If you’re like most real estate investors, tax season likely produces sweaty palms, an intimidating “to do” list, and an overwhelming sense of dread.
It doesn’t have to be this way. This is why we are discussing basic tax strategies early in the year so you can make the adjustments needed and do a little upfront work to self-educate on the “best practices” for tax strategy for rental property owners (which is why you’re here).
We are discussing valuable tax strategies you can implement now to minimize your 2024 tax bill—and maximize your annual revenue, making tax season actually enjoyable. After all, who doesn’t like found money?
From common everyday expenses to travel, home office, vehicles, and depreciation, we are going over all you need to know to maximize your deductions and have unexpected funds to use towards your next rental property.
👉 QuickBooks Accounting Software. 30% OFF your first 6 months.
👉 Advanced Tax Strategies For Real Estate Book, by Amanda Han and Matthew MacFarland.
👉 12 Month Expanding File Folder (Accordion File)
👉 BiggerPockets: Real Estate Investor Community Forum
✔️State Specific Leases
✔️ 400 Forms to make your landlord-tenant relationship top notch!
✔️ 200 FREE forms for those not ready to purchase.
✔️ 4.8 Rating with over 5000 Reviews!
✔️ Pro Members get access to ALL leases and forms for $12 per month OR $75 if you purchase the annual membership.
✔️ YOU CAN BUY LIFETIME FORMS for $399!
USE CODE 𝐒𝐓𝐀𝐂𝐈𝐄𝟏𝟓 to get 15% OFF ALL first-time purchases, EVEN THE ANNUAL or LIFETIME FORMS!
👉 IRS: Tips on Rental Real Estate Income, Deductions, and Recordkeeping
👉 IRS: Travel, Gifts, and Car Expenses (Pub 463)
👉 IRS: Residential Rental Property (Pub 527)
👉 CA Earthquake Brace and Bolt Program
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram, Like us on Facebook
👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
Listen On: You often hear us discussing the importance of inspections and preventative maintenance. Where…
November 4, 2024Listen On: We all pay someone to do work for us at some point or…
October 28, 2024
Episode 47: Quitting Your 9-5 To Self Manage Your Rental Properties Full Time - Your Landlord Resource | 5th Feb 24
[…] 👉 Episode 45: Basic Tax Strategies for Rental Property Owners […]
Episode 48: Crafting Your Rental Property Retirement Plan - Your Landlord Resource | 13th Feb 24
[…] 👉 Podcast Episode 45: Basic Tax Strategies […]