As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...
I have NO EXPERIENCE in real estate investing, but am ready to take my first step. I want to start with a multi-unit property in the DMV (DC, MD, VA) area. What are some things I should first consider? Funding? Credi...
why do some investors try to put their new STR's into service towards the end of the year when there is very little active income to offset? what is the benefit of putting a new STR into service towards the end of th...
Id love to hear from some people who flip houses and love to travel what is the best credit earn miles, from stock you buy for your flips? All of my flip money is private money so I write a check whenever I need it. I...
I will be moving to Canada later this year. I have three syndications that I'm invested in: 1 self storage and 2 MHP. I am curious what tax implications there will be as I become a Canadian resident. I know the US and...
They always say that there are only two things that are certain in life - death and taxes. However, that doesn’t mean that there aren’t strategic ways to lessen or defer your taxes! As a real estate investor, it’s cru...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
As the title says: How are you paying yourself?Do you take a flat % of what's left over?Salary plus bonuses?Or the pirate method: everything left over after the Bill's are paid is yours?Personally I find that giving m...
Using credit cards for renovation projects is a smart way to save money. By opening a new credit card before a renovation project, you can take advantage of cash back bonuses and rewards that many credit cards offer. ...