DEPRECIATION. An Imaginary Expense.

THIS ILLUSION IS ITS OWN MAGIC TRICK. NOW YOU SEE IT. NOW YOU DON’T!

Meet Jack.  Jack is an investor.  He has been doing this a while.  He likes rental properties and has a lot of them.  Continue reading

A Crazy Little Thing Called… FIRPTA. By Jen Hudson

You’re telling me there is a chance that the buyer pays the seller’s taxes???  How is that???  Continue reading

A Tax Code Bedtime Story.

Did you know that Section 1031 is a section of our tax code?  It’s designed to defer taxes on a like-kind exchange.

Wait (…. narrator comes to a screeching halt).  Tax code isn’t very sexy.  Let me try again.

Let’s start with a story.  My limited understanding of Thor goes something like this.  Once upon a time…. Continue reading

VIDEO – ONLY 3 THINGS YOU NEED TO KNOW

THE ONLY 3 THINGS YOU NEED TO KNOW IN REAL ESTATE INVESTING.

No really, there are actually only 3 things you need to know in real estate investing, or any other type of investment for that matter! Continue reading

1031 Exchanges That Don’t Work

Tax Deferred Exchange Tips for the Real Estate Professional, courtesy of Kevin Hummel, McFerran & Burns, PS.

 Exchanges That Don’t Work

I really enjoy being positive and creative. It is absolutely exiting to help people find new solutions to their capital gains challenges, but sometimes I have to be the bearer of bad news. Sometimes I just have to give you the information you did not want to hear. Continue reading