5 Risks of Real Estate Investing

Posted by MB Group on Jan 13, 2020 7:00:00 AM

The allure of real estate with the possibility of positive cash flow is an intoxicating one to invest into.  Some investors look to purchase fixer-uppers and invest the money into repairing them and then selling for profit.  Others look to go into rental properties and over time build up multiple units. REIT’s (Real Estate Investment Trusts) are also growing in popularity for those who wish to invest in real estate on a small scale without spending a lot out-of-pocket.  There are inherent risks of real estate investing and we’ll look at five of them below. These five risks will cover those looking to invest in rental properties and general real estate (non-REIT).

Read More

Topics: Business Tax

Research and Development Tax Credits

Posted by MB Group on Jan 7, 2020 10:33:54 AM

There has always been a line in the sand when it comes to taxes for individuals and taxes for businesses and corporations.  As you might expect, businesses and corporations are entitled to many tax breaks that individuals aren’t eligible for. One such tax break is the research and development tax credit.

Read More

Topics: Business Tax

5 Tax Strategies for High Net Worth Individuals

Posted by MB Group on Dec 27, 2019 10:26:55 AM

It's not a secret — high net worth people are poised to pay the most in taxes. And because you pay the most, you also have the ability to utilize high net worth tax strategies to help reduce your overall tax liability. At MG Group, we're a team of accounting and tax professionals who offer experience helping high net worth individuals reduce their tax liability. Let's take a closer look at six different high net worth tax strategies you may be able to use to save. 

Read More

Topics: Taxes, high net worth individuals

Five Year-End Tax Strategies

Posted by MB Group on Nov 26, 2019 9:37:59 PM

When it comes to worrying about your taxes, most people only worry about it when tax season rolls around in late January. This is when employers send out W2’s for the year and most people get a start on filing their taxes.

Read More

Topics: Taxes

Real Estate Tax Deductions

Posted by MB Group on Nov 19, 2019 9:36:00 PM

When it comes to real estate and taxes, there are many factors that come into play when figuring out what can be deducted in April.  Are you a single-dwelling homeowner owning their own home? Or are you a landlord maverick with multiple rental properties? 

Read More

Topics: Taxes, Real Estate

MB Group's Mission

Our mission is to be a leader in providing businesses with solution-oriented accounting services while preserving traditional values in an evolving technological and regulatory environment.


HELPING YOU SUCCEED

Over the last several years, we have steadily grown to serve over 600 business owners, solopreneurs, and high net worth individuals.

Stay Updated

by Subscribing to Our Blog

Recent Posts