You Can Save Thousands On Your Short-Term Rental Taxes By “Accelerating” Depreciation
There are plenty of ways to lower your tax bill, but STRs have a secret sauce that you can take advantage of. Here's what you need to know.
Author
Brandon Hall
Everything You Need To Know About Tracking Passive Activity Losses Using Form 8582
Accurately tracking your passive activity can help save you money at tax time.
Do Short-Term Rental Hosts Have a Bigger Tax Burden? Here’s What to Know
Short-term stays using popular rental services like Airbnb are quickly becoming the norm. But being a host can change your tax liability? If investors are not careful, they may end…
What Is Cash-On-Cash Return & How To Calculate It
Real estate investors can use cash-on-cash return to quickly evaluate a property's potential. However, this metric still has flaws. Learn more here.
Renting to Your Family Members? Don’t Fall for the ‘Personal Use’ Trap!
So you want family and friends to stay in your rental? Be careful! Renting to family members could designate your property as "personal use"—and you could miss out on vital…
Sorry, But Investing in Rentals Won’t Build Massive Wealth. THIS Will.
If you want to generate massive wealth in a relatively short amount of time, owning rental properties will not be your primary driver of such growth. Let me explain why…
What Being a CPA Has Taught Me About Becoming a Millionaire
Being a CPA has allowed me to peer into the financial lives of many successful real estate investors. Though I’m not a millionaire myself, I’ve identified habits, mindsets, and logic…
Looking to Invest Out of State? Here’s How to Pick and Analyze a City
Want to invest remotely? Better do your due diligence! Learn exactly how to best analyze and choose a city for maximum cash flow here.
Accounting Practices for LLCs: What Every Real Estate Investor Should Know
Thinking about setting an LLC up for your real estate business? The accounting is an essential part of a successful LLC. It needs to be done, and it needs to…
4 Tax Strategies Smart Investors Consider Implementing at Year-End
With the new year right around the corner, most people are thinking about sipping spiked eggnog—but smart real estate investors are also finalizing their tax strategies. Read on for last-minute…
How Much Is Your Time Worth? Here’s How to Calculate It (& Up Your Value!)
More than anything else, your time is valuable. So how do you know if tasks are worthy of your most precious asset? Find out how to calculate it here!
Does a 401(k) Make Sense, or Should I Invest Those Funds Elsewhere?
You've probably heard that 401(k)s are a great way to prepare for retirement—but are they REALLY? Investigate the numbers here (you may be surprised)!
Investing NOW So You Can Have the Lifestyle You Want LATER? You’re Doing it Wrong.
Are you working hard now so that eventually you can live the life you want? Here's how you can start living that life TODAY, supported by your investments.
