Tax season might be over, but smart investors think about taxes year-round and take advantage of the numerous benefits that the tax code has to offer. Being strategic about taxes all year can totally change your experience and perspective on the tax code. If you want...
One of the most effective ways to protect your income and your wealth is to utilize rental real estate as a tax shelter. I’ve been a property investor for over 15 years, and I typically pay next to nothing in taxes each year. Why is this the case? It’s...
When it comes to traditional advice about saving for retirement or building up a nest egg, many of us have been inundated with harmful habits and beliefs. I know this because I have had to confront and debunk many of my own beliefs. These beliefs and norms can be...
Expenses are part of running any business, and real estate is no exception. We get an influx of questions about paying for insurance, taxes, and other expenses. It’s a smart idea to prepare for the different kinds of expenses that might occur, and set aside funds...
There are many ways you could invest a chunk of money—but real estate is by far the safest and best strategy for creating long-term wealth. There are many pros to owning rental real estate, but unfortunately this isn’t traditional advice you might hear from a...
Depreciation is one of the most powerful tools available to you as a real estate investor. Why? It helps you keep more money in your pocket, instead of sending it off to the federal government at tax time. This is a fantastic method used to mitigate your overall tax...
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