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Qualifying as a Real Estate Professional May Be Harder Than You Think

Anders CPA

Qualifying as a real estate professional allows you access to a powerfully beneficial tax status but strict requirements around active and material participation determine who is eligible for the designation. Not all real estate or rental property activities count toward the tests. What Counts as Active Participation?

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Commercial Real Estate Market Predicted to Rebound in 2024

CPA Practice

That’s the forecast from top analysts at Dallas-based CBRE Group, one of the world’s largest commercial real estate firms. “We We expect 2024 will be decidedly different for real estate investors,” Darin Mellott, head of Americas capital markets research for CBRE, which moved its headquarters to Dallas in 2020.

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Pros and Cons of Different Types of Real Estate Funds

Cherry Bekaert

When investing in real estate funds , especially amid a volatile macroeconomic landscape, it is imperative to know the differences between the various types of funds. Interest Rate Sensitivity – REITs use mortgages and other financing arrangements to purchase assets, so they are sensitive to interest rate movements.

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Zillow Builds ChatGPT Feature for Real Estate Searches

CPA Practice

Zillow has launched its Zillow ChatGPT plugin, which gives users a new way to discover real estate listings. The Zillow plugin then retrieves relevant information from Zillow’s extensive database of real estate listings. Generative AI is changing the way people search for information.

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Case Study: Real Estate Company Enhances Back Office With Outsourced Accounting

Withum

Residential and commercial real estate management company engages outsourced accounting services to fill needs after the retirement of a former outsourced accounting firm. A NYC-based residential and commercial real estate management company transformed its back-office through outsourced accounting services. The Client.

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Always Be Closing: Digital Infrastructure Company Drags Real Estate Out Of Analog

PYMNTS

Even though legal real estate transactions have been happening for centuries, the basic process itself is every bit as complex today as it has ever been, with very little of the digital disruption that’s transformed countless other industries. Baker said it’s a huge innovation on the real estate side.

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Tax-Saving and Advisory Services for the Real Estate Industry

KROST

The real estate market can be volatile, full of risks and challenges. Real estate professionals should enlist an expert to ensure compliance and navigate the specifics of real estate tax and accounting. Our real estate industry group has a deep understanding of the tax laws that govern the industry.