In this episode, Brandon and I discuss how investing in rental real estate reduces your taxes even without using the real estate professional status (REPS) or the STR Loophole. 

We cover the power of using depreciation to shelter rental income from tax, strategies for mitigating depreciation recapture, using buy, borrow, die, and more!

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The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

223. How Investing In Real Estate Reduces Your Taxes Even Without Using REPS or the STR Loophole

The Tax Smart Real Estate Investors Podcast is a show that focuses on tax, accounting, and finance tips for real estate investors and business owners. We bring on guests to talk through complex topics and we break it down into bite-sized chunks of knowledge for our listeners.

Our episodes generally run 30-60 minutes of no-nonsense, hard-hitting information. We know your time is valuable so our goal is to save you thousands of dollars per episode.

Hall CPA, PLLC is a CPA firm that exclusively serves real estate investors and real estate business owners. We work with syndicators and developers closing multi-million dollar deals, as well as small investors building a portfolio from scratch.

Check us out at www.TheRealEstateCPA.com/Podcast and www.TaxSmartInvestors.com/Insiders for more free content and information.

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In this episode, Ryan and Thomas explain how simply investing in rental real estate reduces your effective tax rate and puts you in a favorable position even without offsetting non-passive income (e.g., W-2 and active business income), including:

- A snapshot of the US Tax System.
- The critical role of depreciation in shielding income from tax.
- What is the effective tax rate calculated?
- How passive investors build "tax-free" income through real estate. 
- Ways to minimize the impact of depreciation recapture. 

If you're concerned using real estate professional status (REPS) or turning losses non-passive with STRs is the only way to use real estate to minimize taxes—this episode is for you.

To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast

Reserve your Free Ticket to the 2024 Tax, Legal, and Wealth Summit at
www.taxandlegalsummit.com

Apply to join the Hall CPA team at www.therealestatecpa.com/careers

Follow Us On Social Media

Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa

Join our Facebook group: www.taxsmartinvestors.com/facebook

Subscribe to or weekly newsletter for more tax tips: newsletter.taxsmartinvestors.com/podcast

Follow Thomas: twitter.com/thomascastelli_
Follow Ryan: www.linkedin.com/in/ryancarriere/

The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

270. How Investing in Real Estate Reduces Your Effective Tax Rate — Even Without REPS or STRs

In this episode, Ryan and Thomas are joined by Ron Rohde, Esq, to discuss what real estate investors really need to know about LLCs, including:

- What are LLCs?
- Common LLC Structures Explained
- How To Avoid Piercing the Corporate Veil
- Is Umbrella Insurance a Replacement for LLCs?
- LLC Mistakes and more!

We also discuss why Ron transitioned from residential to industrial real estate investing!

Whether you already have LLCs or plan to create one, this is a must-listen episode.

To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast

More from Ron: https://ronaldrohdelaw.com/

Reserve your Free Ticket to the 2024 Tax, Legal, and Wealth Summit at
www.taxandlegalsummit.com

Apply to join the Hall CPA team at www.therealestatecpa.com/careers

Follow Us On Social Media

Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa

Join our Facebook group: www.taxsmartinvestors.com/facebook

Subscribe to or weekly newsletter for more tax tips: newsletter.taxsmartinvestors.com/podcast

Follow Thomas: twitter.com/thomascastelli_
Follow Ryan: www.linkedin.com/in/ryancarriere/

The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

269. The Cold Hard Truth About LLCs for Real Estate Investors with Ron Rohde, Esq.

In this episode, Ryan and Thomas are joined by tax expert Justin Shore, EA, to discuss how you can turn losses non-passive without material participation or the real estate professional status (REPS). 

This is an episode you don't want to miss!

To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast

Reserve your Free Ticket to the 2024 Tax, Legal, and Wealth Summit at
www.taxandlegalsummit.com

Apply to join the Hall CPA team at www.therealestatecpa.com/careers

Follow Us On Social Media

Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa

Join our Facebook group: www.taxsmartinvestors.com/facebook

Subscribe to or weekly newsletter for more tax tips: newsletter.taxsmartinvestors.com/podcast

Follow Thomas: twitter.com/thomascastelli_
Follow Ryan: www.linkedin.com/in/ryancarriere/

The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

268. How To Turn Rental Losses Non-Passive Without Material Participation with Justin Shore, EA

In this episode, Ryan and Thomas are joined by tax expert Nathan Sosa, CPA to discuss:

- What are S-Corps?
- Why you shouldn't put rentals in S-Corps
- When S-Corps do make sense for real estate investors
- Establishing reasonable salaries for S-Corp Owners
- The Bramblett Structure for real estate flippers and developers
- And more!

To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast

Reserve your Free Ticket to the 2024 Tax, Legal, and Wealth Summit at
www.taxandlegalsummit.com

Apply to join the Hall CPA team at www.therealestatecpa.com/careers

Follow Us On Social Media

Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa

Join our Facebook group: www.taxsmartinvestors.com/facebook

Subscribe to or weekly newsletter for more tax tips: newsletter.taxsmartinvestors.com/podcast

Follow Thomas: twitter.com/thomascastelli_
Follow Ryan: www.linkedin.com/in/ryancarriere/

The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

267. The Essential Do's & Don'ts of S-Corps for Real Estate Investors with Nathan Sosa, CPA

In this episode, Ryan and Thomas discuss 7 exit strategies to minimize the tax hit when you sell your next property:

- The 1031 Exchange
- The “Lazy 1031 Exchange”
- 1031 Exchange into a Delaware Statutory Trust (DST)
- 1031 Exchange into Mineral Rights
- Qualified Opportunity Funds (QOFs)
- Seller Financing (installment sales)
- The 721 Exchange

We also discuss two additional strategies we don't recommend. Tune in to find out what they are!

Reserve your Free Ticket to the 2024 Tax, Legal, and Wealth Summit at
www.taxandlegalsummit.com

To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast

Apply to join the Hall CPA team at www.therealestatecpa.com/careers

Follow Us On Social Media

Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa

Join our Facebook group: www.taxsmartinvestors.com/facebook

Subscribe to or weekly newsletter for more tax tips: newsletter.taxsmartinvestors.com/podcast

Follow Thomas: twitter.com/thomascastelli_
Follow Ryan: www.linkedin.com/in/ryancarriere/

The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

223. How Investing In Real Estate Reduces Your Taxes Even Without Using REPS or the STR Loophole

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