by Peter Lohmann | Dec 26, 2023 | Owner Education, Property Management Education
The IRS has a label to classify everyone and one you don’t want next to your name as a property investor is: ”dealer.” The biggest reason for this is that it can result in you owing double FICA taxes – a total of 15.3% in addition to your federal, state, and...
by Peter Lohmann | Dec 19, 2023 | Owner Education, Property Management Education
There are several strategies to minimize your tax bill as a property investor. From maximizing tax deductions to accounting for depreciation, utilizing a 1031 exchange and many others, you can generate wealth and grow your portfolio by taking advantage of tax...
by Peter Lohmann | Dec 12, 2023 | Investing in Rental Properties, Owner Education, Property Management Education
When it comes to building wealth through real estate, many investors focus on rental income and property appreciation as key components to driving growth, but there’s another powerful tool that allows you to pocket more money: depreciation. Depreciation...
by Peter Lohmann | Dec 5, 2023 | Investing in Rental Properties, Property Management Education
Investing in real estate can provide significant financial opportunities for individuals and build generational wealth for families for years to come. And like many pursuits, there is more than one way to achieve success. However, following time-tested, risk-tolerant...
by Peter Lohmann | Nov 28, 2023 | Investing in Rental Properties, Owner Education, Property Management Education
Investing in real estate property is a time-tested way to build wealth. Even better? It also offers owners an opportunity to keep more money in their pockets come tax time. As you consider your unique situation, assess whether leveraging any of these tax strategies...
