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 independent contractors more than $600 in a tax year? You better get that social security number or federal tax ID number. No ID number, no tax deduction. Don’t get sideways with the IRS, they can be brutal. The last thing you need is an audit that...