Organize your real estate business transactions using this simple system, and stop dreading the task of tracking and reconciling them at year-end.
Author Brandon Hall
As a “real estate professional,” you can deduct passive losses against ordinary income on tax return without limits. Here’s what you should know!
Did you know that preparing a Schedule E & its supplemental forms takes close to 50 hours of work? See if a CPA is worth the money for your situation here.
What habits are most important in building lasting wealth? If you think it’s frugality… then check out this compelling argument AGAINST being frugal!
It’s that time of year again! Before getting caught up in the holiday festivities, make sure your tax strategy is in place. You’ll thank yourself later!
This investor started in a cubicle job, but this simple exercise changed everything. Learn to step outside of your routine & turbocharge your goals here!
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.
If your income reaches a level where it threatens to affect all the great tax benefits real estate has to offer, does that mean it’s time to scale back?
The power of investing in real estate lies in the ability to offset your income with the passive losses. So what happens when your income is too high?
There are so many unique ways entity structuring can benefit your business. Learn a great way to set up your partnership from a CPA’s point of view here!
Investors are often told that they should DEFINITELY use corporations to hold their rentals or that they should definitely NOT use them. Here’s the truth.
So you want family members to stay in your rental? Be careful! As soon as your property is seen as “personal use,” you could miss out BIG on tax deductions!
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!