Jake and Gino Multifamily Investing Entrepreneurs

How To Save on Taxes Through Real Estate Investing

03.13.2023 - By Jake & GinoPlay

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In this video, we'll explore the various ways you can save on taxes through real estate investing. Real estate is one of the most tax-advantaged investments you can make, but many investors aren't aware of all the tax benefits available to them. We'll start by discussing depreciation, which is one of the most powerful tax benefits of real estate investing. Depreciation allows you to deduct a portion of the cost of your investment property from your taxable income each year, which can result in significant tax savings. Next, we'll talk about 1031 exchanges, which allow you to defer capital gains taxes when selling one investment property and purchasing another. We'll also explore the benefits of investing through a self-directed IRA, which can provide additional tax advantages. Finally, we'll cover a few other tax-saving strategies, such as taking advantage of deductions for expenses related to your rental property and using a qualified business income deduction if you invest through a pass-through entity. Whether you're a seasoned real estate investor or just getting started, this video will provide valuable insights into how you can save on taxes through real estate investing. So, grab a pen and paper, and let's dive into the world of real estate tax savings! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

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