You’ve heard it before, and you’ll hear it again: One of the best things about real estate investing is the amazing tax benefits.
But if the Tax Code isn’t your idea of pleasure reading, what do you do? How do you know if your CPA is catching all of the possible loopholes — loopholes that could save you thousands in taxes? And are there proactive strategies you should be using to set yourself up for huge tax benefits down the road?
Whether you’re just starting to build that rental portfolio or you’re a seasoned investor with questions about structuring your growing empire, this book is for you! Written by CPA extraordinaire and long-time BiggerPockets blogger Amanda Han, The Book on Tax Strategies for the Savvy Real Estate Investor is the latest addition to the BiggerPockets publishing library, and I’m thrilled to introduce what I’m sure will be an amazing resource for anyone looking to dramatically reduce their tax bill this year — and in years to come.
What You Can Expect From This Book
Not only is this book packed with useful, actionable information for real estate professionals of every niche, but you may be surprised to learn that The Book on Tax Strategies might just be the least boring tax book ever written. Instead of simply listing tax loopholes and strategies, Amanda has laid out a collection of real-life case studies pulled from her years of experience helping clients navigate real estate Tax Code.
Wondering whether you can use that home office deduction? Curious about the ins and outs of self-directed investing? Simply want to find out about loopholes you had no idea existed?
This book covers all of that, and much, much more in easy-to-understand stories, charts, and explanations — plus a bunch of bonus materials, including frequently asked tax questions and how to know when to call your CPA.
As April approaches, we’re again reminded that love them or hate them, taxes are here to stay. So why not take some time to ensure you’re maximizing all of the incredible benefits real estate has to offer?
Will you be picking up a copy of this book before tax season?
Let me know what you think with a comment!