When you list with us, we offer you our full service concierge team that will be sure to take care of all of your selling needs. We want you to enjoy the time that you have left in your home and not be stressed out about the process. So, this means we will take care of hiring movers, finding storage, even garage sales and selling personal items for you. If you need a contractor, we will set it up for you. Selling and moving shouldn’t be a daunting experience, but one that is enjoyable and exciting.
We provide the Right Exposure & Effective Internet Marketing.....We focus on where the majority of buyers are searching. We have an extensive online network. Once the home hits the MLS agents are huge sources of buyers. We network to agents statewide and nationwide. American Beachside Brokers also utilizes Google AdWords technology. It is the best way to ensure that your listings gets the maximum exposure possible in the online real estate market. As a Zillow Premier Agent, American Beachside Brokers has greater exclusivity and wider reach in the online real estate market by increasing our exposure and promoting our listings without the influence of other agents.
We Offer a Smart Seller Flexible Commission Plans. The Bottom line is We SAVE you Thousands on the Listing & Selling Commission and you still Get Full service. Buyer Commission Included!
Cancel anytime with no cost to our clients. Professional Support, Easy & Free to list. Only Pay When You Sell.
We use the latest Cutting-edge technology. Behavioural targeting is a way of directing our marketing at homeowners who are most likely to be interested in your house.
Exceptional LOCAL Knowledge. With 20+ years of experience, and an understanding of current trends, I can help you navigate the market to get the best price.
Over the years, We helped hundreds sell and buy new homes. I'll help answer any questions you may have about your next sale or purchase.
We never leave money on the table! If it makes sense, we make it happen. We always find a creative way to make escrows close!
Our relationships allow us to save you money on everything from small repairs to major renovations.
If we represent you in the purchase of any listing, we will rebate part of our selling commission.
We will manage small improvement projects at no cost to our clients. You will also have access to our list of contractors if necessary.
We have access to a list of short-term furnished rentals available for temporary relocation due to remodeling, fast escrow closings, etc..
We have a full service commercial real estate division providing solutions to property owners, investors and tenants.
Our staff knows the ins and outs of both the real estate and property management market. We are dedicated to provide great service to our owners and tenants.
Many people approach tax season with some level of trepidation. And for good reason - taxes are complicated! If you're not a tax expert, it can be daunting to dig into the minute details of tax law. Stumbling through all the minor details can make you worried you've missed something. By familiarizing yourself with some landlord tax basics, however, you can decrease your anxiety and feel more prepared at tax time. Here are some key things you'll want to know.
The law is very favorable to landlords, and there are lots of deductions you can take. Most items and services related to your business that are reasonable and necessary are deductible. Deductions may include loan and business card interest, property depreciation, insurance, fees and taxes, professional services, utilities, travel costs, equipment and supplies, marketing costs, home office costs, tax preparation costs, and the like.
Be sure to keep detailed records. Documenting all your income and expenses, especially the expenses you plan to deduct, is important evidence that will support the tax information you submit to the Internal Revenue Service. Save proof of money exchanges and include as many details as possible, like date, amount paid or received, person who paid or person who received the money, nature of transaction, and anything else you feel is important. If you don't have actual documentation, you can use credible evidence to back most expense claims, except for some travel claims, meals over $75, entertainment, and certain equipment. Chances are it'll be easiest to keep track of your income and expenses electronically. Using a service like TenantCloud's income and expense tracker helps you automatically keep a consistent manner of accounting in near real time. By tracking and keeping everything in a central location, it'll make this money exchange tracking process much easier for you.
You will also want to properly store various business documents. If you do this locally on your computer, consider keeping backup copies in a cloud-based service, like TenantCloud, where you can access documents without being limited by your proximity to local copies. Uploading documents mentioned above and legal documents, such as deeds, leases, inspections, permits, business records, insurance policies, past taxes, and the like, will also help you in case of emergency; if anything happens to your local copies, you can rest assured that you haven't permanently lost your records.
To file your taxes, you'll need to understand which tax forms apply to your situation. There may be a few different tax forms you'll need to fill out, depending on your situation, but the most common and the one you'll likely use is the Schedule E.
Form 1040, Schedule E, Supplemental Income and Loss
As a landlord, you'll file a Schedule E. The Schedule E is where you'll list your income and expenses. Expenses you'll list on this form include advertising, auto and travel, cleaning and maintenance, commissions, insurance, legal and other professional fees, management fees, mortgage interest paid to banks, other interest, repairs, supplies, taxes, utilities, and depreciation expenses. How much of this schedule you'll need to fill out depends on ownership. If you own your rental property as an individual, you’ll file your landlord taxes entirely on Schedule E. If you own your rental property through a business entity, then the business entity will submit a tax form, and you’ll fill out a partial Schedule E. If for any reason you aren't sure, check the owner names on your deed to see if the owner is you or your business entity.
There are other more complicated arrangements to consider as well. If you co-own a property with another person (other than your spouse) or several other people, you’ll file taxes on a Schedule E only on your portion of ownership, while your owner or co-owners will fill out their portions on their Schedule Es. When you co-own a property with your spouse and you file jointly, however, no matter how the property ownership is divided, you will file only one Schedule E.
Generally business entities have different forms to fill out, but there are a couple exceptions to this: Limited liability corporations (LLCs) with one member are treated as sole proprietorships for tax purposes and only need a Schedule E. A two-member LLC owned by spouses living in community property state, like California, Texas, Arizona, electing to be a disregarded entity also uses a Schedule E.
Passive activity laws are important to understand at least on a basic level so you aren't caught off guard by them at tax time. Essentially these laws dictate that you can’t deduct losses from passive activities against income from active activities. So if you lose money on your rentals this year, you probably can’t deduct the losses against, say, income from your full-time job, which is probably considered an “active” activity. You’ll have to wait until your passive activities bring in enough money to offset passive losses to receive the full benefit of your deductions. This process can span several years before you receive deductions on your passive losses.
At the end of the day, you may want to just hire a tax professional until you understand more about landlord tax law. Taxes can be complicated, and a tax professional will make sure you're filing correctly; will help you understand the nuances of your particular local, state, and federal law situation; and will help you gain the most benefit while filing. Eventually, once you feel comfortable enough with landlord tax law, you may feel confident enough to do your taxes on your own, but until then, a good tax advice can go a long way.