by Jacob I Oberlander, CPA | Mar 25, 2020 | Accounting, Stock Market Investing
COVID-19, dropping oil prices, and fear of the unknown caused one of the biggest drops in the stock market in U.S. history. On March 9th, the Dow Jones fell 2,013.76 points. At a 7.79% drop, it proved to be the worst single-day point drop ever for the U.S. market....
by Jacob I Oberlander, CPA | Feb 3, 2020 | Accounting, Rent Manager
Often times, bookkeepers find that the ending balance in the bank register in Rent Manager is different than the bank ending balance on the corresponding Balance Sheet. On each transaction in Rent Manager, you need to enter the property code. This code is used to...
by Jacob I Oberlander, CPA | Jan 16, 2020 | Real Estate Investing
Your first opportunity to dabble in Real Estate might be by renting out your finished basement, accessory apartment, etc. It is an excellent opportunity to get the feel to see if you’re suited to be a landlord. It can also help you with mortgage payments. You need to...
by Jacob I Oberlander, CPA | Jan 12, 2020 | Real Estate Investing
Following are a few indicators that you should review thoroughly before deciding on a market. Is there a population growth? Is there job growth? Where there are job opportunities, people usually follow. How are the schools in that area? Crime rates, weather patterns,...
by Jacob I Oberlander, CPA | Jan 9, 2020 | Taxes
I have been asked this question in the past by business owners who are investing in real estate, and I figured it might be useful to many of you, so here it goes. Question; A taxpayer and spouse are 75/25% shareholders in S-Corp, and the spouse is a passive...