In my video, I share several legitimate strategies to reduce taxes on real estate income. These include using 1031 exchanges to defer taxes when selling property, leveraging depreciation (especially through cost segregation studies for accelerated benefits), qualifying as a real estate professional to offset regular income with property losses, and taking advantage of tax benefits on your primary residence such as mortgage interest deductions and significant capital gains exclusions ($250,000 for singles, $500,000 for married couples). These approaches can help real estate investors significantly minimize their tax burden through entirely legal means.
