Owning rental property is a smart investment—maximize your returns by optimizing tax deductions. Key deductions include mortgage interest, property taxes, and repairs. Strategies like home office deductions and cost segregation, paired with thorough record-keeping, can significantly reduce your taxable income while staying compliant with IRS guidelines.
Investors often hear that transferring ownership of a rental property into a limited liability company (LLC) is a smart move for asset protection. And it is—when done correctly. But if you follow common internet advice and simply "quitclaim deed" your...
I still remember the first time a client asked me, "What assets do I need to put into my living trust?" It was a simple question, but behind it was the same confusion I hear repeatedly from investors, business owners,...
If you’ve been following the headlines, you’ve probably heard about President Trump’s Big Beautiful Bill Act, his latest proposed tax plan. It’s an ambitious 1,116-page proposal designed to extend and expand many of the tax benefits from the 2017 Tax...
Would you like to know how to protect your real estate from creditors, tenants, and predatory lawsuits? The reality is, creditors can’t seize what they can’t find. The most reliable form of asset protection for real estate investors is not...
If you’ve gone through the process of setting up a living trust or land trust, congratulations—you’re one step ahead in safeguarding your assets and planning for the future. But here’s the catch: if you haven’t funded your living trust or...
Financial disputes can arise unexpectedly, and unfortunately, those with visible wealth are often the ones who get targeted the most. Whether it’s frivolous lawsuits, shady lawyers, or shakedown artists, individuals who appear to have substantial assets are at a higher...
When it comes to saving money on taxes, being proactive is essential—especially in the realm of real estate tax planning. In this article, I’m revealing five powerful tax hacks to help you save more in 2025. Whether you're a real...
When it comes to estate planning, many people believe that having a Will is enough to ensure their assets are distributed according to their wishes. However, a Will alone doesn’t prevent your estate from going through probate court—a lengthy and...
When it comes to asset protection for real estate, forming a limited liability company (LLC) is a powerful tool. However, as Clint Coons explains in his latest YouTube video, many real estate investors and business owners make critical mistakes when...
Real estate investors often seek tax deductions for renovations, but many miss a key strategy that could double their savings. If you’re planning a remodel on a rental property, you might be missing out on significant deductions simply because of...
Forming an LLC for rental property ownership is a popular strategy among real estate investors, but with popularity comes a fair share of myths and misconceptions.
Owning rental property is a smart investment—maximize your returns by optimizing tax deductions. Key deductions include mortgage interest, property taxes, and repairs. Strategies like home office deductions and cost segregation, paired with thorough record-keeping, can significantly reduce your taxable income while staying compliant with IRS guidelines.
