Powerful techniques anyone can use to deduct invest smarter and pay far less to the IRS Are you dreading tax season Not sure how to maximize deductions for your real estate business CPAs Amanda Han and Matthew MacFarland share the practical information you need to not only do your taxes this year but to also prepare an ongoing strategy that will make your next tax season that much easier It s time to take control of the bookkeeping practices for your real estate business Start saving thousands with a great tax strategy In this book you ll learn Creative methods to maximize your tax deductions Clever ways to write off your kids Strategies to write off every penny on your travel Easy tips and tricks to cut down on bookkeeping time Simple procedures that will protect you from an IRS audit And much The Book on Tax Strategies for the Savvy Real Estate Investor Powerful Techniques Anyone Can Use to Deduct More Invest Smarter and Pay Far Less to the Irs Amanda Han and Matt MacFarland of Keystone CPA Inc specialize in cutting edge tax saving strategies for real estate investors across the United States They are both members of the prestigious American Institute of Certified Public Accountants and as real estate investors themselves Amanda and Matt have extensive experience in real estate related tax strategies entity structuring and self directed investing Their passion for educating investors has brought them to many national platforms on which they teach tax strategies and self directed IRA investing including NBC News Radio Talks at Google and Realtor Magazine Their first bestselling book Tax Strategies for the Savvy Real Estate Investor has sold over 30000 copies. Fun and easy to read book on a very unfun and difficult topic The authors used great real life examples that helped me clearly understand the issue and possible solution Must read for all real estate investors English If you re new to real estate investing or unfamiliar with IRS tax regulations this is a great book for you However for the privy investor most of these strategies are very basic some of them aren t even worth the tax savings in terms of the opportunity cost of your time needed for documentation I did learn a couple small things though I m really looking forward to the sequel The Book On Advanced Tax Strategies English Just like the title says this book has tax strategies for the US based real estate investor There are real life anecdotes to make the in other books possibly dry information interesting reading Recommended for those getting started in real estate investing or those in real estate investing who want to make sure they are not overpaying on their taxes by taking every tax deduction they possibly legally can English Although there are a couple gems in this book this is a far cry from the typical Bigger Pockets no nonsense cover to cover practical guide book This book hardly covers any comprehensive tax strategies and wastes valuable pages with anecdotes that are tedious to get through to find the couple senses of advice Besides a couple good pointers this book can be simplified into find a good tax advisor Definitely NOT for the savvy real estate investor English Great book I loved it It really gives strategies and a lot of valuable information unknown to most people unrelated to the taxes field Easy to understand and digest it provides data but also examples and stories And very solid advice on proactive tax planning for real estate it open a ton of posibilities for me Loved the intro This book is dedicated to real estate investors everywhere May this book bring you the power and knowledge needed to keep of your hard earned money every year English Fairly basic Not a lot here that wouldn t already be known by someone who s had exposure to real estate English This book is ok It took me 30 minutes to read the whole thing most of it is fluff. It sells hype and provides half truths The book is full of fussy feel good stories People like that This is done by salesmen effectively Tax liability They know no one pays the federal tax bracket the effective tax rate is not the same than you tax bracket This is misleading information Come on that s a cheap trick for gullible people People do not work until april to pay taxes That s a ridiculous and a misrepresentation of the truth Shame on you Short sale example A bank made a mistake on a short sale and bill the whole amount Another half cooked truth to feed hype. 9K by hiring their kids Come on see cheap trick above regarding misleading information It s true many people do not know what their actual effective tax rate may be The only thing to rescue in the book is the comment about the LLCs use it or it s worthless it won t even protect your assets If you want to learn about taxes get the NOLO book on real estate This is a waste of your time if you want to learn something useful English I ve been a CPA for 20 years and also invest in real estate I picked up this book as much out of curiosity as anything else It is perhaps one of the best written books for the non practitioner out there If you are new to real estate investing this is a MUST read While you likely can t prepare a Schedule E off the book you will get good advice on what to discuss with your tax preparer and how best to document and look for deductions The book is written in normal English using stories instead of code sections There s not a ton of numbers but there are a ton of useful tips and principles that anyone can followespecially if you hate taxes Even the experienced investor or practitioner may pick up a few tips along the way I did A great addition to the library English Great book for anyone in real estate of planning to go into it Easy to understand and has some really valid legal and mostly to me anyway unknown ways to save on future taxes and also to plan for the future Fantastic English Nerdy good read on how to keep your hard earned money and not be ripped off by Uncle Sam who is not really any relative of yours that you owe much too Americans lose up to 1 3 to 1 2 of their earnings yearly to taxes Ask what you get in return from your government English
The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful Techniques Anyone Can Use to Deduct More, Invest Smarter, and Pay Far Less to the Irs! By Amanda Han |
0990711765 |
9780990711766 |
English |
191 |
Paperback |