How to not get audited | TAX LOOPHOLES vacation rentals | IRS | COST SEGREGATION | GRANT DOUGHERTY
CHANGING THE GAME Through Real Estate ep: 37
#taxloopholes #irsaudits #shorttermrentalloophole
FEATURING: Grant Dougherty
HOST: Tyler Wynn In this episode Grant shares what happens when you get audited, how to beat a audit, how the irs works, roth ira advantages, dissadvantages with 401k, cost segregation, depreciation, loopholes for short term rentals
- real estate professional status
- Airbnb rental tax loopholes
- how to claim real estate professional status with w2
- do this instead of a 1031 exchange
- cost segregation/ offsetting income
- how to prepare for a irs audit
- what happens when the IRS audits you
- Roth IRA and 401k death transfer
- student loan forgiveness
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RESOLVE MEETUP: https://www.facebook.com/groups/2084280358418039 *****DISCLAIMER**** I AM NOT A CPA, ATTORNEY, INSURANCE, CONTRACTOR, LENDER, OR FINANCIAL ADVISOR. THE CONTENT IN THESE VIDEOS SHALL NOT BE CONSTRUED AS TAX, LEGAL,INSURANCE, CONSTRUCTION, ENGINEERING, HEALTH OR SAFETY, ELECTRICAL, FINANCIAL ADVICE, OR OTHER AND MAY BE OUTDATED OR INACCURATE; IT IS YOUR RESPONSIBILITY TO VERIFY ALL INFORMATION YOURSELF. THIS IS A PODCAST AND YOUTUBE VIDEO FOR ENTERTAINMENT PURPOSES ONLY