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What Are Appropriate Bookkeeping And Tax Costs For Real Estate?

What Are Appropriate Bookkeeping And Tax Costs For Real Estate? When it comes to real estate, you have to be really aware of the costs. There are a lot of numbers involved and the secret to being successful in real estate is to not be afraid of the numbers. In today's episode, I'm going to break down what you need to know about the costs in real estate. Check it out!

01:03 - What you need to be aware of
01:55 - Mortgage & Depreciation
02:40 - Expenses & Property Management Fees
04:10 - How to do it on your own
04:35 - How to maintain standards but lower the price

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Kris Krohn

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Video Produced by:
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EARNINGS DISCLOSURE

Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here:

NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE

The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.

DISCLOSURE OF FINANCIAL RELATIONSHIP

Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here:

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