Evan KirkpatrickJun 222 minIs Your Real Estate a Business?People get into real estate for a variety of reasons. Consistently, though, I see these break down into one of two major categories: Peop...
Evan KirkpatrickJun 172 minSave Money with DepreciationA lot of accounting for small businesses is straightforward. Most people who run a business understand how to keep track of cash, account...
Evan KirkpatrickFeb 13, 20192 minGetting The Discount for Your Rental Real Estate Business (SEC. 199A for Rental Real Estate)The Tax Cuts and Jobs Act (also known as the Trump tax reform) implemented Internal Revenue Code Section 199A, which offers a deduction o...
Evan KirkpatrickJul 3, 20181 minReal Real Estate Business?A court rules that a taxpayer wasn’t in the business of flipping houses, so he couldn’t deduct expenses. The U.S. Tax Court has determine...
