Blog

2 men collaborating at table
20
Feb

Beneficial Ownership Information for your Legal Entity

If you are a real estate investor, chances are good you have at least one LLC that you are conducting business out of. Most of the REIs I know have MANY LLCs they are using to hold real estate. If either of these statements apply to you, then you will want to make sure you...
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Us Tax Forms 2022 11 16 15 05 18 Utc
06
Nov

1099 Reporting

1099s are informational tax forms required by the IRS. They are used to report various types of income or payments made to individuals or entities who are not employees. For real estate investors, most often this refers to payments made to contractors with cash or check (including Zelle and ACH). Other common transactions require real...
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Bookkeeping Accounting Concept 2022 12 15 23 07 01 Utc
30
Jun

Open Letter to Potential New Customers

If you are reading this, you may be thinking about reaching out to learn more about my services.  Just so you know, I’m always up for talking to other real estate investors and learning from their experience.  Even if you don’t end up hiring us for your real estate bookkeeping needs, I’m always willing to...
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The Financiers Are Calculating Personal Taxes For 2023 03 17 18 25 52 Utc (2)
08
May

Duplex investing: 5 Tax and Accounting Tips for Owner Occupied Multifamily Properties

Whether you are investing in your first duplex, or own a large portfolio of small multifamily properties, you should always have tax plan in place.  One of the biggest payoffs to owning real estate are the tax benefits that come with rental property ownership.  Most new investors, and many experienced ones as well, don’t fully...
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