Tax strategies to know for new investors

[Allan Tualla]

Hello everyone,

Im excited to say I am in motion to close on my first investment property. With that being said, a whole new chapter begins and I am looking forward to gaining more knowledge. My question is, what are tax strategies that I could use that will ultimately keep or get more money in my pocket and ultimately lead to buying the next property more quickly. Ive heard of the concept of bonus depreciation and cost segregation and was wondering if anyone can elaborate more on this. I also want to hear your thoughts about other strategies as well so I can formulate questions / strategies before speaking with a CPA. Thanks again!