by ABIP | Aug 5, 2021 | Individuals, Newsletter, Real Estate
If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale of a home. The IRS home sale exclusion rule allows an exclusion of gain up to...
by ABIP | Jun 19, 2014 | Real Estate
When trying to determine the best business entity for real estate investing, you may notice that the process is slightly tedious. You will have to deal with tons of paperwork, documentation, and go above and beyond to make sure you and your investment is legally...
by ABIP | Jun 11, 2014 | Real Estate
From the time that you initially decide to begin investing in real estate to buying your first property, there is a seemingly endless amount of work to be done. This is a considerably daunting thing to many people. Believe it or not, the business of owning property is...
by ABIP | Jun 6, 2014 | Real Estate
The top CPA Firms in Houston have one goal in mind when it comes to working with you on your tax accounting and reporting- helping save your money. CPAs can help you and your business in many ways, but this is especially true when real estate investing comes into...
by ABIP | May 30, 2014 | Real Estate
A Chart of Accounts is simply a list of accounts used by your business all in one spot. A great chart of accounts also includes a guiding numbering system that tells you what types of transactions go into each account. A Chart of Accounts, while not complex in nature,...