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

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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.

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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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

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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.

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

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Follow Thomas: twitter.com/thomascastelli_

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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.

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

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

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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 week's episode, Brandon is joined by real estate entrepreneur and investor, Chris Lopez, to explore the heavily debated topic of ROE.

They cover:

- An Introduction to ROE

- The Shift from Initial Cash Input to Current Property Equity

- Perspectives Around Extracting Equity

- ROE from a Market Perspective

- And More!

If you're curious about what factors to consider when maximizing your ROE and why this is such an important topic for real estate investors, this is an episode you don't want to miss.

Sign Up for Property Llama: https://app.propertyllama.com/ea_pl_sign_up_register?agent=1711048679497x164766504118997200

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.

In this week's episode, Ryan is joined by Tax Advisor, Alex Savage, to break down the best practices of house hacking.

They cover:

- Common Misconceptions about House Hacking

- How to Maximize Tax Savings when Selling the Property

- What Combination of Strategies to Use

- And More!

If you're currently house hacking or interested in house hacking and want to maximize your tax deductions, this is an episode you do not 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.

In this episode, Ryan and Thomas break down the tax treatment of repairs & maintenance expenses vs. capital improvements and how to maximize tax savings, including:

- Tax differences between repairs expenses vs. capital improvements

- How to maximize tax savings with three must-know IRS Safe Harbors

- How to navigate capital improvements with the BAR Tests

- And more!

This is a must-listen if you want to maximize your tax deductions on your repair and renovation costs.

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.

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.

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.