Furthermore, it’s important to standardize here as much as possible. Use the same few paint colors and flooring so it’s easier to match. And look into buying in bulk when possible for additional savings.
Take Advantage of Real Tax Benefits
There are a lot of tax advantages for long-term real estate investors: depreciation, cost segregation, carried forward loss, 1031 exchanges, stepped up basis, etc.
Make sure you and your accountant are taking advantage of all of these to keep your income taxes low or nonexistent.
Post Comment