Real Estate Accountant in a Box | USTaxAid

The More You Know, The More You Keep

Real Estate Accountant in a Box



This is a digital product and will be available for download immediately after purchase.


You’ll spend hundreds of thousands of dollars on your real estate investments. That’s real money. YOUR money. And you’ve put credit history on the line for signing for loans.

As a savvy investor, you buy your property with plenty of due diligence, make sure the property will provide you with cash flow and has a good chance of appreciation.

Due diligence is not enough. It’s not going to save you financial freedom.

There are still two threats to your real estate empire:

Too much tax, and

Lawyers who want to sue you.

You need protection from both if you seriously want to grow your real estate. Protection from too much tax. Protection from lawsuits.

Diane Kennedy, CPA

Hi, I’m Diane Kennedy. I’ve been a CPA for over 30 years working with some of the wealthiest real estate investors in the US. My clients live all around the world, but they all invest in the US for 3 reasons. #1 Cash flow #2 Appreciation and #3 Awesome tax laws. I’m not just a CPA who works with a lot of successful real estate investors. I’m also a real estate investor with properties in multiple countries, residential, commercial, developments. I love real estate when it’s done right.

I want to help you do it right.

I have received Diane Kennedy’s US Tax Aid Newsletters for over five years. They were an valuable source of what I call “common sense” tax related info to us when we had several rental properties. I continued to read and save Diane’s Email Newsletters even after liquidating our rental properties for the general info on business and personal tax strategies. During the end of last year, I needed additional input on structuring a move of a 401k to a self directed plan. I was very surprised when a quick response was returned back to me after I reached out to US Tax Aid. What I was most impressed with was my question was used as a general topic for Diane’s newsletter to pass on to others. I felt personally supported and validated that I was part of a community of business owners and investors who together will survive and thrive during this time of mass confusion of changing tax strategies. When I saw that they were opening up for a short time to accept new tax prep clients, I moved quickly to engage their help. Diane was always responsive, clear in explanations, and supportive of my needs. I will continue to expand my relationship with Diane and her US Tax Aid organization as the opportunities arise. I highly recommend Diane Kennedy and US Tax Aid.

Bonnie B. – California

You can hire the best attorneys and CPAs, but you still need to know how to talk to them. When it comes to tax law, what you don’t know will cost you. You can either pay hundreds of dollars an hour to get up to speed on the lingo, or invest in laser focused training by a CPA who is also a real estate investor.

The Real Estate Accountant in a Box is designed to be both a course and a resource guide for setting up the right structures to protect your assets and using the unique tax advantages for real estate to greatly reduce your tax burden.

This is a written and audio program that is delivered digitally. Once you buy, you’ll be given immediate access to download the Real Estate Accountant in a Box.

If you paid a CPA to give you this education, based on an average hourly wage or an experienced real estate tax expert, you’d pay $7,500 or more. And that’s assuming you can find a tax expert who has the right education, experience and point of view.

It’s not a case of just finding someone to prepare your tax return, although we have a lot of experience with that too, it’s a case of setting yourself up for success.

That’s why I developed the Real Estate Accountant in a Box. It’s full of strategies, case studies, checklists and practical guides to help you protect your real estate.

I have initially heard Diane’s name from the podcast series called “Lifetime Cashflow Through Real Estate Investing” offered by Rod Khleif. To say Diane offered a lot of valuable tips during the podcast is an understatement! She touched upon such important and valuable topics as cost segregation, things to look for in a property inspector, write off when filing income taxes, and etc. I then went ahead and jumped on Diane’s website After reviewing just a handful of Diane’s articles, I have found myself emerged into reading up and following up further on such important topics for any investor as itemizing deductions, searching for big cash-flowing properties under the new administration and much much more. I’m really excited about finding Diane’s site and making a good use of her blog posts and articles. I hope other real estate investors will benefit from it as well!
Thank you Diane!

Alina T

Take your real estate tax and asset protection knowledge up to EXPERT level.

