Mark Patten, CPA and Mandy Thiebaud, CPA of McKinnon Patten & Associates discuss with Old Capital Podcast how earned income and passive income are treated by the IRS, capitalizing versus expensing replacements & repairs, and why owning real estate is more than just a return on your investment. Find out about 1031 exchanges, like-kind exchanges as well as cost segregation and how it can benefit your real estate investment.

CORPORATE ACCOUNTING STRATEGIES THAT PUSH BUSINESSES BEYOND COMPLIANCE AND INTO GROWTH MODE
I’ve seen the exact moment when a business owner realizes their accounting could be doing so much more than compliance. Most companies treat their accounting

