Commercial Real Estate Tax

  Remote work is nothing new. Many employees had occasionally been telecommuting from home or clients’ offices long before the COVID-19 turned Zoom meetings and Slack messages into the norm rather than the exception. However, despite the vaccine rollout, employees are not rushing to get back into the office. Remote work is here to stay   The   majority of employees  wish to keep working from home at least part-time in the future. They appreciate the lack of commute, flexibility, and better work-life balance that remote work provided in the past year. Work-from-home was a success for companies as well, with the   productivity of their employees  remaining stable or even increasing during the pandemic. Major companies, such as Facebook or Amazon, are switching to a fully remote or hybrid model for the foreseeable future. According to an   Upwork survey , as much as 22% of the American workforce could be fully remote by 2022 – not including employees foll...

  When people often hear that someone is a real estate agent, one thing comes to mind: they must have lots of money! It’s true that the profession can be rewarding in many ways. There are people whose lifestyle fits like a glove with the call of being a real estate agent. But it’s not all sales and profit all the time. Real estate agents can succeed and fail at their job. Before anything else, you need to look out for signs that can lead to career failure. Below we’ll give you some insights on what can affect your career as a real estate agent. Know the struggles and challenges agents face. Find out how to avoid the path to failure so you can steer yourself in the right direction. Why Do Some Real Estate Agents Fail atTheir Jobs? Like any job out there, you’ll find real estate agents that fail in the business. But don’t let this discourage you from trying it out. Being aware of the reasons why failures happen can help reduce the chance of you landing on the same fate. 1.Engaging in...

  W hy has real estate ownership been   SO IMPORTANT   to the human race? If you have been in real estate for some time, you probably have heard Mark Twain’s opinion, “Buy land, they’re not making it anymore.” REAL ESTATE IS A TANGIBLE ASSET . You can touch it, see it, build on it, enhance it and manage it. Renters provide a return “on” and “of” the investment. Return on investment is a profitability measure, calculated by taking the profit and dividing it by the cost or value of the asset. The return of the investment is the rate at which the cost or value of the asset is returned to the owner. The  COMBINATION  of return on and of the investment provides the basis for determining investment-real-estate-purchase decisions. So, let’s assume you have already purchased a real estate investment and you want to be the next millionaire. The local market is in a stability stage (i.e no measurable changes in values). Few listings on the market and foreclosures are non-...

  One of the most thriving industries these days is real estate. For many investors, maximizing their returns or make their income flow quickly for their commercial real estate project. Projects like these often include buying a property, remodeling, expanding or constructing any kind of real estate. In order to do this, they will need a professional to assist them with cost segregation. What is Cost Segregation? Cost segregation is an IRS-approved method that allows investors to increase their cash flow or maximize their returns by accelerating the deductions or the depreciation as well as deferring the federal and state income taxes. If you, an investor, purchases a property, the value does not just come from the structure itself.  As much as 20% to 40% of both these components fall under tax categories that can be written off much quicker than the structure itself. Any type of commercial property can be a candidate for cost segregation, especially when it has been in servic...

  It isn’t secret anymore that investing in real estate can make some of the most stable returns. I believe investing in apartments is one of the most profitable things that investors do nowadays. People are looking for apartments to save for their financial future. The cost of running a house makes it more difficult to save more money. Here are the five reasons why you should invest in apartments: Plan your finances  Stable Cash Flow Tax Advantages Create brand awareness for your business Teaming up with experts Plan your finances                           If you are new to real estate investing, make sure that investing in an apartment is apt for you. Investing in real estate has some considerations, which are cost and time. The cost of owning apartments and managing several tenant units at a time is the best growth strategy for your future. The easy and fa...

  There are over 8 billion people in the world who like to buy their own property. It’s their long-term and short-term life goal and the best investment too. They're looking for an agent to sell and buy a property. So every real estate agent should know these steps to become a successful person in their market.  Find out how much their property Is worth Inspections Communicate Properly Pre-qualifying Buyer Avoid assumptions to be a successful agent Find out how much their property Is worth                               As a real estate agent , you must have local knowledge without local knowledge you can never become a successful agent. Also know the current market value of the property. You should be able to explain how the property value was fixed for a certain property and provide some comparison reports of previous property ...

  If you are new to home buying, don’t worry we have lots of ideas to help your business. Here are five key things you should know before buying a property. Understand the home value Research and repeat Look into future prospects Find good real estate agents Ask neighbors about a builder's reputation Understand the home value                    Before buying a new house, you should understand the value of the property. The best way to understand the value is, have a look at similar properties in the area. You will get an idea in home buying. Choosing the house is an easy process if you know how much you are willing to spend on it. After choosing the house, you should analyze the property then determine the value with help of real estate agents.  Research and repeat     Do research about the area where you are about to buy your property. Check whether it has all amenities, and y...

  The business of real estate involves a number of professional activities. One among these is appraisal. This is often the determination of the current market value of a particular asset. Appraisal is usually done before sale or when a property is about to be used as collateral. While this process was initially performed manually, today there are software tools which are specifically designed for appraisal purposes. By using real estate appraisal software , the process is performed quickly and more accurately. This leads to faster processing of property sales and purchases. As such, real estate appraisal software is highly valuable for contemporary real estate agents. CARS: CARS (Commercial Assessment Reporting System) is the most advanced commercial real estate assessment report writing software on the market that allows you to fully streamline the appraisal process. CARS is connected to National data, which can automatically pre fill your appraisal forms with the property data, ...