As with any significant transaction, the sale of rental real estate will have income-tax consequences you’ll want to understand ahead of time. It’s good to have a real estate CPA on your side when navigating this sale. Although much will depend on the details of your specific situation, here are some key concepts to keep […]
Archives for January 2018
How to Improve Cash Flow For Your Business
Slow paying customers, seasonal revenue variations, an unexpected downturn in sales, higher expenses — any number of business conditions can contribute to a cash flow crunch. If you own a small business, you may find the suggestions that follow helpful in minimizing cash flow problems. Billing and collections Your employees need to work with clear […]
What are the Tax Advantages of Being a Landlord?
Owning rental property can bring in extra income, but it’s not without its downsides. If the furnace breaks or a pipe bursts, you can be sure you’ll get the call — sometimes in the middle of the night. But for all the hassles being a landlord can bring, there are some bright spots. One of […]