Learning To Invest?
“In this world, nothing can be said to be certain, except death and taxes.” - Benjamin Franklin
It is an unfortunate truth that all of us will have to play the tax game for as long as we live, but on the other side, real estate taxes can be more rewarding than others. The tax code is complicated and ever evolving. If you’ve ever invested in traditional assets such as stocks, mutual funds, and CD’s (credit default swap), you’ll quickly learn that they don’t provide very many opportunities for tax deductions. However, one of the easiest ways that many savvy investors have found tax benefits is through real estate investing. Just as there are tax advantages that come from owning your own home, there are also benefits of real estate taxes when you own an income property.