As we gear up for another week filled with updates and trends, I’m particularly excited to share something extraordinary with you.
I recently hosted an exclusive webinar that’s a must-watch: Passive Real Estate Investors Need To Know This Before Filing Their 2023 Taxes! This insightful session is tailored to equip you with the necessary knowledge to adeptly navigate the complexities of today’s real estate market. It offers essential tax planning tips and strategies, positioning you well ahead of the April 15th deadline.
We were privileged to have Amanda Han and Matt Macfarland, two of the nation’s most esteemed real estate taxation experts, join us as guests. Best-selling authors of “Tax Strategies For The Savvy Real Estate Investor” Amanda and Matt are renowned for their expertise in simplifying complex tax strategies for real estate investors. Their insights during the webinar are invaluable.
Don’t miss out on this golden opportunity to transform your approach to real estate investing and tax planning. Watch the on-demand webinar now and arm yourself with cutting-edge tactics to make the most out of your investments.
Watch the On-Demand Webinar Here!
Passive Income: What It Is and Ideas for 2024
KEY TAKEAWAYS
- Passive income is revenue from interest on savings, getting cash back or rewards on a credit card, renting out a space, and so on.
- The Internal Revenue Service (IRS) has specific rules for passive income, including “material participation,” that determine whether a taxpayer has been actively involved in an income-producing activity.
- Portfolio and passive income are frequently confused, but essentially if you’re making returns on your investing in securities, including crypto, that’s portfolio income, not passive income.
- Top financial advisor Marguertia Cheng says, “Some of the most reliable and consistent forms of passive income include income from dividends paying stocks, mutual funds or ETFs, interest income from CDs, and bond ladders.”
- A taxpayer can claim a passive loss against income generated from passive activities.
Are you passionate about multifamily investing? Dive deeper into the world of real estate into dynamic communities tailored for investors like you!
Join our vibrant Facebook group, “Multifamily Investors Group” where investors connect, share insights, and grow together in an active and supportive environment.
Don’t miss out on the opportunity to enhance your professional network by becoming a part of our LinkedIn group, “Multifamily Investors Group” It’s the perfect space to engage with industry leaders, discover new strategies, and stay ahead of the curve in the multifamily investing scene.
