The CPA Zone: Tax Strategies for Small Businesses

Ryan unpacks the tax implications of owner loans and how improper handling can turn a simple transaction into a taxable event, offering clear strategies to stay compliant.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   Join Our Real Estate Investor Mailing List   The CPA Zone podcast is for general...

In this episode of The CPA Zone, host Ryan explains the "Drop and Swap" strategy, a method that lets real estate partners defer taxes through a 1031 exchange by converting LLC interests to tenants in common (TIC) before a sale—highlighting key legal, timing, and IRS considerations.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/con...

The CPA Zone dives into the recent Sherman Derell Smith v. Commissioner decision to highlight the critical importance of substantiation and proper documentation—and how their absence led to the loss of a key depreciation deduction and increased tax liability.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Down...

In this episode of The CPA Zone, Ryan explains the financial and tax implications of selling a home or turning it into a rental, highlighting key tax benefits, potential pitfalls, and strategic factors to consider.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general in...

In this episode, Ryan covers Schedule E and Form 8582, two essential tax forms every real estate investor should understand for reporting rental income, losses, and managing passive activity deductions.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information pu...

Join Ryan on The CPA Zone as he breaks down the House GOP Draft Tax Bill, explaining how proposed reforms could affect your taxes now and in the future.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and sh...

Today, we'll explore whether a 1031 exchange is right for your property and how to calculate the potential tax impact, including capital gains and depreciation recapture.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended...

Ryan discusses the benefits of pass-through entity taxes (PET) for partnerships and S corporations, including how they allow businesses to bypass the SALT cap, lower federal taxes, and avoid double taxation on state-level income.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is...

Chris McCormack, CPA and founder of Better Books LLC, shares insights on tax strategies for real estate investors, including depreciation, cost segregation, and entity structuring, while reflecting on his own investment journey.   Get in touch with Chris: YouTube: http://www.youtube.com/@chrismccormackcpa   Instagram: https://www.instagram.com/chrismccormackcpa/   LinkedIn: https://www.linkedin.co...

In this episode, Ryan explains which business travel expenses are deductible and how to maintain proper documentation to support your claims with the IRS.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and...

Ryan walks through the rules and strategies for limited partners to manage passive losses in real estate syndications, with insights on deductions, K-1 forms, and qualifying for real estate professional status.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general inform...

Ryan discusses the VanMalssen v. Commissioner case, highlighting how personal use days, travel, and repair activities can impact tax deductions for rental property owners utilizing short-term rental strategies.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general inform...

In this episode, Ryan highlights four essential financial metrics for evaluating real estate investments.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accou...

Ryan explains the criteria and advantages of obtaining real estate professional status.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Info...

A review of the Gossain v. Commissioner case demonstrates that the taxpayer was unable to substantiate their claim for real estate professional status. The Court pointed out that the taxpayer had conflated the rules for material participation with the requirements for real estate professional status.   Would you like to become a client? Complete one of our client intake forms here: https://www.the...

A summary of the Foradis v. Commissioner tax court case shows that the taxpayer was unable to establish their status as a real estate professional.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should...

Ryan covers the topic of like-kind exchanges, or 1031 exchanges as they're commonly referred to.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting adv...

An analysis of the Bailey v. Commissioner case, in which the taxpayer did not meet the criteria to qualify as a Real Estate Professional, resulting in their STR hours not being recognized for REPS purposes.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general informatio...

An analysis of the recent case Warren v. Commissioner, where the taxpayer was unable to prove their status as a Real Estate Professional, resulting in a loss in tax court.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended...

We’ll resume our discussion on the differences between dealer and investor status, highlighting an exception in Section 1237 of the Internal Revenue Code. This section allows for capital gains treatment on subdivided real estate sales if specific criteria are met. Additionally, we’ll answer some questions.   Would you like to become a client? Complete one of our client intake forms here: https://w...

In this episode of "The CPA Zone," Ryan and real estate financing expert Tim Dineen of Keystone Funding discuss current lending trends, creative financing strategies, key loan options like DSCR and bank statement loans, and how tax strategies impact real estate investment loans in today’s market.   Get in touch with Tim: Facebook: https://www.facebook.com/tim.dineen.332   Instagram: https://www.in...

Are you classified as a real estate dealer or investor? Does it make a difference? Today, we’ll explore the distinctions between a dealer and an investor, along with the tax implications of each classification. Ryan will also review the Winthrop factors that assist taxpayers in determining their status as a dealer or investor.   Would you like to become a client? Complete one of our client intake...

Ryan discusses the findings from the court case Agarwal v. Commission T.C. Summary Opinion 2009-29, which ruled that real estate agents are considered to be in the brokerage real property business for the purposes of REPS eligibility.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podca...

In today’s discussion, we’ll cover the treatment of suspended passive losses when you sell your rental property.   Would you like to become a client? Complete one of our client intake forms here: https://www.thepulicegroup.com/contact   Free e-Book Download   The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, o...

In this podcast, Ryan speaks with Jordan McGregor, founder of PropertyCast.io, about the impact of financial literacy and objective analysis on real estate investing, and how leveraging software like PropertyCast.io can enhance deal evaluation, ensure accuracy, and create professional reports for more confident investment decisions.   Get in touch with Jordan: Facebook: https://www.facebook.com/mc...