T-ReX

Information Technology, Investor

Contact

Name
T-ReX
City
Fremont
State
CA
Postal Code
94539
Blog
Tips from T-ReX
Website
http://www.trexglobal.com

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Try Out these Free Tools

 

Simplify'em is a new property management WebTool that helps investors save time and money on rental properties and taxes. Our Real Estate Partner Program allows you to co-brand Simplify'em, and it's free for you to share with all your clients!

 

RealTaxTips.com is a forum created by T-ReX for real estate investors, advisers, and tax professionals to share tips and exchange ideas about real estate and taxes. It is a great place for your clients to find out about current tax benefits that are specifically available to real estate investors.

It features user-submitted tax tips, and the community gets to vote for the most useful tips. Users can also comment on each tip, to let other investors know which tips work, and which strategies will get you in trouble. Take a look and see what other investors are doing on their tax returns. 

Many of you have had clients with whom you have done a 1031 Exchange. Chances are, you weren't able to assist them with reporting the exchange and minimizing their taxes. We have a tool that allows you to be a specialist in this field.

Reporting income on form 8824 for 1031's can be very difficult, and that's why we created DeferEm.com. Defer'Em can help you account for overlooked costs from an exchange, allowing your clients to maximize exchange expenses and minimize taxable gain. It will generate IRS form 8824 and a supplemental report that provides clients with a visual understanding of all the factors (like “boot”) that played a role in their exchange.

It's free to play around with, so I recommend that everyone who is involved with a 1031 should play around with the application, and become familiar with all the different scenarios in your exchange.

Defer'Em is an especially nice tool because it allows you to walk your client through the application, and visually show them how they can benefit from a 1031 exchange, before they actually enter into any type of transaction.

When a person buys investment property, the only way for them to recapture any of their principal payments (from a tax perspective) is through depreciation deductions. Most investors can benefit from large depreciation deductions.

DepreciateEm.com allows your clients to separate short life assets from their property so they can segment their depreciation, allowing them to maximize tax deductions. It will fill out IRS form 4562 and it will also generate a depreciation report that allows your clients to see the difference that segmenting depreciation can make, and how much additional money they will save.


About My Company

ALL T-ReX Products are FREE to use.You don't have to create an account.

T-ReX (The Real Estate eXchange) is a friendly, customer focused company, and we are obsessed with serving real estate investors. We engage them with the development of new innovative online services called T-saps (Tiny, Simple Applications). T-saps are dependable, intelligent, fun and easy to use applications that do a single task. Nothing more, nothing less. T-saps enable real estate investors to maximize their returns and save thousands of dollars.

T-ReX was started by Pankaj Shukla (CEO) and Narinder Sandhu (President). Prior to T-ReX, Pankaj Shukla was Vice-President at Intuit’s Small Business Division responsible for product strategy and development for QuickBooks and Quicken. Narinder Sandhu was Vice-President at Intuit’s Payroll Services responsible for its product strategy and development.

Our real estate investment experience and passion to innovate for real estate investors brought us together. We are joined by an outrageously talented team of individuals who share similar passion for real estate investment and bring their investment experience and innovative thinking to create T-saps.

Try the T-saps, they’re completely FREE to use. You don't even have to create an account. Save on taxes this year and put more money in your pocket.

Niman Singh
Director of Community Relations

TReXGlobal.com

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T-ReX creates simple Web Tools for real estate investors to save them TIME and MONEY

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