Property Management News

7 Essential Tax Planning Tips for Multifamily...

Tax planning is a critical aspect of managing a multifamily real estate investment portfolio. By implementing effective tax strategies, investors can optimize their financial performance, maximize cash flow, and minimize tax liabilities Here are 7 essential tax planning tips tailored specifically for multifamily real estate investors.  Structure Investments Wisely Carefully consider the most advantageous entity structure for your multifamily real estate investments. Depending on your specific circumstances and long-term objectives, options such as limited liability companies (LLCs), partnerships, or S corporations may offer distinct tax benefits and liability protections. Consult... Read more

One of the benefits to investing in both multifamily and real estate in general is that you receive returns in several different manners. This helps to diversify risk...

As the deadline for filing your taxes approaches, it’s crucial to ensure that you are well-prepared and organized. Here are four important actions to take before...

Navigating the tax considerations for multifamily investors requires a thorough understanding of depreciation, deductions, capital gains, 1031 exchanges, and passive...

Have you filed your taxes yet? If not, read on — April has a tendency to sneak up on even the savviest of taxpayers, and there are several important dates you should...

4 Easy Ways to Boost Your Tax Refund, According...

We’re well into tax season now, and that means it’s time to start prepping those tax returns.  While it’s typically not a fun task, there’s actually a silver lining this year: Many taxpayers can expect higher-than-average refunds. There are several reasons, but adjustments to federal tax brackets, larger standard deductions, higher interest rates and other factors all play a role. “Inflation is actually helping taxpayers when it comes to their taxes,” says Lawrence Sprung, a certified financial planner and founder of Mitlin Financial. “The standard deduction, which is used by most, saw a significant increase for 2023. Tax brackets also saw a... Read more

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the...

Discover what happens to your investment profits What Is the Capital Gains Tax? The capital gains tax is the levy on the profit that an investor makes when an...

Taxes are perhaps one of the most boring and painful of all topics that one can choose to discuss. That is unless you are a real estate investor! The ability of real...

The past few years have been a rollercoaster for the IRS and taxpayers alike. In 2020, Congress passed two rounds of stimulus checks, and Tax Day was postponed until...