Real Estate Tax Tips: Avoid These Costly Mistakes скачать в хорошем качестве

Real Estate Tax Tips: Avoid These Costly Mistakes

🏦 Sign up for #Baselane today and get a $100 bonus when you fund an account #bankingwithbaselane: https://www.baselane.com/robuilt Most new real estate investors lose thousands of dollars simply because they don’t understand taxes. In this video, I sit down with CPA Matt Bontrager (my personal accountant) to break down the biggest tax mistakes beginners make, and how to avoid them. We cover everything from setting up bank accounts and credit cards, to LLC myths, bookkeeping systems, and the right way to track expenses. Then we dive into the powerful tax strategies that can actually save you tens (or even hundreds) of thousands of dollars, like depreciation and cost segregation. If you own an Airbnb or rental property, or are about to buy your first one, this video is the ultimate beginner-friendly guide to real estate taxes. 🇺🇸 Book a free tax strategy consult with TrueBooks: http://www.truebookscpa.com/robuilt 📚 Want to break into Airbnb? Watch my free training first: https://bit.ly/robsairbnbtraining 🎓 Join my Host Camp Community for only $1: https://bit.ly/scout_trial_rob 📊 Download My Free Airbnb Calculator: https://bit.ly/ytcalculator 🏡 Sign Up for Airbnb to Get My Listing Feedback: https://airbnb.com/r/robuilt 🛋️ Let Me Design Your Airbnb: https://bit.ly/robuiltfunkit 🤖 Let Me Manage Your Airbnb: https://bit.ly/cocasa 🛒 Download My Airbnb Shopping List: https://bit.ly/ytshoppinglist 📍 Download My Free Market Guide: https://bit.ly/ytmarketguide 🇺🇸 Download my STR tax loophole guide: https://bit.ly/yt7rules 💸 Get a cost seg report for your property: https://strcostseg.com/ Chapters: 00:00 - 01:09 Intro 01:09 - 02:14 The Blueprint for This Podcast 02:14 - 04:25 Step 1 | The FIRST THING investors need to do from a Tax Standpoint? 04:25 - 06:02 WTF is Co-Mingling? 06:02 - 07:32 STR Banking Made Easy (Baselane) 07:32 - 11:40 Step 2 | A Separate Credit Card 11:40 - 14:47 Why not an LLC First? 14:47 - 17:13 Can you Move Expenses after the fact? 17:13 - 19:13 When you DO NEED an LLC 19:13 - 21:28 Step 3 | Track Expenses 21:28 - 28:07 Spreadsheet Example 28:07 - 30:39 Tax Strategy for Rentals 30:39 - 32:39 Cost Segregation Spreadsheet Example 32:39 - 35:22 Why Don’t People get a Cost Segregation Study? 35:22 - 35:58 Free Tax Course Disclaimer: The information in this video is for educational and entertainment purposes only and does not constitute financial, legal, or professional advice. Always consult a qualified professional for advice tailored to your specific situation. Some links in this description may be affiliate links, meaning I may earn a commission at no extra cost to you if you make a purchase through them. Thank you for supporting the channel!