Sherman Standberry, CPA

How to Qualify for Real Estate Professional Tax Status (Full Guide)

The real estate professional tax status changes your rental income from passive to ordinary income. Qualifying for this status is the gateway to substantial tax savings for many real estate investors. And fortunately, to qualify for this license, you do not need a formal license. You do not have to be a real estate agent, […]

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Cost Segregation for Real Estate: What It Is And How It Works

Cost segregation in real estate are used by investors to save thousands in taxes. Let’s face it. Maintaining and managing property is expensive. Property costs like repairs, renovations, and expansions can really add up. And every dollar you save is a dollar you can reinvest in your business.  This post will help you understand how

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