Customer Reviews

The Complete Tax Guide for Real Estate Investors: A Step-By-Step Plan to Limit Your Taxes Legally

5 star:		(3)
4 star:		(3)
3 star:		(0)
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1 star:		(3)

 

 

An earlier review mentioned that this book is poorly written. I figured this was just nitpicking and that I could deal with less-than-perfect grammar in order to find some good information. I was wrong. The author is such a bad writer that she mangles even straightforward definitions to the point that I cannot figure out what she is trying to say.

I'm still going to gut my way through it, but trust me that it is worth finding another book on this subject.

This book made me want to pull my hair out, [...]. I could take every other
sentence and rewrite it to make it easier to understand, [...]. I found an unbelievable amount of grammar errors too. Very unprofessional. It takes forever to read because you have to pause and interpret what the author is trying
to say. It's more confusing than reading the bible, [...]. I gave up on the book and moved onto a another real estate investing book.

There are four types of real estate for tax purposes: For sale, For personal, For investment and For business. Find out how you can make money in real estate and reduce or eliminate the income tax from the sale. And it's all legal.

You'll find Chapter 19: 24 Steps to Successful Tax Free Investment to be helpful; it covers the benefits of using 401K, OPI, or IRA to avoid giving your real estate investment profit away.

The complete Tax Guide for Real Estate Investors provides a Step-by-Step guide to investing in real estate. Whether you are just starting out or are a long-term investor, this guide provides tips and secrets to help you make a profit.

The Complete Tax Guide for Real Estate Investors breaks down a complicated and often intimidating subject into an easy guide for people looking to cut down the amount of taxes on their real estate investments.

This book explains everything from a dealer versus an investor to the different classifications of real estate to ways to cut taxes and increase earnings. The language is simple and easy to understand, and the book runs through the entire process from explaining what real estate is up through the time of the investment and after.

Even for someone that has never quite understood taxes in real estate, this book will give you the knowledge that you need to make wise investments that will pay you back for as long as you have them.

This book is awful! As the other reviewers have expressed, it is full of grammatical errors and nonsensical sentences. I took it to work and read it out loud for laughs. That's really about all it's good for.

Whether you're a seasoned Real Estate investor or a newbie looking for answers, this book is a helpful resource in the often confusing world of taxes and investment properties. Beginning with basics (What is Real Estate? Who are Investors?) and moving to the complex (How various Trusts and Tax Codes operate, plus expert advice,) this really is a step by step guide.

One of the best parts of this book is its "Facts vs. Myths" section. Taxes and investments are tricky business, and often the facts get skewed by popular opinion. Here, however, experts lay out the basics in a no-nonsense way.

Also, form numbers and exact paperwork suggestions really help investors to know exactly the steps to take for maximum profit and ease. Without a handy guide like this, investors would be searching for answers all over - but here we have everything in one place, written in a straightforward and matter-of-fact style.

When you hear the word "taxes" you cringe, but taxes don't have to be scary or intimidating. With "The Complete Tax Guide for Real Estate Investors" you can have a pain free step by step plan on how to limit your taxes legally. With this guidebook you can have a specific outline of how to deal with taxes in relation to all aspects of real estate, such as real estate that is for personal or business use, real estate for investment, property that is excluded, interests & partnerships and much more.
You will get some great tips and hints on investing, learn more about building wealth, protecting assets, capital gains, trusts and estate planning. The best part of the book that I found was the "What not to do" chapter that gives you examples of things not to do and other scenario's to help you understand why.
If you ever have any questions about taxes and real estate, this is the book for you.

While I'm not what would be considered an expert or even informed person in the real estate investment world from the first introduction portion of this book I found myself getting sucked into the easy to follow guidance the author brought to what could have been a very dry and boring topic. I found myself learning the ins and outs of what an investor needs to know and how to avoid many of the novice pitfalls that come upon a first time investor. I found the chapters to be nicely divided so that I can easily refer back to certain parts that I need more information on quickly.

I was touched that a portion of the proceeds of this book in honor of "Bear" (their family pet) go to the United States Humane Society. I highly recommend this 285 page book to not just seasoned real estate investors but to anyone who even remotely is considering dabbling in the real estate investing venture.

Being well informed in all matters related to real estate investing goes a long way in determining success no matter if you are a first-time investor, or real estate market veteran. And The Complete Tax Guide for Real Estate Investors: A Step-by-Step Plan to Limit Your Taxes Legally provides detailed and well organized guidance for people looking to develop sound tax planning strategies for successfully increasing earnings, reducing or eliminating the taxes they pay on their real estate investments.

Incorporating interviews with professionals, Jackie Sonnenburg uses easy to understand language to explain often-complicated topics and tax issues associated with real estate investing from the time of the investment and beyond.

Whether looking to implement tax-saving strategies for second homes, apartment complexes, condos, townhouses or commercial buildings, investors will gain valuable knowledge regarding 1031 exchanges, deferred exchanges, simultaneous exchanges, forward delayed exchanges, construction exchanges, reverse exchanges, two-party exchanges, and three-legged exchanges, as well as the advantages and disadvantages of each. All this, in addition to actionable information regarding record keeping, depreciation, capital gains, legal loopholes etc.