The courses included in the Real Estate Accountant in a Box are:

Quick Start Guide to Making Your Assets Work For You

Every plan needs two things: your starting point and your destination. The Quick Start Guide assesses where you are now and how much of a return you’re getting on your existing assets, time and expertise. From there, you decide what you need to do first to get you on the path to your goal.

People often overlook the options they may have already that they can use to build cash flow and wealth.

Put your lazy assets to work! This is the place to start.

Your First Year in Real Estate

It could be your first year, or your 40th year, as a real estate investor. This Home Study Course will focus on the highlights of things you need to get done. In the beginning, when you start with your real estate investments, your main goals are getting your properties rented.

The last thing you may be thinking about are setting up a business structure, your bookkeeping systems and knowing what legal steps you need to take.

You could jump into the more indepth courses that are part of Real Estate Accountant in a Box, but that’s going to take a little longer. This course reviews highlights of what you need to know and what you need to do first.

It’s a more focused course, but just as powerful as any of the detailed individual ones.

The Right Business Structure For You

Business structures provide two possible benefits:

• Less tax (and more cash flow to you), and/or
• Asset protection.

But it’s not simply a case of setting up any ol’ business structure. You need the right one, set up the right away, in the right state and with the right considerations for your home state.

In the case of business structures, what you don’t know can hurt you. This is a course with checklists you want to take every time you purchase a new asset or start a business.

Protect what you’re earning.

Create Your Deduction Strategy

One of the biggest mistakes real estate investors make is thinking that their deduction strategy should be just like their business or individual tax deduction strategy.

It isn’t! That’s because passive real estate deductions may become limited based on your other income and other circumstances. If you take the wrong deductions, you may end up costing yourself more tax when you sell your property.

Don’t make this mistake! Be strategic with your deductions. This Home Study Course teaches you a little known strategy that every real estate investor needs.

101 Real Estate Loopholes

For years, the most popular Home Study Courses have been the “101 Loopholes” courses. These are quick ideas that you can use to save taxes. Will they all work for you? No. But all it takes is a few tax loopholes to put a few hundred, maybe even few thousand, extra in your pocket.

How much will you save?

Seven Proven Depreciation Strategies

There are three types of deductions. In conjunction with your deduction strategy from Your Deduction Strategy, and after putting applicable 100 Real Estate Loopholes in place it’s time to look at the third type of expenses.

The third type of deductions are your phantom expenses, depreciation.
With this Home Study Course, you’ll learn how to legally and safely, accelerate, slow down, catch up and actually stop depreciation. Even more importantly, you’ll learn when to each of these techniques and how to combine them to reduce your taxes.

Legally Use the Real Estate Professional Loophole

Why invest in real estate? There are three benefits that only real estate can give you, Cash Flow, Appreciation and Tax Breaks.

But the tax breaks don’t work if your income is over a certain level. Real estate investing is still a great strategy, but if you want ALL the benefits, then qualifying as a real estate professional will get you that.

As a real estate professional, you can claim all of your paper tax losses from real estate against your income, no matter how much the losses are and no matter how much your income.

THIS is one of the secrets that wealthy real estate investors use to never pay taxes. And you can use it too!

But the IRS has been clamping down on the real estate professional status. You have to do it right.

This Home Study Course will walk you through, step by step, how to take advantage of this special tax break.

The Cost Segregation Guidebook

One of the big benefits with depreciation is the ability to accelerate it so that you can offset your other income. You do this with a cost segregation study.

There are a lot of benefits that come with a cost segregation study, but they can be expensive, as much as $5,000 per study for a simple personal residence.

In most cases, though, you can prepare your own cost segregation study. This is a do-it-yourself course that explains what goes into a properly prepared study, and helps you get your information together. In case of a complex study, such as with a large commercial property, you may still want to hire an expert. In that case, this Home Study Course will help you prepare the documentation you will need to pull together for the study.

The more you know, the more you’ll save.

The Cost Segregation Home Study Course has information and templates for the format you can use for the studies, to keep them in line with IRS guidelines.

