My favorite tax accountant Tom Wheelwright likes to say, “if you’re a real estate investor and you’re paying taxes, then you’re doing something wrong!” One of the top benefits of real estate investing is the enormous overall implication on your tax burden. We aren’t...
As we approach the end of 2016, many investors find themselves wanting to purchase more properties. Why? Because real estate investing is the best way to mitigate your overall tax burden! If you’re looking to save on your taxes, you’ll want to put your real estate...
What is rental property depreciation? It’s defined as a reduction in the value of an asset over time. Depreciation is one of the most powerful tax benefits of real estate investing! Depreciation is important because it helps you keep more money in your pocket, instead...
Here is the most important mind-shift you must make about your taxes if you want to build true wealth: the government rewards investors. Let me put this another way: the government needs people willing to build and invest in the economy. Without these people, we turn...