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My favorite tax accountant Tom Wheelwright likes to say, “if you’re a real estate investor and you’re paying taxes, then you’re doing it wrong.” One of the top benefits of real estate investing is the enormous overall implication on your tax burden.
In this video, I’m sharing eight deductions your tax advisor should be accounting for. I’ll talk about expenses like travel, education, and much more. If you want to make sure you have all your bases covered in order to lower your taxes, this video is for you!
You’ll learn about eight specific deductions you should be looking for in order to offset your income and maximize your tax benefits. I’ll talk about travel, depreciation, home office, and much more. Press play to learn about eight tax deductions for real estate investors!
Show notes page for this episode: morrisinvest.com/episode225
ProVision Wealth Strategists: https://goo.gl/BPr1cK
EP022: How to Maximize Depreciation – Interview with Tom Wheelwright: http://morrisinvest.com/episode22
EP109: How to Write off Date Night on Your Taxes: http://morrisinvest.com/episode109
EP202: How Your Kids Can Invest in Real Estate with an IRA: http://morrisinvest.com/episode202
Tom Krol Wholesaling: The Easiest and Fastest Way to Make Money in Real Estate: https://goo.gl/SB4cyY
Home Office Deduction – IRS: https://goo.gl/Z9MmHV
BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj
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