Thankfully, you don’t have to take our word on these tax deductions! With us are Amanda Han and Matt MacFarland from Keystone CPA. Not only are these two experts in real estate accounting, but they are also investors themselves, so they’re using the exact strategies they mention in this video! As Amanda and Matt so perfectly point out, avoiding taxes isn’t just about paying less money to the government, but about reinvesting into your own business so you can hit financial freedom.
Are these tax deductions a regular write-off on your taxes? If not, how much do you think you could reinvest with these newly-found deductions? Let us know in the comments below!
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20 Can’t-Miss Rental Property Write-Offs:
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How Does Rental Property Depreciation Work?
https://www.biggerpockets.com/blog/beginners-guide-depreciating-investment?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Amanda and Matt on BiggerPockets:
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Matt: https://www.biggerpockets.com/users/macfarland?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
00:24 How Much Do You Pay in Taxes?
01:11 Is It Wrong to Avoid Taxes?
02:01 Overlooked Tax Deductions
03:46 Depreciation Write-Offs
05:10 Supercharging Your Income