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Advantages of Keeping Your Business Separate From It’s Real Estate

RogerRossmeisl

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice.

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Are You a Tax-Favored Real Estate Professional?

RogerRossmeisl

For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). Excess rental real estate PALs for the year (PALs that you cannot currently deduct because you dont have enough passive income) are suspended and carried forward to future years.

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Breaking Down the Tax Reform Bill’s Impact Across Industries

Withum

House Ways and Means Committee Unveils Tax Reform Bill With Business and Real Estate Provision Authored by: Michael Hurwitz , CPA The House proposal specifically impacts the real estate industry regarding the Opportunity Zone program.

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How Section 1231 Gains and Losses Affect Business Asset Sales

RogerRossmeisl

Operating businesses typically dont own capital assets, The post How Section 1231 Gains and Losses Affect Business Asset Sales appeared first on Roger Rossmeisl, CPA.

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Top Remote Accountants of the Week | November 7, 2024

Going Concern

Sign up now to view the complete candidate list and connect with potential hires.

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Cohen & Co. Gets Private Equity Backing

CPA Practice

The firm specializes in services for the mutual fund, private equity, alternative investment, and real estate industries, and its clients include closely held businesses, family offices, and high-net-worth individuals. Cohen & Co. The investment from Radnor, PA-based LMP will also accelerate Cohen & Co.’s Cohen & Co.

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Top Remote Accountants of the Week | January 17, 2025

Going Concern

TAX CANDIDATES FTE Tax | Candidate ID #23772188 Certifications: CPA in process, EA Education: BBA Accounting and Finance Experience (years): 8+ years experience in tax accounting. With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.