Tax Strategies: Cost Segregation
At The Florida Landlord Network we regularly see real estate investors (landlords) get so caught up in the 50 & 100 dollar a day decisions they loose sight of the fact that they are quickly building a substantial Net Worth. Now, you've got to manage the daily operations; but, don't let that excuse keep your from learning how to build maximum Net Worth. That is what matters at retirement.
This video is the first of a series called: Building Your Business designed to encourage you to consider these simple steps:
Cost Segregation is just one easy and perfectly legal tax strategy that I'll bet you are not utilizing. In this video, Real Estate Investor and Tax Attorney Toby Mathis explains how to take maximum advantage of the various depreciation schedules available to investors that almost no one utilizes.
If you follow through on all he outlines, I'll bet you a cup of Starbucks coffee that you receive a giant tax refund in the next few months.
I dare you . . . listen and do!
Paul Howard
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