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How to Account for Your Income from Short-Term Rentals

The short-term rental market is booming in D.C. and Maryland, providing many homeowners with an excellent source of extra income. But with this income comes the responsibility of understanding the tax implications, regardless of whether you rent out a single room or an entire property.

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Smart Tax Strategies for Savvy Real Estate Investors

Are you ready to take your real estate investments to the next level? If so, you're in the right place! Let's explore the world of tax strategies that can help seasoned investors maximize returns and minimize liabilities. Learn why partnering with an expert CPA can help you to maneuver through real estate taxes in the Washington, D.C. area.

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Posted by: Myrick CPA Posted on: Feb 29 2024

Investing in the Real Estate Market: BRRRR Your Way to Success

Brrrr! In the icy grip of winter, it can be tempting to hibernate through the season and wait for warmer days. For savvy investors, however, this season presents a unique opportunity: the chance to BRRRR their way to real estate success. 

The BRRRR method – Buy, Rehab, Rent, Refinance, Repeat – isn't just a catchy acronym; it's a powerful strategy for building a thriving portfolio. Intrigued? Here's how you can BRRRR your way into a real estate windfall this winter and beyond.

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