Ready to explore the ins and outs of smart investing? In today’s episode, we’re diving deep into the tax advantages of investing in real estate syndications with our expert guest, Dr. Mike McManus.
Mike breaks down essential concepts like depreciation, bonus depreciation, and the real estate professional status, emphasizing why it's crucial to understand these strategies for maximizing your investment returns. He highlights the importance of working with a skilled tax professional who can help you navigate these benefits effectively.
But that's not all—Mike also shares insights on the long-term growth potential and significant tax savings that real estate investments can offer. Plus, he encourages you to engage with us on social media, sharing your own questions and concerns about tax benefits in real estate.
These insights will equip you with a deeper understanding of leveraging real estate syndications for optimal tax benefits and long-term growth.
What you’ll learn from this episode:
Learn how depreciation allows investors to deduct the property’s wear and tear over time, reducing taxable income.
Discover how qualifying as a real estate professional can open up additional tax benefits, allowing you to offset passive losses against active income.
Understand the mechanics of 1031 exchanges, which enable investors to defer capital gains taxes by reinvesting profits into another property.
Cost Segregation Strategy
What to anticipate soon, stay tuned!
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at welcome@thefortresscapital.com | TheFortressCapital.com
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