The Hidden Tax Benefits of Owning Rental Real Estate

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Real estate investors have access to some of the best tax benefits available, thanks to the U.S. tax code, which incentivizes real estate investing. But, most people do not know these tax benefits because they are generally not taught in school unless a person specifically studies taxation or accounting.

In this video, tax expert Karlton Dennis explains all of the key hidden benefits of real estate investing. He goes into detail about five of the most important of these benefits and explains them in simple language that makes it easy to understand. Karlton also provides an explanation for why these tax benefits exist in the first place of real estate investors.

Some of the key tax benefits for real estate investors that Karlton discusses include being able to deduct depreciation, and being able to deduct other expenses such as travel and marketing. This video is potentially beneficial for anyone who wants to learn how to use real estate investing to lower their tax bill.

CHAPTERS:
0:00 Intro
0:30 Why Does Real Estate Investing Have Great Tax Benefits?
1:52 Tax Benefit #1: Depreciation
4:18 Tax Benefit #2: Accelerating Depreciation
5:34 Tax Benefit #3: Other Deductions for Real Estate Investors
6:25 Tax Benefit #4: Offsetting W-2 or 1099 Income
8:02 Tax Benefit #5: Step-Up in Basis
9:28 Subscriber Question!
11:16 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#rentalproperty #passiveincome #incomeproperties

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