EP 392 – Tax Moves That Could Be Killing Your Real Estate Profits
Listen or watch this episode on your favorite place
SHOW NOTES
Taxes don’t have to eat into your real estate profits. In this episode, find out how to avoid common tax pitfalls and structure deals to keep more money in your pocket. From depreciation recapture to 1031 exchanges, we dive into strategies to help you manage tax liabilities and grow your portfolio.
Learn how the right accountant can make or break your real estate business, why selling properties at the wrong time can cost you big, and how market conditions could impact your long-term tax strategy. Tune in to stop overthinking your tax strategy and protect your profits!
Topics discussed:
The risks of accelerated depreciation and recapture (5:09)
Can you avoid paying depreciation? (9:53)
Considerations for your long-term real estate strategy (12:18)
How depreciation can impact real estate deals (13:37)
Why you need a knowledgeable accountant (16:12)
Misconceptions about real estate and taxes (22:40)
Adapting to changes in our real estate markets (23:48)
How to make flips work in the current market (26:26)
Insights and predictions for the real estate market (31:49)
Inflation and the job market (35:06)
Listen to the Episode
EPISODE LINKS
Check out the FREE Collecting Keys “Sub To Transactions” Master Class!
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Fill out the form below to be notified about our next event.
By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.