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Here's How to Pay Less Taxes

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My accountant told us to write a check for over $100,000 for taxes. Well, I was trying to figure out how can I pay less in taxes? And I found at a conference a great way to take my depreciation on my rental properties right now, rather than over 27 and a half years. And that is simply a cost segregation study that can be done by simply paying $2,000 to $10,000 depending upon your properties. MORE +

Short Term or Long Term Rental

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should you do a short-term rental or long-term rental? For short-term rental, you're going to get calls at any hour of the night just to fix their shower, the dishwasher, tell them how to open the door, and gain access. That happens all the time. Versus long-term rentals, those tenants get to use to the house. They don't bother you at 2 in the morning. Long-term, you can count on your inco... MORE +