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Taxes and Real Estate Investing Explained - 370
Episode 370

Taxes and Real Estate Investing Explained - 370

Your Money, Your Wealth

March 22, 202227m 27s

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Show Notes

Can multiple rental property losses be written off against other properties or income? What are the pros and cons of putting investment property in an LLC? How do you get the best tax breaks on rental real estate? How does real estate depreciation work? What do you need to think about when turning your primary residence into a rental property? Is a home equity line of credit (HECM, reverse mortgage) a good idea? Also: a complicated property inheritance and self-funding long term care insurance. Financial resources, Ask Joe & Al On Air: https://bit.ly/ymyw-370