Property Management News
Written by Jason Malabute, CPA As a real estate investor or professional, you know that every dollar matters. That’s why it’s important to be aware of a little-known IRS deadline that could impact your bottom line: the Refund Statute Expiration Date (RSED). This is the last day you or you can claim a refund or credit for overpaid taxes. Many investors overpay throughout the year—whether through estimated tax payments, withholding, or simply not claiming all the deductions and credits they qualify for. Unfortunately, if you don’t file a refund claim before the RSED passes, the IRS can legally deny it, even if the money is rightfully yours. In general, the RSED is three years from... Read more
When it comes to building wealth and creating a sustainable passive income stream, few investment vehicles are as rewarding as multifamily real estate. While consistent...
If you’re a multifamily investor, taxes are probably one of your biggest expenses, but they don’t have to be. The U.S. tax code is full of opportunities to...
Understanding the tax ramifications and possible ways to postpone or reduce your tax load is essential when selling real estate. The tax implications of real estate...
Uncover the tax benefits in multifamily real estate investing by utilizing depreciation deductions to reduce taxable income and mortgage interest deductions to lower...
Tax season is upon us, and understanding real estate taxes for landlords, investors, and property managers is essential. As with any business, taxes can play a big role in your long-term ROI. Understanding taxes, from 1099s to rental deductions and everything in between, is key to get the most out of your real estate business. For property managers and entrepreneurs within real estate, understanding taxes is just good business sense and will allow you to steer your owners on the right path (with the help of a CPA). Money earned through real estate investment carries less significant tax penalties when compared to general income, and savvy landlords and investors take the proper steps to... Read more
Many landlords ask, ‘is rental income taxable?’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s...
If you’re investing passively in multifamily real estate, you’re already familiar with “K-1s,” multistate filing requirements, and very likely aware of the...
Realized gain vs recognized gain is a key concept for any real estate investor. This distinction can make a big difference to your bottom line. You might think all...
Navigate tax implications in multifamily real estate effectively with strategies like cost segregation studies for accelerated depreciation, 1031 exchanges to defer...
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