by Pedro Gonzalez, CPA | Feb 13, 2017 | Real Estate, Real Estate Investing
Our tax law puts your income and deductions into three separate buckets for tax purposes. Each bucket has its own rules and regulations. These are the three buckets: 1. Passive 2. Portfolio 3. Active A real estate rental is automatically in the passive bucket if...
by Pedro Gonzalez, CPA | Dec 30, 2016 | Tax Strategies
The 2016 tax season brings new due dates that will impact nearly all filers, mainly because of changes related to legislation Congress passed. The due date changes with the most impact will likely be those changes for Partnership tax returns (Form 1065) and C...
by Pedro Gonzalez, CPA | Dec 9, 2016 | Real Estate Investing, Tax Strategies
Your building, whether it’s rental property or your office, likely can put more cash in your pocket if you act. You can do this right now—with a building you already own, a building you plan on buying, or a building you are renovating. In this article, we show you...