by William Anderson | Sep 5, 2023 | Short term rental, Taxes
Thinking of renting your property through one of the online sites including Airbnb and VRBO? Did you know that they report all income they pay you to the IRS? There is simply no way to run your income under the radar unless you rent it yourself without...
by William Anderson | Nov 5, 2022 | Finances, Financial Leverage, Investment Property, Taxes
Are Selling your investment property or real estate asset now and want to avoid/defer paying income taxes on all that profit? Thanks to the tax code, there is a legal way to push that issue down the road. Select another property to buy and have the profits from your...
by William Anderson | Nov 3, 2022 | Finances, Property Manager, Taxes
Did you pay an independent contractor more than $600 this tax year? If so, you may be legally required to file a Form 1099-MISC—and it’s critical that you get their Social Security Number or Federal Tax ID before tax season rolls around. No ID number? No tax...