Depreciation and Tax Deductions for Income Property
When you buy real estate, you get a non-cash expense that contributes to depreciation. Learn how you can get a deduction without having to come up with cash for depreciation.
This is an excerpt from The Creating Wealth Show, Episode 367.
What You'll Learn in the Full Episode:
-What is depreciation and how can it save you thousands every year
-How the IRS distinguishes between a real estate professional and non-professional, and why it makes a difference on your tax return
-Why “active material participation” so is important
-The down and dirty details of Jason’s IRS audit
-Why is the IRS interested in real estate professionals all the sudden?
-1031 exchanges and taxes
-What the IRS thinks about property management companies
-How to prove you ARE an active property manager
-The value of a home-based business, even to hourly workers
Listen to the FULL Episode Here: https://www.jasonhartman.com/cw-367-mtm-segment-real-estate-taxes/
-
11:44
JasonHartman
3 years agoRental Property Tax Benefits
19 -
26:12
Investor Guys Podcast
3 years agoTax Deductions
339 -
3:42
KIVI
3 years agoIncome Tax Filing Season Begins
31 -
26:52
Investor Guys Podcast
3 years agoLow Income and Tax Credits
297 -
1:22
Emilymonroe
3 years ago $0.01 earnedTrespasser On Property 2
32 -
1:20
WFTX
3 years agoTax experts explain tax deductions
13 -
10:43
Magutz
3 years agoProperty Tour
63 -
1:05:36
TheGetCanceledPodcast
22 hours agoTHE GCP Episode 5 | Diogo Snow Talks Growing Up In Brazil, Art Basel, Cyberpunk & More
82.1K11 -
1:06
bostonbeaman
1 day agoBE A MAN: Against the Grain 6 Pack
64.7K7 -
14:43
JoBlo Horror Originals
1 day agoHarry and the Hendersons: When Bigfoot Went Hollywood
58.4K12