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	<title>ask matt cpa &#187; Real Estate</title>
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	<link>http://askmattcpa.com</link>
	<description>we are free agents nation ...</description>
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		<title>Short Sale Tax Implication</title>
		<link>http://askmattcpa.com/2009/11/short-sale-tax-implication/</link>
		<comments>http://askmattcpa.com/2009/11/short-sale-tax-implication/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 05:58:29 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/11/short-sale-tax-implication/</guid>
		<description><![CDATA[Short-sale is selling short of the mortgage balance.&#160; If the bank agrees that this is a better option rather than heading to the full foreclosure,&#160; a short-sale will happen.&#160; 
Taxable Income
Closing a short-sale deal is not an easy process because seller normally carries second loan in additional to the mortgage, and both lenders are required [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Exit Gracefully &#8211; A Hybrid 1031 Won&#8217;t Do</title>
		<link>http://askmattcpa.com/2009/11/exit-gracefully-a-hybrid-1031-wont-do/</link>
		<comments>http://askmattcpa.com/2009/11/exit-gracefully-a-hybrid-1031-wont-do/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 00:04:34 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[1031 Exchange]]></category>
		<category><![CDATA[Capital Gains]]></category>
		<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[Installment Sale]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/11/exit-gracefully-a-hybrid-1031-wont-do/</guid>
		<description><![CDATA[In real estate investment, it is very important to have an exit plan.&#160; Either you want to cash out completely, or you just want to change to different property holding, each move will cost you in term of tax.&#160; 
Tax is quite a fortune in real estate deals.&#160; Needless to say, you have to find [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Phantom of Capital Gain</title>
		<link>http://askmattcpa.com/2009/11/phantom-of-capital-gain/</link>
		<comments>http://askmattcpa.com/2009/11/phantom-of-capital-gain/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 09:39:32 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[1031 Exchange]]></category>
		<category><![CDATA[Capital Gains]]></category>
		<category><![CDATA[Depreciation]]></category>
		<category><![CDATA[Installment Sale]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/11/phantom-of-capital-gain/</guid>
		<description><![CDATA[Whenever you sell things, you will pay tax on the profit.&#160; Selling inventory is ordinary income, but selling investment asset is capital gain.&#160; Capital gain is taxed at a lower rate.&#160; Alright, so, what is the misery?&#160; Capital gain is not always what you think it is.&#160; It is sometimes just a phantom.
Current Rates
The highest [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>A Little Journey with IRA</title>
		<link>http://askmattcpa.com/2009/11/a-little-journey-with-ira/</link>
		<comments>http://askmattcpa.com/2009/11/a-little-journey-with-ira/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 04:40:22 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/11/a-little-journey-with-ira/</guid>
		<description><![CDATA[If you find investment a worthwhile goal of life, start soon and start with basics.&#160; IRA, an saving account, loaded with tax incentives, is the best way to get a head start.&#160; I will use a story below to illustrate how it help you to go a long way.
Humble Beginning
You start with budgeting in order [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Index Card &#8211; IRA &amp; Roth IRA</title>
		<link>http://askmattcpa.com/2009/11/index-card-ira-roth-ira/</link>
		<comments>http://askmattcpa.com/2009/11/index-card-ira-roth-ira/#comments</comments>
		<pubDate>Sun, 01 Nov 2009 23:27:13 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/11/index-card-ira-roth-ira/</guid>
		<description><![CDATA[Investment is a lifestyle for those who enjoy the thrill of discovering values.&#160; IRA is a perfect platform to start such adventure.&#160; It is an account with simple requirements to open, flexibility in investment choices, and the tax incentives for faster growth.&#160; Simple as it is, however, there are many angles of IRA that are [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Funny Thing About Home Buyers &#8211; Tips for Sellers</title>
		<link>http://askmattcpa.com/2009/10/funny-thing-about-home-buyers-tips-for-sellers/</link>
		<comments>http://askmattcpa.com/2009/10/funny-thing-about-home-buyers-tips-for-sellers/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 01:09:50 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/10/funny-thing-about-home-buyers-tips-for-sellers/</guid>
		<description><![CDATA[My realtor friend once told me that when prospect buyers come to an open-house, they really don’t know what to do.  After all, no one would think they should pass a home inspection exam before they shop. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Quick Plan for House Hunting</title>
		<link>http://askmattcpa.com/2009/10/a-quick-and-simple-plan-for-house-hunting/</link>
		<comments>http://askmattcpa.com/2009/10/a-quick-and-simple-plan-for-house-hunting/#comments</comments>
		<pubDate>Sun, 18 Oct 2009 18:56:03 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/?p=244</guid>
		<description><![CDATA[...it could be the gold-rush opportunity to you. It is time to get your first home or pick out your next investment property. Expect many bumps in the road. Looking at the terms scattered around the real estate ads: short-sale, foreclosure, and REO, you know it is a new landscape out there for both the agents and buyers.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>One Thing Good About Bad Market</title>
		<link>http://askmattcpa.com/2009/10/one-thing-good-about-bad-marke/</link>
		<comments>http://askmattcpa.com/2009/10/one-thing-good-about-bad-marke/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 05:30:26 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/?p=174</guid>
		<description><![CDATA[Problem with real estate investment is that it drains your cash regularly as in maintenance expenses, property management fees, mortgage interest, insurance and a property tax.  Property tax is usually one of the big ticket items.
Game strategies
A few things I picked up from my favorite video game &#8220;Build-a-lot&#8221;, a real estate investment simulation, include [...]]]></description>
		<wfw:commentRss>http://askmattcpa.com/2009/10/one-thing-good-about-bad-marke/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wealth Building 101 From a Game</title>
		<link>http://askmattcpa.com/2009/10/wealth-building-101-from-a-game/</link>
		<comments>http://askmattcpa.com/2009/10/wealth-building-101-from-a-game/#comments</comments>
		<pubDate>Sat, 10 Oct 2009 18:00:51 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Personal Skills]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[Income Assets]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Self-Employed]]></category>
		<category><![CDATA[Wealth Building]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/10/wealth-building-101-learned-from-a-game/</guid>
		<description><![CDATA[I am not very much into computer games, but I am told that creativity comes when you keep an open mind and try new things out of comfort zones.  So, I started playing a computer game named Build-a-lot.

Wealth building
It is a real estate strategy game.  I am usually given with little money at [...]]]></description>
		<wfw:commentRss>http://askmattcpa.com/2009/10/wealth-building-101-from-a-game/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Perfect 1031 Swap</title>
		<link>http://askmattcpa.com/2009/10/perfect-1031-swap/</link>
		<comments>http://askmattcpa.com/2009/10/perfect-1031-swap/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 00:41:35 +0000</pubDate>
		<dc:creator>matt cpa</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[1031 Exchange]]></category>
		<category><![CDATA[Capital Gains]]></category>
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://askmattcpa.com/2009/10/perfect-1031-swap/</guid>
		<description><![CDATA[There is an untold secret for those own real estate investments.  They can save tax big time!  
Excuse me.  Let me take it back because it sounds too much like a selling tactic for a get-rich-quick book.  I am talking about 1031 like-kind exchange, and this is not a super secrecy [...]]]></description>
		<wfw:commentRss>http://askmattcpa.com/2009/10/perfect-1031-swap/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
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