You’ve decided that it’s time to try your hand at real estate investing. You’ve read about the potential tax savings and you want to give it a try…great! But before you jump in, there are a few important things you should think about to ensure you’re protecting your personal assets and optimizing your tax position.
Updated: 7 Important Tax Benefits of Real Estate Investing
Zinner & Co. Tax Team investments , real estate , income tax , Tax Cuts and Jobs Act of 2017 , 1031 ExchangeInvesting in real estate is a great way to develop wealth and improve your cash flow. In addition to the benefits of receiving monthly rental income, you can also potentially realize some significant tax benefits.
Domestic Bliss: What You Need to Know Before You Convert Your Primary Residence to a Rental
Richard Huszai, CPA investments , Taxes - Individual , Richard Huszai, CPAFor many, being in the position to either sell your primary residence or rent the property is a powerful one. Rental income can be a great additional source of income and the investment, if managed properly against the rest of one’s financial portfolio, can contribute to a nice tax shelter.
Taxable versus Tax-exempt Investments
Zinner & Co. investments , Taxes - Planning, Rules and ReturnsPosted by: Michael Hermes, Tax Senior
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