What are the best tax books to read?

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Michael PlaksPro Member
Tax Accountant / Enrolled Agent · Houston, TX · Member since 2014 · 5k+ posts · 6k+ votes
6y

@Jordan Pothier

@Basit Siddiqi mentioned 2 decent books, and as I mentioned, Sandy Botkin's.

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  • Mitch Messer
    Lender · Playa del Carmen, México · Member since 2014 · 2k+ posts · 1k+ votes
    6y

    Hey @Jordan Pothier, looks like you're a new-ish dad with two adorable little ones. I'd recommend you start investigating the self-directed IRA (SDIRA) as it relates to real estate investment! Forget boring; this is knock-your-socks-off exciting stuff!

    Dyches Boddiford (Google him) is Atlanta-based and offers an outstanding 2-day event on this very topic. Definitely worth looking into!

    For the record, I receive ZERO compensation for making this recommendation! I'm just a satisfied customer.

    0Reply
  • Jordan Pothier
    OP
    Specialist · Fayetteville, GA · Member since 2018 · 59 posts · 16 votes
    6y

    @Mitch Messer thanks I appreciate the information!

    0Reply
  • Yonah WeissPro Member
    Cost Segregation Expert and Investor · Lakewood, NJ · Member since 2017 · 1k+ posts · 1k+ votes
    6y

    @Jordan Pothier check out Tax Free Wealth by Tom Wheelright. An abundance of information, and easy to read.

    1Reply
  • Carl FischerPro Member
    Rental Property Investor · Ambler, PA · Member since 2015 · 2k+ posts · 1k+ votes
    6y

    @Jordan Pothier

    Irs publications is a good start. Boring but educational. 

    [email protected]215-283-2868
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  • Michael PlaksPro Member
    Tax Accountant / Enrolled Agent · Houston, TX · Member since 2014 · 5k+ posts · 6k+ votes
    6y
    Originally posted by @Carl Fischer:

    @Jordan Pothier

    Irs publications is a good start. Boring but educational. 

    I disagree. They are not written in English even though they do use English words.

    90% of the content is exceptions and special rules instead of explaining the basic principles.

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  • Michael PlaksPro Member
    Tax Accountant / Enrolled Agent · Houston, TX · Member since 2014 · 5k+ posts · 6k+ votes
    6y
    Originally posted by @Jordan Pothier:

    Any good books that I are somewhat interesting and not crazy boring on tax loopholes?

    You should try stand-up comedy if you're able to keep a straight face with such request^^^

    What are you planning to do? Tax loopholes doing what exactly? Without knowing details for a more specific recommendation, try books by Sandy Botkin. 

    Personally, I'd hold on any paid seminars until you get some basics. Dyches Boddiford is awesome but his material is very advanced.

    1Reply
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    6y

    @Jordan Pothier

    NOLO's every landlord's tax deduction guide is a good book.
    Biggerpocket's also came out with a book a couple years ago written by Amanda Han. 

    [email protected]917-280-8544
    Basit Siddiqi CPA4.979 Reviews
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    1Reply
  • Jordan Pothier
    OP
    Specialist · Fayetteville, GA · Member since 2018 · 59 posts · 16 votes
    6y

    @Yonah Weiss thanks for the recommendation

    1Reply
  • Jordan Pothier
    OP
    Specialist · Fayetteville, GA · Member since 2018 · 59 posts · 16 votes
    6y

    @Michael Plaks I was more talking about tax loopholes pertaining to real estate, I kind of figured that trying to find some type of literature on the topic that wasn't boring would be next to impossible. Maybe there are podcasts or teachers that have some type of content out there that would help a newer player in the REI game. I have consumed quite a bit of literature on a lot of other topics relating to real estate but have been avoiding this topic because I recognize how boring it is and I have to have something that interests me in order to hold focus, thanks for any future info in advance!

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  • Jordan Pothier
    OP
    Specialist · Fayetteville, GA · Member since 2018 · 59 posts · 16 votes
    6y

    @Basit Siddiqi thank you I will definitely check that out!

    0Reply
  • Michael PlaksPro Member
    Tax Accountant / Enrolled Agent · Houston, TX · Member since 2014 · 5k+ posts · 6k+ votes
    6y

    @Jordan Pothier

    @Basit Siddiqi mentioned 2 decent books, and as I mentioned, Sandy Botkin's.

    2Reply
  • Roman Roy Barrett
    Rental Property Investor · Yakima, WA · Member since 2019 · 15 posts · 4 votes
    6y

    @Jordan Pothier loopholes of real estate Garrett Sutton

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