Finding wealth through investing in property depends on knowledge, a good plan and building a team of advisors and mentors who can provide expert guidance. By examining the three keys to successful real estate investing - selection, taxation and protection - this book shows what it takes.
In easy-to-follow and straightforward language, this guide teaches business owners how to pay only those taxes which are due to the government - and save the rest. By learning the rules that the wealthy play by, business owners can take advantage of legal tax deductions.
Increase Your Profits and Lower Your Tax Bill with Tax Loopholes for Every Investor The Insider's Guide to Real Estate Investing Loopholes reveals all the best and most effective tax loopholes that successful real estate investors use to maximize their profits. Completely updated with over fifty percent new material, this Revised Edition also covers all the new tax laws, and features new and updated case studies and examples. Real estate is probably the best investment money can buy, in part because there are so many profit-maximizing tax loopholes that directly benefit real estate investors. In this practical and straightforward real estate classic, bestselling authors Kennedy and de Roos show investors how to increase their investment profits and use real estate as a legal tax shelter. Inside, you'll find practical guidance and trustworthy advice * Tax loopholes that turn your home into a profit center * Tricks for using your vacation home as a tax-savings investment * Real estate investment strategies for taking advantage of international tax laws * Creative cash flow techniques for increasing your investment's profitability * How to cut taxes through the 1031 tax-free exchange, pension funds, real estate loss deductions, homestead exemptions, and joint tenancies * Real estate pitfalls and how to avoid them * And much more
Smart Steps to Building Your Wealth Through Property
Start building your fortune with the ultimate insider's guide to real estate investingThe Insider's Guide to Making Money in Real Estate explains why real estate is a consistently profitable moneymaker and how everyday people just like you can build their fortune regardless of their credit score or how much money they have in the bank. It's true--you don't have to be rich to invest in real estate. It's the easiest, most leveraged method for building sustainable wealth over time, and it's open to everyone.In this practical, nuts-and-bolts guide, New York Times bestselling real estate authors Dolf de Roos and Diane Kennedy cover all the basics of investing and offer the kind of insider advice and little-known tips you won't find anywhere else. You'll get a wealth of bright ideas and smart investment moves, as well as examples, case studies, and true investing stories from successful investors just like you. Inside, you'll learn:* The ins and outs of commercial versus residential property* How to spot great bargains in neighborhoods with great potential* How to finance your investments with less-than-perfect credit* Quick tips for increasing the value of your property inexpensively* How to find reliable tenants who'll pay top dollar* Everything you need to know about property taxes and deductions* How to use tax benefits to increase your profits