

Oct 19, 2017

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, […]

flipping

Are Your Flips Subject To Self Employment Taxes?

Sep 21, 2017

House flipping can be one of the most profitable and popular forms of real estate investing. There’s a reason why flips are one of the most popular genres of TV. According to a recent report by ATTOM Data Solutions, the percentage of house sales that were flips doubled between 2015 and 2016, and was at […]

Above the Clouds

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 […]

Successful businessman at the office leading a group

Top Ten Tax Deductions for Landlords

Jun 19, 2017

Real estate investors are always asking what expenses landlords can deduct. Because the answer to that question can quite literally be endless, we often tell our clients to record everything. For those expenses that our clients are unsure about, we ask them to create an “ask my accountant” category or account in their bookkeeping solution which […]

May 179d-min

179D: Energy Efficient Upgrades for Tax Deductions

Jun 2, 2017

Anyone who owns property wants to shell out as little to the IRS as possible come tax time. Do you also want to go a little green? Maybe reduce your month to month energy costs too (always, right)? The 179D tax deduction was made for you! Here, the real estate tax experts at The Real […]

Accountants desk with pen and bank book. selective focus.

Top Ten Tax Mistakes Real Estate Investors Make

May 20, 2017

The tax code is so darn complicated that mistakes are bound to happen. In most cases, folks who are using big box software brands to self-prepare their tax returns feel that the software adequately meets their needs. But boy do things change once one enters the world of alternative asset investing, especially when it comes to […]

real estate passive losses gold

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. 

Taxes on vacation rentals

Avoiding Tax Traps on Short Term Rentals

Oct 20, 2016

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 […]