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Even though it’s the end of the year, it’s actually the perfect time to be strategic about tax season. Investing in real estate is an incredible tax shelter on its own, but smart investors know that in order to reap the most tax benefits you have to plan for taxes year-round.
On this episode of Investing in Real Estate, Natali and I are sharing three important tax strategies to employ before December 31. You’ll learn about estimating your income, making tax deductible purchases, and more! We hope this episode will inspire you to make some financially intelligent moves before the year ends!
On this episode you’ll learn:
- What a combined total is, and how to calculate it.
- How accelerated depreciation works.
- The tax benefits of purchasing rental real estate.
- How to plan your taxable deductions.
- The importance of keeping personal and business expenses separate.
- And more!
Why the End of the Year Is the Best Time to Buy Real Estate
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.