Tracking your rental property tax deductions is a crucial aspect of being a successful real estate investor.
Start for freeUnderstanding and accurately tracking your rental property tax deductions will enable you to identify areas of weakness and opportunities for growth, streamline operating expenses, and maximize end-of-year deductions for increased real estate portfolio profitability.
In this episode, we continue our conversation from episode 1 and dive even further into real estate mistakes and learning opportunities that can make you a better investor and the numbers that Sharon and Brandon pay attention to when analyzing a new deal or the success of their portfolio.
Sharon Lechter
Real Estate Investor
When it comes to finding a good CPA or accountant, Lechter advises, "Ask them how many real estate clients they have because you want to make sure they’re not learning on your dime."
Minimize your tax liabilities by accurately tracking your rental property tax deductions with an industry specific property management and accounting system like Landlord Studio:
Never miss a tax deduction for your rental property again and scale your rental business with simplified accounting.