This book reveals the best and most effective tax loopholes successful real estate investors use to maximize their profits. This revised edition covers all the new tax laws, and features new and updated case studies and examples. Find out why real estate is probably the best investment money can buy due in part to the profit-maximizing tax loopholes that directly benefit real estate investors. Inside you’ll find practical guidance and trustworthy advice on:
• Tax loopholes that turn your home into a profit center
• How to increase your investment profits and use real estate as a legal tax shelter
• Tricks for using your vacation home as a tax-savings investment
• Real estate investment strategies for taking advantage of international tax laws
• Creative tax flow techniques for increasing your investment’s profitability
• How to cut taxes through the 1031 tax-free exchange, pension funds, real estate loss deductions, homestead exemptions and joint tenancies
• Real estate pitfalls and how to avoid them