One of the perks of the real estate business is that it lends itself to many tax-avoidance strategies. Here are some of the accounting tools that have recently been in news headlines because of this unusual presidential election and that property owners often employ to turn losses into tax savings. Net Operating Losses For many… [Continue Reading]
Now that the Taxes are Done
That April 15th (or this year, April 18th) deadline looms large over many of us, causing us to put all sorts of items on our financial and business plan to-do list on hold, held in a stasis until our filing is complete. But now the taxes are hopefully behind you (expect for you extension filers).… [Continue Reading]