🚀 Unlock the power of real estate investing with tax strategies that work for you! 🏡 Spencer Carroll, CPA breaks down how to reduce your income tax through real estate in this quick video—whether you're new to real estate or a seasoned investor, these strategies are key: 1️⃣ Cost Segregation 🪓 2️⃣ Real Estate Professional Status (REPS) 👨💼 3️⃣ Short-term Rental Loophole 🏠 Curious if you're maximizing these advantages? 🤔 Or ready to dive into real estate investing? Gelt has you covered! Watch Spencer's video to get started 👉 #RealEstateInvesting #TaxStrategies #Gelt #WealthBuilding #REInvestors
🏡 Real estate investing and your taxes - how the wealthy reduce their income tax: Real estate is a great investment. It's made a lot of millionaires through cash flow and appreciation. But it's also super tax-advantaged. 🙌 Some tax strategies to consider: 1. Cost Segregation 🪓 2. Real estate professional status (REPS) 👨💼 3. Short-term rental loophole 🏠 All of the above deserve a more detailed explanation in separate posts, but this video is a good introduction. If you're a RE investor wondering if you're taking full advantage, or want to get into RE investing, Gelt can help. https://lnkd.in/epJJds8k #tax #taxstrategy #taxplanning #realestate #REI