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Updated almost 4 years ago,
Tax Benefits from SFR and MFR
I understand that there are tax benefits to owning real estate, however what are some items I can give to my CPA so we can lower our taxable income?
We made about 350k as a household in 2020 and I do not want to be stuck with a 75k tax bill.
My real estate business is already in an S Corp but what do you guys do with your rentals, we currently one one sfr rental, a primary and a 4 plex.
Any help is appreciated thank you!