Product Description

Many people invest in real estate, from second homes to apartment complexes, condos, townhouses, and commercial buildings and realize a profit from doing so. However, real estate investors have begun to discover that there are a plethora of tax issues associated with buying and selling real estate. The Complete Tax Guide for Real Estate Investors will take the mystery out of these tax issues and even provide you with tax planning strategies. In this new book you will learn how to implement tax savings programs successfully to reduce or eliminate the resulting income tax from the sale of real estate, how to use the IRS tax code to your advantage through depreciation, how to set up annuity trusts and charitable remainder trusts, and how to avoid paying federal taxes. You will become knowledgeable about the different types of 1031 exchanges, including deferred exchanges, simultaneous exchanges, forward delayed exchanges, construction exchanges, reverse exchanges, two-party exchanges, and three-legged exchanges, as well as the advantages and disadvantages of each. Additionally, you will learn about capital gains taxes, tax and legal loopholes, recapture of depreciation, deferring taxes, reducing a home s tax basis, installment sales, tax liability, minimizing taxes on final divestment, stepped-up basis, taxation at the time of sale, and like-kind rules. It does not matter if you are a first time investor or a veteran of the real estate market; you will find valuable information, along with tips and tricks, in this book. Tax issues can strain resources and drain profits, but if you implement the strategies in this book you will be able to limit your taxes, thereby increasing your earnings.

Product Details

• Amazon Sales Rank: #307945 in Books
• Published on: 2008-09-03
• Original language: English
• Number of items: 1
• Binding: Paperback
• 288 pages

Customer Reviews

Increase your earnings
The Complete Tax Guide for Real Estate Investors breaks down a complicated and often intimidating subject into an easy guide for people looking to cut down the amount of taxes on their real estate investments.

This book explains everything from a dealer versus an investor to the different classifications of real estate to ways to cut taxes and increase earnings. The language is simple and easy to understand, and the book runs through the entire process from explaining what real estate is up through the time of the investment and after.

Even for someone that has never quite understood taxes in real estate, this book will give you the knowledge that you need to make wise investments that will pay you back for as long as you have them.

It's all legal
There are four types of real estate for tax purposes: For sale, For personal, For investment and For business. Find out how you can make money in real estate and reduce or eliminate the income tax from the sale. And it's all legal.

You'll find Chapter 19: 24 Steps to Successful Tax Free Investment to be helpful; it covers the benefits of using 401K, OPI, or IRA to avoid giving your real estate investment profit away.

The complete Tax Guide for Real Estate Investors provides a Step-by-Step guide to investing in real estate. Whether you are just starting out or are a long-term investor, this guide provides tips and secrets to help you make a profit.

Great insider scoop
Whether you're a seasoned Real Estate investor or a newbie looking for answers, this book is a helpful resource in the often confusing world of taxes and investment properties. Beginning with basics (What is Real Estate? Who are Investors?) and moving to the complex (How various Trusts and Tax Codes operate, plus expert advice,) this really is a step by step guide.

One of the best parts of this book is its "Facts vs. Myths" section. Taxes and investments are tricky business, and often the facts get skewed by popular opinion. Here, however, experts lay out the basics in a no-nonsense way.

Also, form numbers and exact paperwork suggestions really help investors to know exactly the steps to take for maximum profit and ease. Without a handy guide like this, investors would be searching for answers all over - but here we have everything in one place, written in a straightforward and matter-of-fact style.