CHAPTER 6

Real Estate Taxation

A basic understanding of how taxation works and, more specifically, how real estate taxation works is essential to achieving the long-term goal of wealth creation through real estate. The tax-man is your silent partner. It is great to make a profit in real estate, but the old adage remains true: “Nothing is certain but death and taxes.” If you desire to maximize your profits as well as achieve your long-term goals, it is crucial to understand how best to work within the tax code.

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