Advise RE Blog – Latest Posts

Filing real estate taxes can be complex due to the myriad of deductions and regulations involved. Often, real estate investors make errors that can result in overpayment, underpayment, or even an audit. Here are common mistakes...

Filing real estate income tax returns can be a complex process due to the intricate nature of real estate taxation laws. However, with a strategic approach and careful preparation, you can navigate this task more effectively....

Tax planning is an essential component of personal finance that all individuals should understand. Simply put, it's the analysis of a financial situation or plan from a tax perspective. The goal of tax planning is to ensure tax...

Effective tax planning is crucial for businesses of all sizes. By adopting appropriate strategies, businesses can minimize their tax liability, increase their cash flow, and, consequently, enhance profitability. This article outlines the essential tax planning...

Navigating the complex terrain of the United States tax system is no small task. A solid understanding of tax deductions and credits can significantly reduce your tax liability. This article delves into commonly claimed...

While retirement offers a time to enjoy the fruits of one's labor, navigating the tax landscape can be complex. Adequate tax planning is crucial to ensuring a comfortable retirement. This article aims to guide you through the basics of tax planning for retirement....

Estate planning is a critical aspect of personal wealth management. By planning ahead, you can ensure your assets are distributed according to your wishes while minimizing potential tax liabilities. This comprehensive guide will focus on estate tax planning...

In the intricate world of finance and business, Certified Public Accountants (CPAs) play a vital role. These financial professionals not only oversee financial operations for organizations but also contribute to strategic...

When buying business real estate—for your own occupancy or for rental to others— you should take steps that maximize the income tax depreciation deductions that you can claim for the property. Here are a few suggestions. Separating improvements from land Not all of...

In Episode 2 of this series, I’ll chat a little bit about the detailed mechanics of the 1031 exchange. You can read episode 1

For the next few weeks, I’ll spend a little time explaining to you some of the tax benefits of utilizing IRC 1031 (“1031 exchange”) and its tremendous amount of benefits that only real estate investors can take advantage. I...