Operation Guide for LLCs with Real Estate Investments

The Operation Guide for LLCs with Real Estate Investments is designed as a resource guide. It is full of information you need for setting up your own LLC using an online resource like LegalZoom or using an attorney. You’ll find checklists and templates to help you determine the important information you need for the set-up and for things like the Operation Agreement which is critical for your legal protection, but not necessarily required by the state. As a result, some people skip it. You’ll learn why it’s such an important document and what to do about it.

You’ll also learn why “simple” questions such as member-manager or manager-managed, when to have meetings and what to include in your minutes, and how to make proper notification to keep your asset protection in place.

There are two different Operation Guides included with the Real Estate Accountant in a Box. This is used for passive real estate investments.

Operation Guide for LLCs with Real Estate Businesses

This Operation Guide is specifically for real estate businesses. This would include people who qualify as real estate dealers, flip properties or who have vacation rentals such as Air BnBs.

A real estate business has different tax issues and opportunities from a passive real estate investment. This is explained in the Operation Guides.

It’s NOT one answer for everyone’s situation. That’s the importance of going through the information included in the beginning of the Operation Guide. Determine what is best for you now and where you plan to be.

What state’s laws do you use to set up your entity? What tax law do you want to use for your LLC? What do you need to include in your Operating Agreement that is specific for real estate businesses?

These are included both in the lessons and in the templates, examples and checklists that are included as part of the Operation Guide for LLCs with Real Estate Businesses.

Create Wealth & Cash Flow with Real Estate

So far we’ve talked a lot about how to save on taxes with your real estate. But there are two other important benefits of real estate, wealth creation and cash flow.

Unlike other investments such as gold, crypto or stocks, you don’t need to sell your asset to have a regular cash flow. So, what can you do to grow your cash flow?

What can you do to improve your wealth building strategies?

Learn more in the Create Wealth & Cash Flow With Real Estate Home Study Course.

Tax Free Real Estate Sales

What happens when you sell your property? If you’ve got gain, you’ve got tax. Or do you?

In the Tax Free Real Estate Sales we’ll talk about popular and some so not-so-well-known strategies to reduce, delay or eliminate tax when you sell your property.


Investing in Real Estate With Your Pension

There are many reasons why you may want to use your pension plan to invest in real estate. Maybe you want a bigger return on the money you have in your pension. Maybe that’s the biggest source of funds you have for your investment plants. And maybe you want to use the special tax rules and asset protection rules of pension plans to safely and more quickly build your assets.

A well-thought-out pension plan investment strategy with your pension money can make all those dreams come true.

But there is a catch.

You have to follow the strict rules that comes with pension plan investing.

This Home Study Course is a primer on how pension plan investing can work with your real estate and where you can get yourself into trouble, if you’re not careful.

Surviving an Audit of Your Real Estate Investments

The IRS has had certain real estate investors in their crosshairs for awhile now. If you take a real estate loss on your tax return, the IRS may be watching you.

If your adjusted gross income is under $100,000, then you can take some loss provided you have basis and active participation. The IRS is ramping up audits on the later part of that qualification, active participation. If you’re a real estate professional, then the IRS has a lot of questions if you’re called into audit.

In this Home Study Course, we review the rules closely for both active participation and all aspects of the real estate professional status and then we look at what the IRS is going to ask you about.

This prepares you for the audit, which we hope you never get. It’s a case of prepare for the worst and hope for the best!

Easy Accounting for Real Estate Investments

Real estate accounting is tricky. Then add in creative real estate techniques such as sandwich leases, rent to own programs and seller carrybacks, and you’ve got a lot of bookkeeping challenges your bookkeeper might not have ever seen before.

That’s why I originally wrote Easy Accounting. It’s not meant as a book to just sit down and read, unless you really like to talk about debits and credits. Rather it’s a resource guide for you and/or your bookkeeper. It’s written in the language of both the creative real estate investor and the profession accountant.

Plus, there are guides on how to report the various transactions on your tax returns.

This Home Study Course is a reference that every investor should have in their virtual library.

