6 Tips for Those Looking to Make Their Summer Vacation a Real Estate Tax Write-Off
As an investor, I love looking at houses wherever I go. In fact, I am probably like most investors who always have real estate on the mind. However, contrary to…
Taxes
Reverse 1031 Exchange: What It Is & How It Works
What is a reverse 1031 exchange and how can it save you major tax dollars?
Choose Wisely: 1031 Exchange or Opportunity Zone Investing?
Despite the introduction of Opportunity Fund investing under the 2017 Tax Cuts & Jobs Act, I remain convinced that 1031 exchanges are still the best choice for most real estate…
Unsolicited Offer You Can’t Refuse? How to Avoid a Big Tax Hit When Selling Unexpectedly
Intent is the key when looking to keep your investment dollars—including your taxes—working in your next real estate deal. If you purchased property with the intent to use it for…
How a 1031 Exchange Can Make You Millions
Let's look at two investors who bought and sold properties over a 25-year span. The investors end up with very different amounts because of the taxes.
Attention Multifamily Investors: Are you STILL Paying Taxes?
These tax-savings strategies will save you a boatload while boosting your multifamily rental profits no matter where you live.
6 Financial Apps to Automate Bookkeeping, Tax Deductions, Savings & More
With all the new apps out there, tracking of your expenses, paying your employees, and even saving up money for investments has become easier than ever.
The Tax Court Case That Proves You Can Qualify as a Real Estate Professional With Only One Rental
A recent summary memo opinion filed by the US Tax Court demonstrates that it is possible to qualify as a real estate professional even if you only have one rental…
Your Tax Write-Offs Could Affect Your Ability to Get a Loan: Here’s How
Every year as we get ready for tax season, I put together a checklist for my clients to help them get organized for tax season with common questions such as:…
3 Reasons You Should LOVE the Home Office Tax Deduction
One of my favorite tax perks available to real estate investors is the home office deduction. Let’s face it, the home office deduction is generally not going to reduce your…
What Can I Deduct? The Answer That Will Save You on Real Estate Taxes
I have never met anyone who tells me “Amanda, I think I should be paying more taxes.” Let’s face it, we all feel that we overpay in our taxes. Most…
Strategy to Take Out Cash in a 1031 Exchange –Tax Free!
Dan is a new client that I started working with just a few months ago. He is an old timer in the real estate business and in fact Dan has…
How to Appeal Your Property Tax Value
Last week I wrote about spending money to save money. One of the ways I mentioned to do that was by challenging your property tax assessment. In this post, I…
