Tax Advantages of RE Investing

Listings

Wright Real Property Management

Buyers

Sellers

Investors

Mortgage Info

Resources

Company Info

Tax Advantages of Real Estate Investing

According to Mark Mosher, an accountant with Wilson, Harris, & Company, "rental properties have some great tax benefits". Following is a list of tax benefits:

Depreciation: "Depreciation is one of the most significant tax benefits of rentals" says Mark Mosher, who has consulted and prepared taxes for many real estate investors. It's a deduction, but doesn't require a direct cash outlay.
Deductions: Common expenses for investment real estate include management fees, maintenance, association fees, mortgage interest, property insurance, and property taxes.
Income Loss: A loss on your tax return effectively saves you tax dollars. Expenses, depreciation, and vacancies work together to affect the bottom line of your real estate investment.
Other benefits: "Real estate is a great way to transfer wealth from one generation to another", according to Mosher. Another great benefit is the tax-deferred exchange, which allows investors to trade investment property for other investment property, while deferring the payment of capital gains taxes.

Source: Lawrence & Associates LLC, Winter 2007 Report

:: Residential/Land Office Listings :: Commercial Office Listings :: Submit An Offer :: Recently Sold Office Listings :: HUD Homes :: Management Infomation / Lease Listings :: Dream Home Finder :: Buyer Resources :: Free Buyer Reports :: Market Analysis :: Seller Resources :: Free Seller Reports :: Property Finder :: Investor Resources :: Tax-Deferred Exchanges :: Credit Approval Docs :: Mortgage Rates :: Calculators :: Preferred Services :: Schools :: Free Credit Report :: Property Tax Relief :: Mission Statement :: Staff Directory ::

An Equal Opportunity Company. Equal Housing Opportunity.
All rights reserved.