Two top tax experts who work with thousands of real estate clients share their tips for putting you in the best position come tax time. Among their tips: Hire a spouse or other family member to work for you part time. That enables you to deduct healthcare and other costs that otherwise wouldn't count as a business deduction. The hour-long webcast aired live on Thursday, June 23, and has advice specifically for you as a real estate professional that you can use all year.
Jon Boughtin, NAR Public Affairs
Linda de Marlor, President, Tax-Masters, Inc., Rockville, Md.
Peter Baker, CPA, Business Planning Group, Washington, D.C.