by Real Estate Tax CPA | Mar 4, 2022 | CPA for Real Estate Investors
Do you have too many bank accounts or too many properties to deal with? Do you constantly have to transfer from one bank account to another to deal with property issues? Can you figure out how much profit your rentals or flips are making in real-time? Are you...
by Real Estate Tax CPA | Feb 22, 2022 | Real Estate CPA Online
First, what is an ITIN? ITIN stands for Individual Taxpayer Identification Number, and the IRS issues it. The IRS issues an ITIN to individuals who must have a USA taxpayer identification number but who don’t have one and aren’t eligible to obtain a social...
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....
