A 1031 exchange is an incredibly powerful tool that allows an individual to save on taxes after the sale of a piece of real estate. This tax deferral program permits the investor to sell a real estate property and then reinvest the funds in a property of equal or...
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...
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....
Among the many benefits of being a real estate investor, the tax implications are incredible. If you’re just getting started, or simply want to make sure you have all your bases covered, we’re sharing three resources you can use to better understand real estate taxes,...
A 1031 exchange is a powerful tool that allows an individual to save on taxes after the sale of a piece of real estate. This tax deferral program permits the investor to sell a real estate property and then reinvest the funds in a property of equal or greater value....
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...
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