Author(s): Amanda Han, Matthew MacFarland
Year: 2016
Language: English
Pages: 160
Copyright & Disclaimer......Page 2
Dedication......Page 3
Quote......Page 4
Message from the Authors......Page 5
Introduction......Page 7
Deductions......Page 14
What Can You Really Deduct?......Page 15
Dare to Deduct That?......Page 20
A Clever Way to Write Off Your Kids......Page 27
Writing Off Every Penny Of Your Vacation......Page 32
Maximizing Your Write Offs of Travel Expenses......Page 38
Squeezing the Most Benefit from Your Home Office......Page 43
Entities......Page 49
Your Legal Entities the Right Way......Page 50
Legal Entity Lies Exposed......Page 55
One Size Does Not Fit All......Page 60
How to Wake Up from Your Bookkeeping Nightmare......Page 66
Retirement Planning......Page 76
Taking Control of Your Retirement Money......Page 77
Using Retirement Accounts to Fund Your Investments......Page 83
One Big and Costly Mistake......Page 89
IRS Pitfalls......Page 96
Depreciation: A Powerful Tax Tool for Real Estate Investors......Page 97
How to Gift Properties to Your Family and Not the IRS......Page 105
Getting the IRS to Help Cover Your Real Estate Losses......Page 111
Explosive Tax Landmine for Fix and Flippers......Page 118
Guilty Until Proven Innocent......Page 123
Conclusion......Page 131
Putting it All Together......Page 132
Appendices......Page 138
Appendix A: Tax Freedom Day......Page 139
Appendix B: Glossary......Page 140
Acknowledgments......Page 158