Active vs. Passive Income: Understanding Real Estate Investment with Derek Fujikawa
Real estate investment is a popular and proven way to build wealth and achieve financial goals. However, it's important to understand the difference between active and passive income when it comes to real estate investing. In this blog post, we'll explore these distinctions, examine real estate tax benefits, and provide tips for maximizing your investments.
Tax Implications of Flipping Houses: What you need to know with Derek Fujikawa
Flipping houses can be an exciting and profitable venture, but it's essential to understand the tax implications before diving in. This blog post will explore the tax consequences of flipping houses, including the impact on your income and strategies to minimize taxes on your profits. We'll discuss information gathered from a conversation with tax expert Derek, who has a diverse range of clients involved in house flipping.