Everyone discusses the tax benefits that come about from owning real estate, but what are they really? Are they overblown? Understated? Or are there avenues out there that you haven’t even considered yet?
Adam Schroeder and Zach Lemaster talk with Brandon Hall, a real estate CPA, about what to make sure your CPA is doing with your taxes, strategies you can implement to make sure you’re getting every available benefit, and how to offset active income WITHOUT being a real estate professional. Hall CPA PLLC
Watch the FULL video here: https://youtu.be/mcxg2o79w8Q
Hall CPA PLLC
Real Estate CPAs and advisors helping clients reduce taxes and streamline real estate ventures. Dis
The Real Estate CPA™ is owned by Hall CPA PLLC and was created to better identify with and service real estate investors and business owners. We only take on clients that are in the real estate industry which gives us an edge on the competition. With The Real Estate CPA™, you will receive financial, accounting, and tax expertise to enrich your real estate portfolio and business.
Hey, if you're looking for a CPA, our firm Hall CPA PLLC provides tax planning, tax preparation, and accounting services to real estate investors and business owners in all 50 states.
We tend to work best with clients who have an existing portfolio and have the budget to spend $4,500 - $10,000+ on accounting services per year.
To learn more about how we work, check out this link: https://www.therealestatecpa.com/what-we-do
And if you're ready to become a client, complete this brief form using this link and our team will follow up to schedule an initial consultation or with alternative solutions: https://www.therealestatecpa.com/become-client
Thank you for your interest and we look forward to working with you.
01/26/2022
We’re excited to announce we're launching a new a 2-week Tax Smart Bookkeeping Bootcamp starting on February 7th, 2022!
Our very own Senior Accounting Advisor, Kristina Mueller will cover setting up your QuickBooks Online (QBO) account using a chart of accounts designed for landlords, capturing and automating routine transactions, class tracking, receipt management, running reports, and so much more!
By the end of this Bootcamp, you'll have a streamlined bookkeeping system built for your rental business. And that's critically important because it allows you to improve cash flow, ensures you don't miss out on tax deductions, and makes tax filing a breeze.
The investment is $597 and the Bootcamp will consist of 6 easy to learn sessions held over 2 weeks...AND of course, weekly live Q&As!
However, we are running a Founders Special where you can register for the Bootcamp for only $297 (that's 50% off!)
This is special ONLY available today through this Friday, January 28th!
Drop a comment below if interested and we'll DM you the discount code today 👇
https://buff.ly/349WLAI
Checkout - QBO Bookkeeping Bootcamp for Real Estate Investors
Short-term rentals provide immediate tax benefits but focusing on tax alone will not make it a good investment. Learn how you can successfully run your short-term rental with these tips.
As a real estate investor, you don't need to go through the process of getting the real estate professional status or invest in long-term rentals to recategorize passive losses into non-passive. Here's how short-term rentals can help you:
12/08/2021
"If you don't have the right insurance for your rental property, it can result in you losing your personal funds and business and ending your real estate investing career."
Real Estate Investors | Tax Consultants | Tax & Accounting Services At Real Estate CPA we help real estate investors save thousands of dollars in taxes with our customized strategies. Schedule your appointment today at (202) 455-8584.
12/07/2021
"If you feel like rental properties are something you want to invest in, you need to pick the right units to sink money into."
Real Estate Investors | Tax Consultants | Tax & Accounting Services At Real Estate CPA we help real estate investors save thousands of dollars in taxes with our customized strategies. Schedule your appointment today at (202) 455-8584.
Are you a limited partner jumping into your first deal or partnership?
Here are the important things to consider when reviewing an operating agreement or making a decision to invest with a sponsor or general partner:
1. Reach out to your personal CPA or CPA in that industry to dissect the tax components of the operating agreement before you sign it.
2. Even if you’re joining a deal with friends or current business partners, it’s important to read the operating agreement as an LP investor. Every operating agreement is different, even among a family of entities.
3. When you’re reading that operating agreement, it’s important to know when your original capital contribution will be returned. This could be a specific date (4 years after the property is acquired, once the funds reach a certain internal rate of return when the property is sold, refinanced, the partnership terminates).
4. Look for any additional capital calls. It’s possible that additional funds are needed throughout the life of the partnership. As an investor, you should know if and when you’ll be responsible for contributing additional money.
To learn more about operating agreements, listen to our podcast where Thomas is joined by Kaylyn Deaver, CPA, a Tax Manager here at The Real Estate CPA:
https://buff.ly/3h6jS3p
https://buff.ly/3w4QvT5
07/05/2021
The operating agreement is the legal backbone of your entity.
It has a few sections that are relied on heavily for tax purposes.
If you are starting a partnership from scratch, reach out to a CPA as soon as you make connections with an attorney.
While attorneys focus heavily on the legal jargon you need a CPA to assist with the tax language.
The tax code is complex.
It takes multiple eyes and brains to put together an operating agreement.
To learn more about the tax components of operating agreements, listen to our podcast where Thomas is joined by Kaylyn Deaver, CPA, a Tax Manager here at The Real Estate CPA:
https://buff.ly/3h6jS3p
https://buff.ly/3w4QvT5
06/24/2021
"Great accountants can be more valuable than you might realize. These people can save you much more money, and within the long term, they will very easily maintain the expenses these people incur for the business."
Know more about why you should hire a real estate accountant through our blog:
Why You Need a Real Estate Accountant Most real estate investors (both new and experienced) have a hard time choosing the best accountant.
06/23/2021
"Real estate is a specialized industry where tax burdens often determine the profit margin and long-term solvency of an investment strategy."
Four Scenarios Where a Real Estate CPA Comes In Handy At Real Estate CPA, we excel in helping our customers with tax strategy and structuring and tax compliance.
Click here to claim your Sponsored Listing.
Our Story
Your source for all things Real Estate Accounting & Tax!
Discover how we help our clients save thousands in taxes, automate their accounting process, and grow their businesses at www.TheRealEstateCPA.com
Location
Category
Contact the business
Telephone
Website
Address
Opening Hours
| Monday | 8am - 5pm |
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |