End of year tax planning

[Justin R.]

The end of the year is approaching, and tax preparation should be under way for most of us. With the introduction of the tax reform bill, how has your tax strategy changed? Question for tax professionals, is there something real estate investors can start doing now to help us realize the benefits of the tax bill?

[Brian M Sweeney]

@Justin R. there is always something you could be doing from a tax planning perspective, wether year end or not. Make sure your books are up to date and ready for reconciling, consider contributions to retirement accounts, section 179 expense, tax loss harvesting, etc.