1171 FBF: Real Estate Investing Advice & Tax Deductible Expenses
Creating Wealth Real Estate Investing with Jason Hartman
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Show Notes
Today's Creating Wealth Show is all about the ins and outs of real estate investing. Jason Hartman discusses what you can do to find your way on the path to wealth and how you can make the most of taxation (really!).
Key Takeaways
1.45 – The path to wealth lies in diminishing our wants as we simultaneously increase our incomes.
07.05 – With taxation being everyone's single largest expense, we need to find a way of working that in our favor.
10.05 – Depreciation tax deduction is, without a doubt, great for real estate investors.
14.04 – Income property gives you the benefit of trading assets through your life without paying taxes – legally.
19.43 – Yet another benefit is that travel expenses such as gourmet restaurant dinners and luxury hotel stays can sometimes be tax deductible. Even trips to the Creating Wealth Seminars and Property Tours could be deductible!
Website:
www.JasonHartman.com/Properties