Best Book for Maximizing Tax Deductions on Rental Properties

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Best Book for Maximizing Tax Deductions on Rental Properties

Matthew Lindsey
Member since 2021 · 75 posts · 9 votes

Hi,

I just recently invested in my first multi family properties (two duplexes). Can anyone recommend some of the best books on maximizing tax deductions for investment rental properties? I want to make sure I am doing everything correct when it comes to maximizing my tax deductions.

Thanks,

Matt
 

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  • Cody Lewis
    Investor · Charleston, SC · Member since 2021 · 263 posts · 122 votes
    5y

    Love Tom's Book but IMO hire a great CPA. That will be better than any book you can read. 

    0Reply
  • Prestin Sokoloski
    Duluth, MN · Member since 2020 · 31 posts · 12 votes
    5y

    @Matthew Lindsey BP also published on from Amanda Han titled "The book on tax strategies for the savvy real estate investor". Which is a pretty good read with plenty information on what you can and can not right off. As well as how to structure things like travel in order to correctly write that off!

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  • Matthew Lindsey
    OP
    Member since 2021 · 75 posts · 9 votes
    5y

    @Cody Lewis @Prestin Sokoloski. Thank y’all for the suggestions. I will definitely look into those books. Thank you

    0Reply
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    4y

    NOLO's tax book for landlords is pretty good.

    Reading is one thing, you may be able to grasp what they are saying. However, working with a tax professional may be the better route.

    Best of luck!

    [email protected]917-280-8544
    Basit Siddiqi CPA4.979 Reviews
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