Aug 31 Real Estate Rentals, the Sharing Economy and Taxes
Ready to become a part of the sharing economy? If you're considering renting out your primary or vacation home, you'll want to read this post first to learn the tax rules....
Dec 22 Trending Now: Real Estate Crowdfunding
Ever hear of real estate crowdfunding? If not, maybe you should take a look. As a result of the JOBS Act, crowdfunding platforms have become available which offer options for investing in real estate. Here's what you need to know about this new investing tool...
Nov 22 How to Ruin a Like-Kind Exchange
I had a taxpayer call me about the sale of a rental property. Here's the big mistake he made that cost him big $$$ because it couldn't be structured as a 1031 exchange....
Oct 06 Can Real Estate Professionals Pay No Income Taxes (a la Donald Trump)?
This post shares an accountant's view on how Donald Trump may have carried those tax losses forward legally - and how the same strategy can be used by real estate professionals....
Aug 17 Beware of Phantom Income
The goal of any real estate investor is to ultimately turn a profit. For landlords, the figures reported on their tax returns might be totally different than monthly cash flow. If cash flow is higher than the income amounts reported on the tax returns, that...
Nov 22 Rental Income: There’s More to It than Just Collecting Rent Checks
As an owner of real estate do you know what constitutes rent? It may be more or less than you think! Here's what you need to know about the different types of rental arrangements....
Jun 08 Foreign Withholding of Income Tax on Real Estate Transactions
According to the IRS, most types of U.S. source income paid to a foreign person are subject to a withholding tax of 30 percent. This income may include earnings from real estate trade/business, passive rental income or sale of property. Read more...