Real estate tax strategies worth knowing

Finance
1

I’ve been diving deeper into real estate lately and keep hearing about all these tax strategies people use to save money, 1031 exchanges, depreciation, cost segregation, all that stuff. Honestly, it’s kind of overwhelming trying to figure out what actually applies to smaller investors.

If you’ve got a rental or a few properties, what tax moves have made the biggest difference for you? Are there any strategies you wish you’d known about sooner?

I’m not trying to get too deep into loophole territory, just want to be smart about what’s out there and make sure I’m not leaving money on the table.

2 Likes
2

Not sure if this applies to you, but I’ve done a few LP investments in syndications, and the tax benefits there were wild.

3

I wish I’d known about 1031 exchanges sooner. When I sold my first rental, I paid a hefty capital gains bill. On my second one, I rolled the gains into a bigger property using a 1031 and deferred all those taxes. Definitely not just for big players, you can use it even on single-family rentals.