by Real Estate Tax CPA | Feb 8, 2022 | CPA for Real Estate Investors
Cost segregation (or sometimes just ‘Cost Seg’) is a strategy to defer taxes. It does that by frontloading the depreciation deduction for real estate in the early years of ownership. How does the Cost Segregation Study do that? The cost seg study breaks...
by Real Estate Tax CPA | Feb 6, 2022 | CPA for Real Estate Investors
Well, it depends. There is not an answer that will work for everybody. Usually, the framework for this starts with cash flow vs. appreciation. Then the analysis gets more granular and includes things like growing populations, job growth, diverse economies, property...
by Real Estate Tax CPA | Jan 31, 2022 | IRS CPA Help, IRS Penalties
The IRS sometimes requires Form 433-F to determine a taxpayer’s eligibility for specific installment agreements. If you qualify for a streamlined installment agreement with the IRS you won’t have to submit Form 433-F to have your payment plan accepted....
by Real Estate Tax CPA | Jan 27, 2022 | CPA for Real Estate Investors
Audit Defense A good set of accounting records is necessary if you ever get selected for a tax audit. Therefore, it’s important to at least get some of the basics down in real estate accounting. Accounting Methods First, you’ll need to choose an accounting...
by Real Estate Tax CPA | Jan 25, 2022 | CPA for Real Estate Investors
The debt-service coverage ratio (DSCR) loan is a common type of debt in real estate. In short, it’s a measure of cash flow available to pay current debt obligations. One of the main benefits of a DSCR loan is that personal income calculations (think managing...
