How to Significantly Lower Your Taxes as a Real Estate Investor with Michael Lawand

<p><span style="font-weight: 400;">In this episode Axel interviews Michael Lawand, a CPS Certified Accountant to talk about something all real estate investors are concerned about,</span> <strong><em>how to save on taxes</em></strong><span style= "font-weight: 400;">.  </span></p> <p> </p> <p><span style="font-weight: 400;">You can defer or reduce your tax burden on your investment properties, and for that you’ll need to find the strategy that suits you the best based on your current investments and income needs.</span></p> <p> </p> <p><span style="font-weight: 400;">Michael and Axel dive deep into how to save on taxes whether investing in your own name or in a company and how to do it having built equity overtime. Additionally they tap into what depreciation is and how it works.</span></p> <p> </p> <p><span style="font-weight: 400;">Finally they talk about whether people are taxed on an active income basis taking into account that things in real estate can change and the importance of planning ahead of time with professional advice. Stay tuned for Michael’s further advice! </span></p> <p> </p> <p><span style="font-weight: 400;"><strong>Please subscribe to the show</strong>, share it with a friend and send us feedback. Visit</span> <a href="http://www.realestateeffect.ca"><span style= "font-weight: 400;">www.realestateeffect.ca</span></a> <span style= "font-weight: 400;">and follow me on IG</span> <a href= "https://www.instagram.com/monsaxel/"><span style= "font-weight: 400;">@monsaxel</span></a></p> <p> </p> <p> </p> <p><strong>Who is Michael?</strong></p> <p><span style="font-weight: 400;">Michael is an accountant with experience in auditing, financial statements preparation, income tax return preparation (corporate and personal), as well as other related services. He also has knowledge of numerous accounting related software packages. </span></p> <p> </p> <p><span style="font-weight: 400;">Michael has been working for several years at Robert M. Lawand CPA Inc.</span></p> <p><br /> <br /></p> <p><strong>Connect