Cost Segregation: Maximizing Tax Savings for Real Estate Investors
Cost segregation is a tax strategy that allows real estate investors to maximize their tax savings by identifying and classifying assets within a property. By dividing the costs of these assets into shorter depreciation periods, investors can offset their rental income and other sources of income, reducing their overall tax liability. This strategy is particularly beneficial for individuals with W2 jobs and short-term rental properties, as it helps to offset their income and lower their tax burden.
How Kay Cabuco Bought $12M Worth of Businesses with No Banks
Kay Cabuco, an immigrant from Laos, has achieved an incredible feat of buying two auto businesses and two care home facilities in just three years. With a total worth of over $12 million, Kay's journey into entrepreneurship is both inspiring and impressive. In this blog post, we will delve into Kay's background, her decision to leave her nursing career, and how she ventured into buying businesses.
Unveiling the Best Real Estate Investing Deals and Lessons Learned of 2023!
Gain valuable insights from the top real estate investors of 2023 as they share their success stories, favorite deals, and lessons learned. Discover their secrets to achieving financial freedom through real estate. Don't miss out on this exclusive interview series!
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.