xhv8mzw7ge79waga35o97s2wbzpfr6 Tax Advantages of Owning Fourplexes - RE Investing (Episode 2)

Tax Advantages of Owning Fourplexes

– Episode 5 –

This month we brought on guest speaker, Mark Barbour, of Specialty Tax Advisors to break down common questions and strategies we can apply as multifamily investors. 


During the COVID-19 pandemic, the Federal Reserve is dumping an astonishing amount of money into the market.  There aren't enough digits on most calculators to track it.  They've pulled just about every rabbit out of their hat to make sure the market is liquid and that individuals and businesses can get financing.  In addition, the US Government is now figuring out how to distribute stimulus checks to most Americans, fund small business payroll loans, load the SBA up with enough cash to buy Jupiter, and bankroll a host of other corporate bailouts. 

Whether it actually works or not is beside the point. Whether you agree with it or not doesn't matter. 

Because it's happening. 

And you can't pump that much money out without eventually seeing an increase in taxes or inflation.  Or both. 

So as a real estate investor, it's time to get aggressive on tax savings.  As we've talked with investors all over the USA, we've realized there is a lot of confusion as to how depreciation works, how much you can get, who qualifies, etc. 

 

On the webinar, we dive deep into what tax advantages investors can get, what a real estate professional is, how the new CARES act affects losses you can claim (in a good way) and a sneaky technique property owners may be able to use to get a $2k tax CREDIT on every door they own!  

And if you're in the market for new construction duplexes or fourplexes, reach out!  We have a couple of options that can start construction in the next 45 days in Meridian, ID, Cypress, TX, and Payson, UT!  We even have options in a Federal Opportunity Zone in Provo, UT that start later this summer.  You can link to all of these developments here

 

Other topics on the agenda:

 

Chat with Steve Olson

Steve Olson

(Director of Sales)

Steve is a real estate investment agent with RE/MAX Equity and is Director of Sales here at FIG. He holds Licenses in CA, UT, and TX and is co-listing agent throughout UT, AZ, ID, and TX.

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)

CONTACT US

FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity