𝐆𝐄𝐓 𝐑𝐄𝐀𝐃𝐘 𝐓𝐎 𝐃𝐈𝐒𝐂𝐎𝐕𝐄𝐑 𝐓𝐇𝐄 𝐒𝐄𝐂𝐑𝐄𝐓𝐒!
During an exclusive interview with Lisa, the tax planner, she unveils the top 3 errors that she commonly observes landlords making.
𝐌𝐈𝐒𝐓𝐀𝐊𝐄 #1: 𝐍𝐎𝐓 𝐓𝐑𝐀𝐂𝐊𝐈𝐍𝐆 𝐄𝐗𝐏𝐄𝐍𝐒𝐄𝐒 𝐂𝐎𝐑𝐑𝐄𝐂𝐓𝐋𝐘
From day one, it's essential to keep meticulous records of all your expenses.
Lisa advises using spreadsheets and reviewing closing paperwork to ensure nothing is overlooked. Remember, land transfer taxes cannot be deducted, so don't waste valuable time trying to claim them.
𝐌𝐈𝐒𝐓𝐀𝐊𝐄 #2: 𝐅𝐀𝐈𝐋𝐔𝐑𝐄 𝐓𝐎 𝐂𝐋𝐀𝐈𝐌 𝐀𝐋𝐋 𝐄𝐋𝐈𝐆𝐈𝐁𝐋𝐄 𝐄𝐗𝐏𝐄𝐍𝐒𝐄𝐒
Don't let fear hold you back from claiming the expenses you're entitled to. Lisa urges landlords to gather supporting documentation and confidently claim their eligible expenses.
𝐌𝐈𝐒𝐓𝐀𝐊𝐄 #3: 𝐌𝐈𝐋𝐄𝐀𝐆𝐄
Many landlords forget to keep tabs on their property visits, resulting in lost money.
Don't leave it on the table - keep a record of your mileage to maximize your deductions.
Beyond avoiding common mistakes, Lisa emphasizes…
The importance of tax planning.
She recommends utilizing Quickbooks for effortless bookkeeping and offers consultations to help landlords navigate their unique challenges.
With her expertise, you can stay ahead of the game and optimize your tax returns.
Don't miss out on valuable deductions and let Lisa guide you to financial success as a landlord.
Reach out now and start planning for a brighter tomorrow.
Comment “𝐓𝐀𝐗” below and I will send her details to you.