Overview Investing in real estate can provide you with a steady stream of income, the potential to increase your wealth, and a way to save on taxes. With the right strategy and planning, you can reduce your taxable income and increase your tax savings. In this blog post, we’ll explore how to reduce taxable […]
Common tax mistakes investors make
Overview Ah, tax season! It’s that time of year when we all get to either receive a nice return or pay what we owe. While it’s an exciting time, it can also be a bit of a headache – especially for investors! Mistakes on taxes can be costly, and even the smallest slip-up, like forgetting […]
Why real estate can be a tax-efficient investment
Overview Real estate can be a very tax-efficient investment. With proactive tax planning, it can even significantly reduce the amount of taxes owed each year. Through the use of depreciation and other strategies, individuals can take advantage of the tax savings that can come with owning rental properties. This blog post will explain how to […]
Personal finance for engineers
Personal finance is an important topic for every engineer. With salaries often reaching into the six figures, it can be tempting for engineers to splurge on luxury items. However, without proper financial education and planning, engineers may find themselves struggling to stay afloat when faced with financial emergencies or the need to save for the future. In this blog post, we’ll discuss the basics of personal finance for engineers, including budgeting and saving, debt management retirement planning, and investing.
California Property Tax Assessment Mistakes
Property tax assessments in California are based on the assessed value of a home and are used to determine the amount of property tax home owners must pay. A home’s assessed value is determined by the local county assessor and is usually the same as its market value. However, home owners may be able to appeal their assessment if they feel it is too high. Common mistakes home owners make when it comes to property tax assessments include not appealing their assessments, not filing for exemptions, and not understanding their tax bill.
Real Estate Tax strategies for High Net Worth Individuals
If you’re a high-income individual, it’s no surprise that you’re taxed at higher rates for your ordinary income. By investing in real estate alongside proactive tax planning, you can help reduce your tax burden while increasing your total income. If you’re interested in real estate investing, both the long-term and short-term rental markets are key […]
Real Estate Tax Questions – Answered by Amanda Han
This article is a Q&A featuring our SVIC Expert Amanda Han, Tax Director at Keystone CPA, Inc. She is a tax strategist, real estate investor, and one of the authors of the highly rated book, Tax Strategies for the Savvy Real Estate Investor. Check out her investment courses partnered with SVIC: Jumpstart Your Tax Savings […]
2022 Real Estate Tax Webinar: Tax Strategies Kick-Off | Keystone CPA
2022 Tax Strategies Kick-Off In this video, Amanda Han and Matt McFarland of Keystone CPA share the 2022 tax saving strategies they are looking at for real estate investors. The husband and wife CPA team behind Keystone CPA and authors of The Book on Tax Strategies for the Savvy Real Estate Investors, Amanda and Matt […]