Tax Benefits and Changes Every Investor, Business Owner, and Individual Should Know About

Tax awareness becomes even more important as your income increases, you branch into new investments and/or new business ventures. That’s why we love investing in real estate - there are several tax laws designed to give you a boost when you invest in this arena. That’s why we partnered with real estate and business focused CPA Eric Freeman on this article to share the top tax benefits and changes for 2023 that every investor and business owner needs to know about.

TipsGuest UserDecember 15, 20222023 tax saving strategies, how to save on taxes investing in real estate, how to reduce tax liability, tax advantages of investing in real estate

What it Takes to Get Real Estate Professional Status and Why it Matters for Passive Investing

Real estate professional status is a code set in place by the IRS to benefit high-income investors when tax season rolls around. While REPS may not be for everyone, as it requires a great deal of documentation and specific requirements, it is a commonly used tool for investors looking to minimize their tax burden.

Passive Investing, TipsElisa ZhangMay 4, 2022real estate professional status, how to save on taxes investing in real estate