Tax Strategies For Real Estate Investors

Here is a checklist of some of the more important strategies you can do to save taxes and thus increase your wealth as a real estate investor.

1. UNDERSTAND THAT SAVING TAXES ACCELERATES WEALTH: Know why saving taxes makes you wealthy and is well worth the effort.
2. SELECT THE RIGHT ENTITY: Start off with the right form of ownership.
3. AVOID IRS: Employ "Audit-Proofing" Techniques To Be Free of The Worry & Costs of IRS Intervention.
4. AVOID INEPT CPA’S: Fire-Up, or Fire Your Tax Advisor.
5. DO NOT OVERTAX RENT INCOME: While it is Ordinary Income, Rent Income is Not Subject to Social Security taxes.
6. CREATE VALUABLE DEPRECIATION DEDUCTIONS: Substantially Increase Depreciation Deductions Via Componentizing (Cost Segregation Analysis).
7. GENERATE REPAIR DEDUCTIONS: Employ Strategies To Reclassify Rehab Improvements Into Fully Deductible Repairs.
8. REAP MORE DEDUCTIONS: Employ Strategies To Find Overlooked Deductions For More Savings.
9. AVOID PASSIVE LOSS LIMITATIONS: Deduct Unlimited Property Tax Losses Even if Over $25,000 or Your Income is Over $150,000 by Being a Real Estate Professional.
10. AVOID BEING A DEALER: The First Planning Strategy For Reducing Taxes On The Sale of Property At A Taxable Gain – Is to Avoid Costly Dealer Status.
11. SELL YOUR PROPERTIES TAX-FREE: Avoid Paying Capital Gain Taxes On The Sale Or Disposition of Property.

For a detailed discussion of the above points, visit the link below-

11 Powerful Strategies for Real Estate Investors

Tax Strategies for Real Estate Investors

1031 Exchanges

Last Updated May 2, 2015