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Guidebook: Year-Round Tax Strategies – What Every Investor and Landlord Needs to Know

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Guidebook: Year-Round Tax Strategies – What Every Investor and Landlord Needs to Know

2021-02-16

Aside from accountants, most of us don’t feel much joy when tax season rolls around. For landlords and investors, the rules and regulations can seem especially complicated. But the upside is, that the saving opportunities for landlords are also immense, it’s just about knowing where to find them.

The key to taking advantage of those savings - and to filing correctly - is about knowing exactly what to look for, and ensuring that you are organized far in advance. You don’t want to be scrambling for deductions and missing essential items when it comes time to file. Analyzing the particulars now can help save you from a big headache by the end of the year.

Fortunately, we’ve done all of the work so you don’t have to.

In this guide, we will look at:

  • What Counts as Rental Income - It’s important to realize that there are multiple sources of funds that could be considered rental income, not simply the rent you collect. We will break down each source of income for you and specify what counts according to taxation laws. It’s a factor you don’t want to miss out on, or you could be dealt some hefty fines.

 

  • Deductions for Landlords - Rental property can help you to save at tax time! There are many tax deductions that are available for landlords that can help to reduce their bill when tax time rolls around. In fact, it’s not uncommon for profitable landlords to show a loss on their tax return at the end of the year, thanks to one of the biggest tax deductions: depreciation. In this guide, we’ll explain how depreciation works, and highlight different deductions that you may be eligible for.

 

  • Tips for a Smooth Filing Experience - As you know, it’s not as easy as just entering the numbers! We’ve got the tips and tricks to help you get this done faster and with more savings in your pocket and to help keep you organized year-round. 

 

 

We’ll also take an in-depth look at end-of-year strategies that you can employ, some of which can help you to lower your tax bill.

 

Reduce the stress of tax time. You don’t have to wait until the deadline to start getting prepared. When you’re organized and know what to expect, you don’t have to dread tax season at all. 

Our tax guide is essential reading for first-time and experienced investors alike. We’ve done the work so you don’t have to. Find out how you can save when tax time rolls around. Be sure to claim your FREE guide -- today! 

Download the Free Guide


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