Voss Real Estate Advisors

11/12/2024

A new report raises questions about how much the IRS is auditing wealthy and high-income individuals and corporations.

11/12/2024

A strategy that has gained traction is the use of partnership equity as a form of compensation for service providers. Partnership equity offers flexibility in designing compensation packages. Organizations can tailor equity arrangements to fit their unique needs, whether through profits interests, capital interests, or unit appreciation rights.

A strategy that has gained traction is the use of partnership equity as a form of compensation for service providers. Partnership equity offers flexibility in designing compensation packages. Organizations can tailor equity arrangements to fit their unique needs, whether through profits interests, c...

11/06/2024

In the world of business, uncollectible debts can pose significant financial challenges. The ability to deduct these bad debts from taxable income can alleviate some of that strain. The criteria for deducting business bad debts, the types of debts eligible for deduction, and the necessary steps to ensure compliance with IRS regulations are essential to assess when deducting bad debts..

In the world of business, uncollectible debts can pose significant financial challenges. The ability to deduct these bad debts from taxable income can alleviate some of that strain. The criteria for deducting business bad debts, the types of debts eligible for deduction, and the necessary steps to e...

10/30/2024

Leaving the workforce and finally gaining back all your time for rest and relaxation is an exciting prospect, but being unsure about where your money will come from and what you will live off of can quickly turn a blessing into a nightmare.

Don't wait until you're no longer working to determine where your new income will come from.

10/29/2024

The challenges on the horizon are complex, but they can be mitigated with foresight and careful planning. The challenges on the horizon are complex, but they can be mitigated with foresight and careful planning.

And some strategies to potentially mitigate them.

10/26/2024

The ability to defer taxes on exchanges of like-kind property dates back to the Revenue Act of 1921.

This article discusses the requirements for gain deferral under Sec. 1031 and highlights frequently encountered issues.

10/23/2024

Secure retirement liquidity while keeping your home with expert advice on reverse mortgages and tax-smart solutions from Voss Read Advisors.

Secure retirement liquidity while keeping your home with expert advice on reverse mortgages and tax-smart solutions from Voss Read Advisors.

10/21/2024

Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024, the lowest turnover rate in decades.

Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024, the lowest turnover rate in decades. There were 37.5% fewer homes sold this year than during the middle of the pandemic buying frenzy in 2021 (40 of every 1,000) and 31% fewer homes sold than during the last pre-p...

10/18/2024

Discover strategies for managing cash flow when purchasing equipment, leveraging tax depreciation to optimize financial efficiency and enhance your business growth.

10/16/2024

Learn about California's escheat laws and how they could affect your assets. Voss Real Estate Advisors offers insights into preventing your property from becoming unclaimed and the steps to reclaim it.

10/15/2024

A home safe lets you keep your important information and small valuables in one convenient, private, burglar-proof location.

Put these valuables in a home safe, not a bank safety deposit box. You'll be glad you did.

10/14/2024

Whether driven by early retirement aspirations or the ability to work remotely, many CPAs’ clients may be contemplating selling their primary residence to either purchase another home or to relocate to their vacation or rental investment property.

Individuals relocating to another dwelling they own may face tax issues including periods of nonqualified use and, for previous rental units, depreciation recapture.