How to Maximize Tax Write-Offs for Your Real Estate Business with Nick Aiola

19/02/2023 32 min Episodio 82
How to Maximize Tax Write-Offs for Your Real Estate Business with Nick Aiola

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Episode Synopsis

Ever wonder how real estate investors generate enough losses to shelter their income?By maximizing tax write-offs!In this episode, we cover the most common expenses you can write-off as a real estate investor. Things like:Writing off a car for your real estate businessWhat you can write-off when you're traveling with your kids to work on your propertyWhat you can write-off before you buy that first rental propertyWe even cover topics for the advanced investor, for example:The difference between an expense and a capitalized expense and why you would want one over anotherLimits on how much you can write-off of your W2 incomeCaps on the losses that you roll over year after yearIf you want to maximize your tax efficiency, you won't want to miss this episode!If you'd like to work with Nick Aiola, you can reach out to him at https://semiretiredmd.com/ailoa Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don’t forget to share and leave us a 5 star review on Apple Podcasts if you loved this episode!__________________________________________________________Looking to learn more? Check out some of our most popular content:Join the waitlist for our flagship course, Zero to FreedomTake our quiz and see if real estate is right for youLearn from more great content on our blog Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group! Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategiREADY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move. RESOURCES + LINKSWork w/ SRMD: HEREJoin our FREE Facebook Groups: HEREFOLLOW + CONNECTConnect with SRMD: Website | Instagram | FacebookLiked this episode? Share it on social and tag me @semiretiredmdLove the show? Leave a 5-star review and let me know!

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