👉

Did you like how we did? Rate your experience!

Rated 4.5 out of 5 stars by our customers 561

Award-winning PDF software

review-platform review-platform review-platform review-platform review-platform

Video instructions and help with filling out and completing When Form 1120 C Losses

Instructions and Help about When Form 1120 C Losses

Divide this text into sentences and correct mistakes: "You know, my accountant likes to say that if you are paying taxes as a real estate investor, then chances are you're doing something wrong. In today's video, we're going to dive into the top tax deductions for real estate investors. Hey there, everyone! I'm Clayton Morris, the founder and president of Morris Invest, a turnkey real estate provider. I've rehabbed hundreds of homes and I'm a longtime real estate investor. One of the great benefits of real estate investing, of course, is the tax benefits. Again, my accountant, one of the greatest accountants in the country for real estate, has said that if you're a real estate investor, you should not be paying taxes. You should be able to basically not pay anything in taxes if you're a real estate investor. So, the problem is that many people don't know or fail to take advantage of all the great tax benefits of being a landlord. So, if you own rental properties or you're thinking about buying rental properties and getting started, there are some great depreciation benefits that you need to know about in order to save on your taxes. Okay, let's dive into it. We're going to go through ten of the top deductions that you can take if you've got rental real estate. Now, I want to be very clear. It's very important that you work with a tax accountant that understands real estate. If they don't understand real estate and you are building up your rental portfolio, chances are you need to find a better accountant. Okay, because again, you should not be paying anything in taxes if you are a real estate investor. There are so many great ways to leverage your properties. So, well, you know, you've got income...