What are some advanced tax strategies for income property investors?

What are some advanced tax strategies for income property investors?


Creating Wealth - #1571 - Amanda Hahn & Matthew McFarland on Depreciation

Clear some confusion about tax strategy, and gain some added tricks of the trade by listening to this interview. Jason Hartman talks with Amanda Han and Matthew MacFarland, authors of Advanced Tax Strategies for Savvy Investors. Tax laws can change every year, so it’s crucial to take advantage of them as soon as you can. Learn what most investors forget to do for some of the best write-offs.

Key Takeaways:

[8:30] Excited to have advanced tax strategy with a focus on RE

[9:00] Will we lose the 1031-Exchange with Biden in office?

[14:10] Many RE investment property owners overpay on taxes because they do not view themselves as a business when it comes to their taxes.

[19:40] How do I take more deprecation sooner than later, with a cost segregation study?

[26:20] How do you prepare to take unlimited deductions, regardless of income – by qualifying as a real estate professional?



CW 455 - Diane Kennedy - The Case Against Series LLC's

Speaking with Jason Hartman is renowned CPA Diane Kennedy, who is full of ideas and advice on topics ranging from international investing and its tax benefits, the ins and outs of LLCs and what your self-managing options are for your real estate investments, to name just a few issues covered.

CW 455 – Diane Kennedy – LLC’s, Asset Protection & Tax Savings - Full Episode MP3

Key Takeaways

07:25 – When you get involved in the issues that Diane Kennedy does, you know all about taxes and the IRS

08.30 – On a more international note, Puerto Rico is a destination that seems to offer everything to some people, and nothing to others.

09.53 – An LLC is a great and conventional way of protecting your assets. Trust it.

16.44 – It’s not to say that using entities are never good. If using them, know which jurisdiction is best.

22.27 – The Tax Extender Bill was written for those dealing with short sales or foreclosures.

26.20 – Everyone complains about the US and its laws and regulations, but we should look at ourselves compared to other countries and consider what we have.

28.03 – Diane Kennedy gives her views about real estate, the Holy Grail of tax benefits.

29.56 – You can’t just get away with calling yourself a real estate professional. There are certain hoops to jump through.

34.33 – For more information, head to www.USTaxAid.com


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