Tax law is complicated, but in this podcast, I’m going to try to break down some of the ways you can use these benefits to your advantage.
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Now, let’s look at what we discussed in this episode:
- 4 ways to make money through investing in real estate
- 7 tax benefits of investing in real estate
Here’s a breakdown of how this episode unfolds…
Rental income, just so you know, it's not subject to social security medicare taxes.
If you refinance, then you are able to borrow against what is called depreciation and the increased equity of a property tax-free. You can actually refinance your property, take some cash out, you can use those funds for other investments, and acquire more properties and that's not a taxable event.
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