Rental Property Tax Deductions Estimating Repairs on a Property Case 2 weeks ago   10:43

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Rental Property Tax Deductions

My mentor in real estate investing once said "if you invest in real estate and you're paying taxes then you're doing it wrong." In this video we are walking through ten tax deductions that you can take today if you're a real estate investor.

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Comments 205 Comments

matthew conner
IM a landlord 🏡in Las Vegas

Thx for the 411.
Jordan Kaufman
I can't get over people disliking videos like this. Its useful to you great, if not go watch something else... but 43 people felt the need to dislike this video. Very lame!
Johann-Sebastian Lansky
So I just bought my second home , but had to make it my primary resistant due to my finances. And will live in the property of course for at least the first year.
However I have two renters lined up, to off set the mortgage.

Should I still create a LLC and treat the property part that I rent as a rental property,
or lets say can I ?

Awesome videos btw
Calling Zion
Hey Clayton , Are any of these deductions contingent on being Passive or Active?
camarojoe1997
and do you get any of these tax benefits if the property is paid off?
binkey992
I wonder how depreciation works if, say you owned the house as a primary residence for 3 years, then rented it out. As opposed to buying and immediately renting out. Do you subtract the 3 years from 27.5 years as the max allowable depreciation term or does it start at 27.5 yrs as soon as you put it up for rent?
Cee Dee
Thanks. This was short and sweet. New subscriber here.
Docjonski 22
Wow! Tnx so much for this video! Been looking for something like this.🙏🏼🇺🇸🇵🇭
Sam Broadbent
Gotta love those business expenses!
jiaozi0323
Support your videos as always!
Werner Gabriel
Thank you for the info
Jp Jp
Can you take insurance off the home you live in or only the ones you rent?
Marie Martini
I need your CPA
Angel Vega
How many rentals houses do you have to have get a LLC
The Mind Of Opex
Thank you so much for this video!
Nikolai Tesla 666
so this guys last name is invest ....no wonder he is such a pro
The Ice Age Cometh
Great video, thanks. Subscribed!
Alex
Are these write-offs only possible if you have your properties under a legal business entity, or can you make these write-offs as an individual as well?
Jonathan Hughes
Jesus against money and taxes. He called Mathew a tax collector from his job. Jesus wants us to use ask and receive world wide. Lucifer invented money.
Jesse Mitchell
You did not cover one more point . If I earn money from rental on my condo after my expenses insurance and everything else comes out can I take every penny of what’s left And pay straight towards the mortgage to paying the rental condo off. And just write on my taxes for the end of the year that I didn’t have anything to pay taxes with because everything I had left went to expenses and paying the mortgage on my condo ????
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Estimating Repairs on a Property Case Rental Property Tax Deductions 2 weeks ago   30:24

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Than Merrill of A&E's Flip This House takes you on a walk through of a house he just purchased and shares how he completes cost estimate repair.