Episode #1338 Join the Future of Real Estate Investing with Fundrise: https://fundrise.com/pockets We’re always talking about cash flow, appreciation, and loan paydown, but *tax benefits* are some of the most understated and *overlooked advantages of real estate investing.* Do you want to *pay less in taxes and keep more of your hard-earned money* from the IRS? Dave’s bringing you *seven of the best tax strategies* that could help you save _thousands_ each year! Today, Dave’s breaking down an example property and putting each of these tax strategies to the test. We’ll look at *how much money they could save you* and *how they fit into your overall investing strategy.* From depreciation deductions that *reduce your taxable rental income* (on paper) to 1031 exchanges that help defer capital gains tax, there are options for every investor. When used properly, *these real estate tax deductions are completely legal* and relatively *easy to implement.* But it’s up to _you_ to actually use them! Whether you own a single rental property or a large real estate portfolio, *put these tax strategies to work* and *allow your investments to compound even faster!* Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Buy _The Book on Tax Strategies for the Savvy Real Estate Investor_ : https://store.biggerpockets.com/products/the-book-on-tax-strategies-for-the-savvy-real-estate-investor?utm_source=owned_media Sign Up for the Investor Brief Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Property Manager Finder: https://biggerpockets.com/findapm 6 Real Estate Tax Deductions & Write-Offs for Investors: https://www.biggerpockets.com/blog/real-estate-taxes-deductions?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none