Want more real estate tax deductions? If you’re a savvy investor, you can use the tax code to avoid income tax, keep more money, and grow your portfolio even faster. But it’s hard to do so without a rock-solid CPA behind you. Thankfully, we have some of the world’s top real estate CPAs on the show, and they’re giving their take on tough tax questions (WITHOUT sending you a bill!). If you want to lower your tax burden, keep more of your hard-earned money, and play the tax game to WIN, stick around!
Welcome back to another Seeing Greene! This time, we’re joined by some of the most beloved real estate tax rockstars. Amanda Han, Matt Bontrager, and Tom Wheelwright have spent their careers helping real estate investors get the most out of their investments. From eliminating income tax to finding hidden deductions, boosting depreciation, and getting their clients into more tax-advantaged assets, these CPAs practice what they preach and are here to help you too!
They’ll be answering questions about how to unlock the MASSIVE tax benefits of real estate investing while working a W2, when to start an LLC, how to protect your assets, whether a 1031 exchange is really worth it, and how to find the right CPA. Their suggestions could save you THOUSANDS in taxes, so don’t miss this one!
00:00 Intro 01:31 Quick Tip 02:14 Real Estate LLCs 101 05:02 Questions to Ask a CPA 08:03 Do Private Lenders Get Tax Benefits? 10:21 Asset Protection and Partnerships 16:18 Can I Live in a 1031 Exchanged Property? 19:08 Questions From the Comment Section 26:01 Can I 1031 into REITs or Syndications? 29:00 How to Unlock Real Estate Tax Benefits 34:00 How to Wipe Out a Taxable Gain 40:48 When Should I Pull Out Home Equity? 44:34 Connect With the CPAs!