Has anyone bought the new book on 2018 Tax Strategies?

Question

Has anyone bought the new book on BP - Tax Strategies for the Savvy Real Estate Investor? If so, I am looking for feedback on the content and if you found it useful. I recently purchased my first two multi-family investment properties this year and I am seeking advice on tax strategies. I want be sure I am taking advantage of everything available to so that when it comes time to file my 2018 taxes I have put myself in the best position possible.

I am hoping this book will provide that guidance, but would love to hear some feedback from anyone that has already purchased it.

Thanks,

Jenn

I am hoping this book will provide that guidance, but would love to hear some feedback from anyone that has already purchased it.

Thanks,

Jenn

Alex Deacon · Answer

@Jennifer Dixon I have recently attended two brief seminars on the new tax law. It is highly complicated. My head is still hurting. But in the same breath its kind of simple. Dont try to learn the tax law that will never happen. What you need to have is the best CPA for the job. One who knows how to maximize your profit and keep you out of any trouble with the IRS. My accountant has saved me hundreds of thousands of dollars over the past 25 years and has been able to keep me out of any audits and grief that the IRS can give you unless you keep your records tight and follow the rules. Bend the rules slightly but dont break them.

Matthew L. Stevans · Answer

Jennifer,

Give me or anyone in my office a call or drop me an email. We will help you be proactive with your tax planning. It doesn't matter what state you are in. I have clients all over the country and across the world. We specialize in real estate investors and can help you as well. Hope to hear from you soon.

Matt

Basit Siddiqi · Answer

@Jennifer DixonThe tax book from BP written by Amanda Han was written a couple years ago. I think Amanda did a great way to make investors think about tax deductions. She also gives clear examples of how her clients were impacted(positively or negatively) by taxes.While the tax reform did have drastic changes to the tax law - the book is just as good. I do hope that she makes an update to the book.She was also a recent guest on the BP podcast. If you liked the book - you will like the podcast where she was a guest.

Alex Deacon · Answer

@Jennifer Dixon you can reach out to

@Matthew L. Stevans he handles all of my accounting and he works with a lot of my out of state investors not just in Pittsburgh.

Jennifer Dixon · Answer

@Alex Deacon - any suggestions on where to find a good CPA in my area? I have called around to a bunch of local CPA's I have found on the internet and tried to find someone who can give me the advice I need to maximize my profits and everyone I 've talked to has basically just told me to call them when it comes time to file my taxes for 2018. I am looking for someone to give me that advice now so I can start doing whatever I need to do to put myself in a good position come tax time.

Has anyone bought the new book on 2018 Tax Strategies?

Has anyone bought the new book on 2018 Tax Strategies?

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