Last week we went over all the basic tax deductions that rental property owners can take. And believe me, many of you are missing out on some expense deductions that have REALLY GOOD advantages.
This week we are digging a little deeper and discussing more advanced tax strategies that take a little time to consider and put in place. Like the tax benefits of holding your rentals in a legal entity, creative ways to use funds you already have to buy rental properties tax free or tax deferred, the ins and outs of cost segregation, and how if you can qualify as a real estate professional, you should!
If you know us, we are not just tossing out info to say you should, we are telling you why they are important to your growth as a real estate investor and how to implement these tax advantages to scale your portfolio of rental properties.
👉 QuickBooks Accounting Software. 30% OFF your first 6 months.
👉 NOLO: Do it yourself legal guide to create your LLC
👉 Advanced Tax Strategies For Real Estate Book, by Amanda Han and Matthew MacFarland.
👉 Episode 16: Is Holding Your Rental in An LLC Right For You?
👉 Episode 12: Our Experience With A 1031 Exchange, Would We Do It Again?
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