This article from the CIRE Magazine has some excellent ideas and commentary regarding end of year tax strategies for investors. One strategy in particular that I think many smaller sized investors don’t think about or who don’t have a CPA/tax strategist working for them (can you say Turbo Tax?) to recommend is cost segregation. I’m not saying that this is something that ALL investors can utilize but if you have properties where this strategy could apply it would be in your best interests to check it out and see if it can save you money – because, as my partner, Michael, likes to say – it’s not about how much cash flow your property makes, but how much of it you get to keep that’s important.