Tax Loopholes From Your Personal Residence

Some of the best tax strategies involve your personal residence. But since 2009, it’s gotten a little more complicated. For example, you may know the 2 out of 5 rule to get the capital gain exclusion, but watch out if you do this first! If you do, you’ll never get the full capital gain exclusion. Or do you know the powerful strategy that can turn a like-kind exchange into a tax free strategy by using a primary residence?

Here’s how to rent out your house and not even have to report it to the IRS. And what to watch out for if you have a home office.

Lots of things you may not even know about this amazing tax advantage. I’ve had clients who do nothing more than move every two years. They make money and never pay taxes.

There are some pretty amazing strategies with your home. Make your home pay you, instead of the other way around!

Create Real Estate Tax Credits to Save Big Time on Taxes

We all love tax deductions, but the problem with passive real estate tax deductions is that they can become limited depending on your adjusted gross income and your personal circumstances.

That’s why the rich rely on real estate tax credits. A tax credit directly reduces the amount of tax you pay, not just reduces the amount of taxable income you have. Most tax credits don’t phase out as your income increases. YOU control when and how you get tax credits.

In this Home Study Course, we look at tax credits that are applicable for individuals, for business owners and, of course, for real estate investors.

Dumping Bad Real Estate

Let’s face it. No one buys real estate to lose money. You buy it so you get cash flow every month, the value goes up and you save on taxes.

But sometimes the economy works against you. Local laws shut you down. And maybe a pandemic hits. Whatever the reason, you may sometime find yourself having to dump bad real estate.

There is a smart way and painful way to do it. This Home Study Course discloses the things that can go wrong, costing you way more in taxes than you’d expect and what you can do to avoid that pain.

No one wants to need this Home Study Course. But if you ever do, it’s a godsend.

Trump Tax Plan for Real Estate Investors

One of the biggest tax law changes we’ve had since the 1986 Tax Reform Act happened with the Tax Reform and Jobs Act of 2017. It came into effect in 2018 and is commonly known as the Trump Tax Plan.

Now, years later, we’re still learning the intricacies and strategies you can use, especially as a real estate investor. This is a foundational course, laying the groundwork for “Advanced Tax Strategies for the Real Estate 20% Income Deduction”

Advanced Tax Strategies for the Real Estate 20% Income Deduction

The Trump Tax Plan gave us a lot of new changes and new definitions. That’s covered in the Home Study Course, “Trump Tax Plan for Real Estate Investors”. In this Home Study Course, we look at advanced strategies all designed to use the unique tools that were included in the Trump Tax Plan.

What can you use to build your wealth even faster, free from the constraint of excess taxes?

These 20 courses are all included in the Real Estate Accountant in a Box. If you bought them individually, it would be close to $3,000. But as part of the Real Estate Accountant in a Box, you’ll get them for a fraction of that cost.

For a limited time, there is even more!

When you buy now, you will receive a special bonus worth $2,500.

** 6 months of live coaching. Coaching calls are on Wednesday evenings at 5 pm Pacific. They are recorded in case you can’t make them. Ask questions, learn the latest strategies and learn from other real estate investors and business owners.

**Recorded strategy sessions with investors just like you.

You get ALL of these courses, valued at $3,000 PLUS bonuses worth $2,500 for less than $1,000.

Please note that the bonuses are only available for a limited time. In order to take advantage of those, you need to jump on this offer.

Here’s what some of our happy customers have to say about the unique tax information we provide. These are practical solutions that give real results for real life people.

Thank you for your great books and information.

Jon B, CA

An entirely new perspective…new possibilities…I loved every minute!

Christine H, Lakeport, CA

I can take all that I learned and apply it to my business, improve efficiency and create more with less!

Andrea O, Covina, CA

Diane, You have made and saved me tons of money over the last 5 years!

Greg M, Camden, IN

Diane, You’re such a wealth of knowledge.

Lana K, Fairview, OR

If you’re serious about real estate investing, then get serious about protecting it. Pay less tax. Protect your property as you grow your wealth and cash flow.


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