Key Income Tax Rules and Opportunities for Landlords - Preview
Greater Bangor Apartment Owners and Managers Association Presentation
February 18, 2014
Key Income Tax Rules and Opportunities for Landlords
George Adams CPA MBA
Hello everyone. My name is George Adams and I’m a CPA based on Brewer. I have over twenty years of experience as a tax accountant, and one of the primary areas I practice in is real estate.
I’d like to thank you and your organization for inviting my wife and I to dinner tonight and giving me an opportunity to talk about key tax rules as they apply to your industry.
Real estate is one of the most complex areas of tax law, with many obscure rules, exceptions and traps for the unwary. Here in this presentation I’m going to focus on what I believe are five of the most important concepts landlords and others in the real estate business should know about.