Want to know how to pay less taxes? And no, we’re not talking about taking all your rent payments in cash, buying a million-dollar “business yacht,” or disappearing abroad. There are EASY ways to legally avoid paying taxes, especially if you invest in real estate. The problem? Most landlords don’t know what to do during tax time. And when you’re filing your own taxes, many questions can go unanswered, along with DOZENS of deductions left behind. So stick around if you want to keep more money in your pocket and pay less to Uncle Sam!
Amanda Han and Matt MacFarland aren’t just a couple of CPAs; they invest in real estate themselves. But, because they understand the inner workings of the tax code, they know EXACTLY how to reduce your income taxes without any funny business. If you follow the five steps in this video, you can pay fewer taxes, keep more money at the end of the year, and reinvest for early retirement faster!
Are you using any of these steps to lower your taxable income? Have any other tips that could help fellow real estate investors? Let us know in the comments below!
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Grab Amanda and Matt’s Books:
The Book on Tax Strategies for the Savvy Real Estate Investor:
The Book on Advanced Tax Strategies:
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Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes:
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2023 Real Estate Tax Write-Offs, Loopholes, and How to Pay Less Next
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Rich Dad’s CPA on How ANY Investor Can Avoid
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Connect with Amanda and Matt on BiggerPockets:
Amanda:
Matt:
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Recommended Reading >> bit.ly/32kRpzw
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