Home » The Schedule E Tax Loophole by C. Ingraham
The Schedule E Tax Loophole C. Ingraham

The Schedule E Tax Loophole

C. Ingraham

Published March 8th 2013
ISBN :
Kindle Edition
25 pages
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 About the Book 

The Schedule E Tax LoopholeIf you are looking to:1.) Lower Your Taxes2.) Increase Your Assets3.) Build Your Own Retirement Plan4.) Purchase Rental PropertyThis Book is for you.The tax loophole which we will discuss is one of IRS’s most popular taxMoreThe Schedule E Tax LoopholeIf you are looking to:1.) Lower Your Taxes2.) Increase Your Assets3.) Build Your Own Retirement Plan4.) Purchase Rental PropertyThis Book is for you.The tax loophole which we will discuss is one of IRS’s most popular tax loopholes and can be used for increasing assets for a taxpayer earning under $100,000, who has a commitment to real estate investment for the sole purpose of building assets, lowering taxes and/or preparing for a lucrative retirement.This Book will explain in easy to understand steps, how Schedule E supports you leaving the work to others, while lowering your taxes and building your portfolio. In addition, you’ll learn ways to maintain your wealth by avoiding and or lowering your capital gains taxes when selling your Investment property.Schedule E provides one of the largest annual, tax loopholes, available to U.S. taxpayers. ($25,000, a year with carry over rights to the next year.) This tax loophole isn’t for everyone. If your goal is to purchase a primary home and live in it for 30 years, until you own it, then this may not be the tax loophole for you.If you are open to working the system and earn under $100,000 a year this is a gift which cannot be ignored. This is a gateway which many taxpayers don’t fully understand. This tax code enables you to lower your tax liability, while increasing your assets during your initial investing. The $25,000, write off or loss is available each year. Schedule E is the Department of Treasury, (IRS) Supplemental Loss & Income Form, which is used to report rental income and losses.Most taxpayers understand Rental Income and believe it to be a hassle for the most part. This could not be further from the truth when you understand which options are, tax deductible. Providing affordable housing is a noble profession, which comes with definite tax benefits.The Schedule E Tax Loophole is based on the tax laws which are in effect as of 2012TABLE OF CONTENTSSection One:Meet Maxwell Who Earns $89,044 a Year,Section Two:Making the Numbers Work for YouSection Three:Avoiding & Lowering Capital Gains Taxes on Investment PropertySection Four:Taking Advantage of Schedule E If You Don’t Have the Initial Investment, or You Have Poor CreditMany people earn their wealth in the stock market, yet there is always that group who grow their assets beyond belief, just by investing in real estate. Land can never be depreciated, yet the building sitting on the land can be depreciated. This is how real estate investors get their tax breaks. This book is for middle-income investors and taxpayers.Taxpayers who arent willing to rely on a 401K Plan can use real estate investments as an alternative for retirement planning. Easy to understand details.