đ§Ÿ Real Estate Tax Strategist
Volume 1, Issue 1 â Tax Savings Tips For Real Estate Investors
Each month, we bring you handâpicked tax tips tailored for real estate investorsâfrom mustâknow 1031 insights to clever ways to optimize your returns. Whether you own one rental or a portfolio of properties, these stories can help you legally outsmart the IRS and keep more of what you earn.
đ Cost Segregation and Bonus Depreciation
After the Tax Cuts and Jobs Act of 2017, cost segregation paired with 100Â percent bonus depreciation has emerged as the ultimate strategy for real estate investors looking to supercharge their tax savings. By breaking down a propertyâs components into shorterâlife asset classesâ5, 7, and 15âyear propertyâyou can turn what would ordinarily be about $30,000 in annual depreciation into over $300,000 of firstâyear writeâoffs. Note currently the amount of bonus depreciation you can take is less than 100%. This does not change the taxâsavings power of this type of depreciation.
Failing to leverage this âsecret sauceâ can leave you with a significantly higher federal tax bill, reduced cash flow, and eroded afterâtax yieldsâpotentially costing you tens of thousands of dollars every year.
đ (424) 277â6763  | đ§ exchangeservices@EPC1031.com  | đ www.epc1031.com
đĄ Use Your IRA to Pay Estimated Taxesâand Skip the Penalties
Missing quarterly estimated tax deadlines can lead to penalties. But thereâs a smarter optionâwithholding from a retirement account. This article shows how using IRA withholding late in the year can satisfy your estimated tax obligationâwith no penalty, and fewer deadlines to worry about.
đ (310) 000â0000  | đ§ JojoRealtor@yourdomain.com  | đ www.Jojorealtor.com
đ Selling Vacant Land? You Can Defer Your Capital Gains Tax with a 1031 Exchange
Have vacant land? You could turn it into a tax-saving opportunity. In this informative article, Paul Getty of FGG1031 explains how landowners can complete a 1031 exchangeâeven without rental incomeâand how to structure it properly.
đ (000) 000â0000  | đ§ info@fgg1031.com  | đ www.fgg1031.com
đ§Ÿ Is Your Tax Return a Mystery? Start with Schedule A
Tax returns can feel like a mazeâbut you know more than you think. This month, we dive into Schedule A: Itemized Deductions to help you spot errors in charitable contributions and other common writeâoffs. A mustâread for investors who want more control over their tax picture.
đ (000) 000â0000  | đ§ Info@MaxesTaxes.com  | đ www.MaxesTaxes.com
âł How Long Do I Have to Hold Properties Bought in a 1031 Exchange?
Itâs one of the most asked questions: how long do I need to hold the property I buy in an exchange? The IRS doesnât give a numberâbut they care deeply about your intent. Learn what that means, and how to protect yourself.
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