Ask Litra: What Year-End Tax Moves Should Every Investor Consider?

The podcast episode "Keys to Success" with host Litra Simms highlights essential year-end tax strategies for real estate investors. Litra breaks down these moves into four conceptual steps: maintaining accurate financial records, exploring potential deductions such as interest payments and insurance costs, optimizing timing of essential repairs or major expenses, and consulting tax professionals for expert advice. The idea is to lower taxable income, reduce financial stress, and maximize tax savings over time. The episode underscores the importance of strategic timing and seeking professional guidance in making significant financial decisions such as property sales, refinancing, or large write-offs, and ends with a call to action for listeners to step up their financial planning as the year comes to a close.