Lowering Taxes Archives - Page 4 of 5

Understanding Depreciation for Real Estate Investing

13-J00000011-1999 | Depreciation, Lowering Taxes, Real Estate Investment Strategies

Depreciation is defined as the reduction in the value of an asset over time. Depreciation is one of the most powerful tax benefits of real estate investing! Our favorite CPA Tom Wheelwright calls depreciation “the magical deduction.” Depreciation is important because...

How to Scale Up Your Real Estate Investing Business

13-J0000009-1999 | Financial Freedom, Lowering Taxes, Passive Income

For most investors, the plan is to create a scalable, passive-income machine through real estate. But this requires realizing you simply can’t do it all yourself. It can be difficult to relinquish control, but it’s necessary for a successful business to outsource....

Three Tax Incentives for Real Estate Investors

13-J0000007-1999 | Business Expenses, Depreciation, Lowering Taxes

Taxes are an essential component in any business, and real estate investing is no different. Fortunately, there are enormous tax benefits in owning residential real estate. Being strategic about taxes year-round can totally change your experience and perspective on...

10 Tax Deductions for Real Estate Investors

13-J0000005-1999 | Depreciation, Investing in Real Estate, Lowering Taxes

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...

Choosing a Legal Entity for Real Estate Investing

13-J0000003-1999 | LLC, Lowering Taxes, Real Estate Investment Strategies

Disclaimer: I’m not a lawyer, tax accountant, or financial advisor. I’m just a real estate investor who wants to share with other real estate investors what has worked for me. Here’s what I know: it’s imperative to purchase your rental properties under a legal...

5 Must-Read Books for Real Estate Investors

13-J0000001-1999 | Lowering Taxes, Personal Development, Real Estate Investing Tools

If you’re trying to learn about real estate investing, it can be overwhelming! The resources are infinite. It can be all too easy to get stuck in the learning phase, but that’s dangerous! If you’re pouring all of your time into learning, you can’t take action....