The Real Estate Investor Tax Guide. This item is unavailable.The Real Estate Investor Tax Guide

You are most likely reading this book because you are a successful investor in real estate. Or maybe it's because you're getting ready to invest, and wisely picked up this book to fill the gap in your knowledge about the tax strategies available to you. This would include those of you who own and rent, fix up properties (sometimes called flipping), and even those who use more exotic real estate strategies that might include a lease to own or other approaches. In all these cases, the tax law can be very daunting. Congress has designed many traps in the law under the assumption that real estate investors in the past and present have abused the law. Serious changes add to the mix and confusion, and the IRS may even decide for you whether you qualify as an investor, dealer, or real estate professional -all terms with differing positive and negative tax consequences. When you made the decision to invest in real estate, you did so because of the profits you expected when making good and smart deals. Don't forget that you made that revenue and the IRS now wants a piece of it. Sometimes that tax can be 25% to 50% of your profit. You owe it to yourself to do all you can to legally limit that tax. That is what this book is all about.