Want to pay LESS tax on your rental properties? 🚨
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Want to pay LESS tax on your rental properties? 🚨
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Full video on my YouTube!
https://youtu.be/CTzChknzjJ4
Want to pay LESS tax on your rental properties? 🚨
The rules on depreciation, write-offs, and avoiding capital gains are confusing—but they can save (or cost!) you thousands. We just put a tax expert in the hot seat to answer the toughest questions.
Here are the 3 must-know topics we covered:
DEPRECIATION: How long should you hold a property to maximize your write-offs, and what is the recapture cost?
THE EXPENSE SECRET: We break down the difference between a repair (instant write-off!) and an improvement (depreciated over years). Don't confuse the two!
1031 LEGACY: The strict timelines to defer taxes + how "stepped-up basis" can wipe out taxes for your heirs.
Tune in and make sure you're not making the biggest tax mistake that could jeopardize your next deal!
Louie Vazquez III / 714-440-4839
https://www.profitwealthtaxadvisors.com/
Meghan Shigo, Realtor
Century 21 Affiliated
DRE 01243803
#meghanshigo #taxes #realestate #realtor #homebuyingjourney #anaheim #downtownanaheim