Posts filed under: Taxes

Taxes

You Can Save Thousands On Your Short-Term Rental Taxes By “Accelerating” Depreciation

In this article Over the past few years, STRs have created quite the buzz. The ability to remotely manage a high-income property attracted many high-income earners to various STR markets across the U.S. But there’s another reason investors flocked to STRs: the... Read More

What Investors Need to Know About Rental Income Taxes

In this article If you own rental real estate, you must be aware of tax responsibilities on the federal, state, and (in some cases) local levels. With this knowledge, you can ensure that all rental income is reported on the applicable... Read More

Is Home Insurance Tax Deductible?

In this article One major benefit of real estate investing concerns the various tax deductions available. While homeowners’ insurance premiums for your residence are not tax-deductible, as a real estate investor, you are able to deduct homeowners insurance premiums on a... Read More

Are HOA Fees Tax Deductible?

In this article Claiming tax deductions on homeowners association fees allows property investors to reduce the amount they pay on taxes. But you may wonder if all HOA fees are tax deductible on your primary residence or second home, or if... Read More

Are Property Taxes Deductible: A Guide for Real Estate Investors

In this article Paying property taxes can feel like an incredible burden, especially when you own rental properties. Operating expenses, financing costs, and property taxes can feel like they take any profits you’d earn from your rental property, making it difficult... Read More

Form 8825: How to Accurately Track Your Rental Income and Expenses

In this article Although filling out IRS tax forms each year isn’t any fun, it is a necessary part of real estate investing. Thankfully, the tax forms for rental properties aren’t complicated. If you are investing as a member of a... Read More

NAICS Code For Real Estate: What It Is & How To Find It

In this article As a real estate investor, you should understand the NAICS code that relates to your industry. This article discusses the finer details of this code system and its impact on your business.  What Is a NAICS Code? The North American Industry... Read More

Is Your Tax Strategy Leaving Your Real Estate Business Vulnerable?

In this article Real estate investors want to avoid unnecessary taxation, and while there are many clever ways to reduce your effective tax rate, it can be difficult to simultaneously achieve robust asset protection. That’s because accountants and attorneys each have... Read More

How You Can Start Buying Real Estate Using Your 401(k) or IRA

In this article Did you know you can buy real estate in your IRA or 401(k)? Most real estate entrepreneurs are unaware of how easy it is to buy real estate in these accounts.  Welcome to the world of Real Estate IRAs. 1.... Read More

9 States With No Income Tax

In this article State income taxes are often a complex topic with major implications for real estate investors. Placing your money in states without income tax may be a smart idea and allow you to keep more money in your... Read More
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