On The Market

64: 2023 Real Estate Taxes: Write-Offs, Loopholes, and How to Pay Less Next Year w/Amanda Han


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Real estate tax strategies are plentiful. In fact, real estate investing is one of the most tax-beneficial investments you could make, with a plethora of tax write-offs and loopholes you can use to avoid taxes legally. But, if you’re new to real estate investing or don’t know about many of these strategies, you could pay tens of thousands extra every year, limiting your portfolio’s growth. That’s why we brought Amanda Han, CPA and real estate investor, onto the show.

Amanda has been helping investors lower their tax burdens for decades. As an investor herself, she’s had to grow her professional and personal knowledge to take advantage of as many tax deductions as possible. She’s so fluent in the real estate tax code that she even wrote the books on tax strategies for BiggerPockets! Dave and Henry spend today’s interview asking Amanda the tax questions you may have been too scared to ask your CPA.

We’ll touch on the most significant changes in the 2023 tax code, the big blow to investors starting next year, cost segregations explained, the short-term rental tax loophole, and why you should start planning NOW for next year’s taxes. If you want to pay fewer taxes, buy more real estate, and keep more of your hard-earned passive income in 2023, this is the episode to listen to!

In This Episode We Cover

The biggest tax change for real estate investors that you NEED to know about

When to start preparing for taxes and “accelerating” your expenses in 2023 

2023 tax strategies for real estate investors and the write-offs most people miss

The HUGE house hacking capital gains benefit that most investors don’t know about

Bonus depreciation and cost segregation studies explained

The short-term rental tax loophole that’ll allow you to write off everyday income

The one question every investor should ask when interviewing CPAs/tax strategists 

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Forums

BiggerPockets Agent

BiggerPockets Bootcamps

Join BiggerPockets for FREE

On The Market

Join the Future of Real Estate Investing with Fundrise

Connect with Other Investors in the “On The Market” Forums

Subscribe to The “On The Market” YouTube Channel

Dave’s BiggerPockets Profile

Dave’s Instagram

Henry's BiggerPockets Profile

Henry's Instagram

Tax-Saving Toolkit

Books Mentioned in the Show

The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han

The Book on Advanced Tax Strategies by Amanda Han

Connect with Amanda:

Amanda's BiggerPockets Profile

Amanda's Instagram

Amanda's Website


Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-64

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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