When we first start out as investors we just worry about getting our first deal done. Then we start to worry about getting our next deal done and often forget to consider the tax consequences. If you do different types of deals, you may want to separate your real estate income to net more dollars in your pocket at the end of the day.
Creating separation is simple, it just requires a little forethought.
Continue reading “Separate Your Real Estate Income” on my blog at BiggerPockets to learn about the two types of income and why keeping them separate can save you thousands of dollars.
photo credit: Images_of_Money