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Episode 184: Powerful Tax Tips For Real Estate Investors with Mark Martukovich
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For further information go to: www.jenniferjhammond.com
The Jennifer J. Hammond podcast features an interview with Mark Martukovich, a managing partner of Business Advisory and Accounting partners who focuses on working with small business owners and real estate investors.
Mark is also a real estate investor himself and has owned several commercial and residential properties. The discussion revolves around the tax implications for rental property owners and some of the common misconceptions that new investors have regarding tax implications.
Mark explains that although real estate is a great tax shelter and investment for building wealth, rental income is not tax-free, and there are limitations on deducting rental income against ordinary income.
Mark emphasizes the importance of having a good advisor to navigate through the tricky tax rules and limitations.
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