Real Estate Tax Hacks Revealed!

May 27, 2025•1 min read

R. Kenner French discusses effective tax strategies for real estate entrepreneurs, emphasizing the importance of legally reducing tax liabilities. He presents a countdown of the top 10 easy tax hacks, including setting up the right business entities, maximizing deductions, and utilizing proactive tax planning.

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The discussion highlights the significance of understanding the tax code and leveraging it to one's advantage, ultimately aiming to empower entrepreneurs to keep more of their hard-earned money.

Takeaways

• Cutting taxes legally is possible with the right strategies.

• Many real estate entrepreneurs are unaware of their tax overpayments.

• Wealthy individuals employ strategic tax planning rather than guesswork.

• Setting up an LLC or S-Corp can significantly reduce tax liabilities.

• Real estate professionals can deduct losses against active income.

• Maximizing depreciation can lead to substantial tax savings.

• Income shifting to family members can lower overall tax burdens.

• Investing in real estate through IRAs can yield tax-free growth.

• Home office deductions are often overlooked but can save money.

• Proactive tax planning is essential for long-term financial success.

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