2 Tax Books EVERY REI Should Read!

[Kenny Smith]

BP Community!

Whether you’re a longtime real estate investor, new to the game, or want to get started, you need to read these 2 books.  Both are from BP here, The Book on Tax Strategies, and The Book on Advanced Tax Strategies.

If you are a current investor and don’t know what a step up basis, a cost seg report, accelerated depreciation, and much more are, you are doing yourself a HEAVY disservice. Most likely, you’re leaving THOUSANDS of dollars on the table for Uncle Sam by not doing your taxes correctly.

People say there are “loopholes” in the tax code wealthy investors take advantage of. Really, the tax code is written a certain way promoting people, especially real estate investors, to take advantage of it.

You just have to have the knowledge to know what questions to ask, and a licensed accounting professional can take it from there.  These books will open up a whole new side of real estate you may never knew existed. Start learning today, you won’t regret you did!

Best,

Kenny

[Kaylee Walterbach]

Thanks for the BP books shout out, Kenny! These two tax books are (in my biased opinion) absolute gems.