😂 Ever feel like the IRS is like that friend who always takes a slice of your pizza without asking? 🍕

Well, if you own real estate, you can order a bigger pie and still keep more of it for yourself!

🏠💼 Here’s the deal:

Deductions! - Think of mortgage interest, property taxes, and even some of your expenses as magical ingredients that shrink your tax bill. 🧙♂️✨

Depreciation: The Gift That Keeps on Giving - The IRS lets you pretend your property gets a little older and less shiny each year (even if it doesn’t). This ‘wear and tear’ is a deduction that can help you save big time! 🎁

Rental Income: The Money Tree - If you decide to rent out part of your space, that income is often taxed less than your day job’s paycheck. It’s like growing a money tree in your backyard! 🌳💰

So, while the IRS might still get a slice, owning real estate means you’re getting a bigger pizza. 🍕. You just need a good accountant to put it all together 🥹

#taxseason #realestateinvesting #realestatetipsoftheday #accountingtips #savemoneytips #realtorlife🔑🏠

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Reach out with questions or topics you would like for us to cover.

Aneury Evangelista
Associate Broker at RxP Team | Real Broker, LLC
347-328-0698 | Aneury@rxpteam.com | www.rxpcompanies.com

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