hi everyone, just looking for some focused advice in a world of information overload, I apologize if this has been discussed before. Any great recommendations or suggestions of books, courses, contacts out there regarding the best way to learn about improving taxes when owning rental properties. I am all about systems and was wondering if there are any good books or systems out there to follow myself in order to get the tax implications to the best place they need to be for my rental property business just starting out? THANKS FOR ANY HELP AND DIRECTION!
I would check out Nolo's "Every Landlord's Tax Deduction Guide" to get a feel for this information. Hiring a good accountant is probably the best thing you can do though.