From the biggest tax mistakes people make to when it’s time to hire a CPA, Anthony shares clear, actionable advice you can use before the next filing season. You’ll hear simple explanations of rental property depreciation, cost segregation, and bonus depreciation, how realtors can treat rentals as an active trade or business, and why LLCs (vs. S‑corps) often make more sense for real estate holdings. We also cover 1031 exchanges, the role of trusts in asset protection and estate planning, and smart ways affluent families use gifting and charitable trusts to build generational wealth... plus a few surprising (but legal) deductions along the way.

You’ll learn:

• The most common errors on business and personal returns, and how to avoid them

• A simple framework for deciding when to bring in a CPA

• How to use depreciation, cost seg, and bonus depreciation to reduce taxes on rentals

• The basics of 1031 exchanges and choosing the right entity for real estate

• Estate‑planning moves (gifting, medical/tuition payments, charitable remainder trusts) that can protect your legacy

If you’re buying, selling, or investing, or just want to keep more of what you earn, this episode is packed with practical takeaways.

Connect with our guest:
Bruneau & Associates, CPAs - 661‑952‑5476 • brco.cpa