Stop Overpaying in Taxes! Discover How to Keep MORE of Your Hard Earned $$$ with This Little Known Investment Strategy...
Sarah Miskelly
Real Estate Fund Manager I Elite Sales & Business Development Leader | Champion of Hands-Off Investing & Lifestyle Freedom I Costa Rica ??
If you’re hard working and high earning this newsletter is for YOU.
Have you ever looked at how much you’re paying in taxes and said *F this*?
I remember hanging with my friend by her pool one summer - we must have been 25, 26. She worked 4 nights a week as a bartender at a night club, making cash. I was a Realtor working 12 hours, 7 days a week.
She asked me, "how much are you making?" — at this point, I was quote unquote 'doing well' ... I said, "$300k, but after tax and business expenses like $100k"
Silence.
My friend: "...damn ok."
See — she was making a similar profit working 4 nights a week.
Now I'm not going to disregard the value of showing a high income for credit and borrowing purposes...
... And if you're looking from a straight time for money perspective she was winning.
This experience made me realize that when you make more money, you need to get more creative and proficient with your tax strategies to keep MORE of your hard-earned money in your pocket.
This is where apartment syndications come in.
(Make sure you read until the end because I'm going to share how you can pay little to no tax on the money you make from real estate investing...)
So when you invest in a syndication you make passive returns.
Those returns get taxed as passive income BUT you can write-off the depreciation from the building against your cash-on-cash return.
Meaning just by investing passively you get the tax benefits of ownership...
... without the hard work and time it would take to run a $20 mil building with 200+ units (not really possible without a LARGE team).
The best part — you can carry forward any depreciation that you were not able to claim in a prior year to the next.
It's an insane benefit.
Here's how it works:
- You'll receive a K-1 statement that shows your income losses, deductions, and credits from the syndication.
- If you made money, you would pay the marginal tax rate on that amount.
- But if that number is negative (because of depreciation, which it usually is...) then you won't owe anything.
*chef's kiss*
P.S. I'm definitely not a tax professional so make sure you consult someone who is proficient in the field to get clear on your situation.
P.P.S. If you want to get started investing in apartment syndications we have an AMAZING deal coming up in Georgia (wait until you hear the ultra-low interest rate...)
Schedule a call today to see if you qualify to participate in this deal.
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Let's grow our wealth together,
Sarah