Tax Smart Real Estate Investors Podcast

In this episode, Thomas & Ryan are joined by Dr Jeff Anzalone, the Debt-Free Doctor, to discuss how doctors and professionals can achieve financial freedom and buy back their time by investing in real estate.

They cover:

- Jeff's journey from a full-time dentist to achieving financial freedom through real estate investing.

- What types of investments to consider and how to get started?

- What investments Jeff is focusing on in 2024

- A future market outlook

- And much more!

Whether you're a doctor, busy professional, or business owner, this is an episode you do not want to miss.

To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6

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Connect with Jeff: www.debtfreedr.com

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.

In this episode, Thomas and Ryan sit down with Kriss Berg, a seasoned entrepreneur and car wash investment guru, to delve into the lucrative world of car wash investments. Chris shares his journey from e-commerce to car washes, revealing why he chose this unique industry and how it offers significant tax benefits.

Here’s what to expect:

- Why Invest in Car Washes?

- The Car Wash Business Model and Financing

- Using Car Washes to Offset Taxes

- The Future of the Car Wash Industry

- Key Challenges and Solutions in the Car Wash Busines

If you've ever thought about investing in car washes or are looking for new ways to reduce your tax bill, this episode is packed with valuable insights and practical advice.

To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6

Subscribe to our weekly newsletter for more tax tips:

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Join the Tax Smart Insiders Community:

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Follow Kriss, the Car Wash Guy, on Twitter @KrissBergTweets

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.

In this episode, Ryan and Thomas answer the frequently asked questions about the short-term rental loophole, a popular strategy among real estate investors.

They address common queries from Tax Smart insiders and clients about how to effectively use this strategy and avoid potential pitfalls.

They cover:

- Can you use the STR loophole if you take a second home loan from the bank?

- Using the STR loophole with partners

- The biggest mistakes people make with STR loophole

- Personal use considerations and regulations

If you’re investing in short-term rentals or considering it, you'll want to listen to this episode.

To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6

Subscribe to our weekly newsletter for more tax tips:

go.therealestatecpa.com/3xhK71N

Join the Tax Smart Insiders Community:

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Get the STR Tax Course for $1:

www.taxsmartinvestors.com/freestrcourse

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.

In this episode, Ryan and Thomas answer the frequently asked question, “Should I reduce my taxes to zero?”. Answering this question starts with understanding how the US tax system works.

Here’s what to expect:

- Progressive taxation and tax brackets

- Why taxpayers might want to reduce their taxes to zero & when it might be beneficial

- The role of Modified Adjusted Gross Income (MAGI) in tax planning

- Common misconceptions and the potential pitfalls of such an approach

If this question has been on your mind, don’t miss this must-listen episode.

To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6

Subscribe to our weekly newsletter for more tax tips:

go.therealestatecpa.com/3xhK71N

Join the Tax Smart Insiders Community:

go.therealestatecpa.com/3Xx1Cpd

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.

In this episode, Ryan and Thomas dive into the BRRRR strategy—Buy, Renovate, Rent, Refinance, Repeat. They discuss how this approach serves as a formidable tool for wealth-building and optimizing tax efficiencies in real estate investments.

Key Points Covered:

- The fundamentals of BRRR & its application in both residential and commercial real estate

- An example of the significant financial benefits, including the potential for no-money-down deals

- Why BRRRR is a highly tax-efficient strategy, focusing on aspects of depreciation, capital gains, and cash-out refinancing - - The integration of BRRRR with other real estate strategies like the 1031 exchange

To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6

Subscribe to our weekly newsletter for more tax tips:

go.therealestatecpa.com/3xhK71N

Join the Tax Smart Insiders Community:

go.therealestatecpa.com/3Xx1Cpd

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.

The ever-popular STR Loophole has been used by countless investors and helped them save tens if not hundreds of thousands of dollars in taxes.

In this episode, Ryan and Thomas are deep-diving into STR Loophole audits.

They cover:

- What to do if you receive an audit notice

- The top three arguments the IRS is making

- How to counter effectively & document properly

If you're a STR investor, this is a valuable episode you don't want to miss.

To become a client, request a consultation from Hall CPA, PLLC at https://go.therealestatecpa.com/3KSEev6

Subscribe to our weekly newsletter for more tax tips:

https://go.therealestatecpa.com/3xhK71N

Join the Tax Smart Insiders Community:

https://go.therealestatecpa.com/3Xx1Cpd

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.

In this week's episode, Ryan and Brandon are joined by Sam Parr, a serial entrepreneur who has built and sold several multimillion-dollar companies, to discuss how real estate and taxes play into his businesses and wealth creation for his family.

They breakdown:

- Sam's creation of "The Hustle" & The Evolution of His Ventures

- The approach to incorporating real estate into business models

- The specific tax strategies Sam implemented for optimization

- The predictions for future real estate and tax regulation trends

If you're a business owner and curious about how other successful business owners think about taxes and real estate, don't miss this episode.

More from Sam: https://joinhampton.com/ | https://samslist.co/ | https://x.com/thesamparr

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

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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.

In this episode, Ryan is joined by Nathan Sosa, CPA to discuss what it means to have dealer status when selling a property.

They cover:

- Dealer Status Importance

- Real Estate Investment Strategies for Seller Status

- The Winthrop Factors & the Legal and Tax Framework

- Practical Advice and Planning for Preferred Tax Status

This is a heavily audited topic in recent years.

So if you're curious about what factors the IRS will consider when selling a property to help you ensure you pay capital gains taxes and not ordinary income taxes, this an episode you don’t want to miss.

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.

In this episode, Brandon jumps in as guest host and welcomes Troy Eckard back to the Tax Smart REI podcast to dive deeper into the world of oil & gas investing.

They cover:

- The Technological Transformations

- Investment Strategy Insights

- Financial Mechanics and Returns

- And, Regulatory and Tax Advantages

If you want to discover how advanced technologies and strategic asset management are reshaping the future of energy investments, offering unprecedented opportunities for real estate investors, this an episode you don't want to miss.

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

Connect with Troy: https://eckardenterprises.com/taxsmartrei/

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.

In this week's episode, Ryan and Justin Shore, EA are joined by Barrett Linburg as he reveals the transformative potential of investing in Opportunity Zones.

They discuss:

- An Introduction to Opportunity Zones

- Strategic Investment Growth and Tax Benefits

- The Future of Opportunity Zones

- Strategies and Misconceptions

This episode is a must-listen for investors looking to expand their portfolios while benefiting from unique tax incentives.

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

More from Barrett: https://linktr.ee/barrettsavoy

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.