Choosing a legal entity for your real estate investing business is based on your specific situation, but in general, I personally prefer creating an LLC to limit my liabilities and protect my personal assets. Read more about the benefits of establishing a legal entity when dealing with property investments.
We are at the tail end of 2016, which means it’s time to put your real estate goals into action before the new year starts. Doing so will enable you to reap the major tax benefits of 2016 that are available to property investors. Dive into this post to see four ways that real estate investing can help you save on your taxes.
As a real estate investor, you should understand the huge impact rental property depreciation has on lowering your overall tax burden, and also how to calculate it. In this post, I cover the basics of utilizing depreciation to keep more money in your pockets come tax time!
Properly organizing your rental property documents is imperative, and backing them up in the cloud is essential! If you're new to the game, you will quickly learn that there are many documents that you retain in regards to your investments, and you may need one at a moments notice! Read more to gain insight into the importance of filing investment documents in an organized and safe manner.
Did you know that the government rewards real estate investors through major tax benefits? It’s true. It’s actually an extremely tax-friendly industry. Read more to find out the three main reasons investing in real estate can help lower your tax burden.
Because a thriving real estate industry affects the economy in such a positive way, the government provides tax incentives for property investors. With this being said, you will want to dive into this post to learn the 3 tax tips every real estate investor should know, and be prepared to keep more money in your pockets come tax time!