Tag: Taxes Featured Post
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Cost Segregation Study: How It Works For Real Estate
Cost Segregation Study: How It Works For Real Estate If you decide to invest in real estate, then you’ll quickly realize that you’ll potentially face several costs, such as: purchase price of a property renovation expenses land improvements Fortunately, a cost segregation study can help investors reduce their tax liability and free up cash for future investments.…
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Top Advantages Of Real Estate Professional Tax Status
Top Advantages Of Real Estate Professional Tax Status Real Estate Professional Status (REPS) gives individuals unique tax benefits that can significantly impact their financial outcomes (especially physicians and dentists). The Internal Revenue Service (IRS) sets strict guidelines to qualify for real estate professional tax status, which offers distinct advantages in reducing taxable income. Achieving REPS can be…
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Short-Term Rental Tax Strategy For High-Income Earners
Short-Term Rental Tax Strategy For High-Income Earners If you’re a high-income earner, then it’s safe to say that taxes are your biggest expense. As a periodontist, I’m constantly on the lookout for ways to lower taxes for my Investor Group. (If you’re an accredited investor and want access to my personal deal flow, which provides tax…
