Have questions about tax deductions? Sign up for a free consultation with my team to get your questions answered. 👉 https://aba.link/9i0
In this video, we break down the top 9 tax deductions for real estate investors to help you save money and maximize your returns.
First, we provide a 10,000 ft view of the three types of income that typically arise from real estate investing:
– Rental income (ordinary income with a federal tax rate of 0 to 37%)
– Capital gains from selling property (0 to 20%, with possible additional tax)
– Depreciation recapture (capped at 25%)
If you want to take your real estate business to the next level and keep more of your hard-earned money, this video is for you!
🔔 Don’t forget to subscribe for more insights on real estate investing and business strategies!
Show Notes:
0:00 Intro
3:28 Repairs
7:00 Professional Fees
7:45 Property Taxes
8:26 Wages, IC, Management
9:37 Mortgage Interest
10:58 Depreciation
14:29 Capital Gain Exclusions
17:00 Active/ Real Estate Professional
18:46 Home Office
———————————————————————————————————
SUBSCRIBE
https://aba.link/subscribe
~~~~
FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/i9n
TAX TUESDAY LIVE
Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/epr
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
https://aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
📚 Order Your Copy of “Infinity Investing: How The Rich Get Richer And How You Can Do The Same” Here: 👉👉 👉 https://aba.link/IIWbook
Order Your Copy of ”Tax-Wise Business Ownership” and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop
Visit Anderson Advisor’s website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba
~~~~
FOLLOW US:
Instagram: https://aba.link/instagram
Facebook: https://aba.link/facebook
Twitter: https://aba.link/twitter
LinkedIn: https://aba.link/linkedin
TikTok: https://www.tiktok.com/@tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
———————————————————————————————————
WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#realestatetaxtips #realestatetaxdeductions #taxdeductions #realestateinvesting #realestate
source
