Motivation Monday
business of real estate business women female empowerment free training inspiration motivation real estate investing taxes Feb 15, 2021
AKA: Taxes!
Did you know that the government actually encourages real estate ownership? They do so by offering tax incentives for property owners.
Buying real estate will usually increase your income, but result in lowering your tax burden. Because of depreciation and other tax deductions, it will often appear for tax purposes as though you’re running at a loss.
Even though you’re making income, you have lower taxes and no self-employment tax on rental cash flow. So more money just goes right into your pocket! That’s the beauty of real estate- it allows you to keep more of the money you make, instead of giving it to the government.
If you want to learn more about how you can get started in real estate investing, I have a Free Training I’d love to share with you!
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