The LearnLikeaCPA Show

Join Jeff and Ryan as they unpack the complexities of Private Mortgage Insurance (PMI) and offer valuable strategies for navigating the real estate market; this episode covers:

- Understanding PMI: Benefits, costs, and removal guidelines.

- How current market conditions create acquisition opportunities.

- The role of experienced teams in successful real estate deals.

- Key loan products for short-term rentals and second homes.

- Importance of experience in securing loans and choosing financial services.

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Intro

06:45 Navigating ten mortgages with Fannie Mae and Freddie Mac

10:02 Gaining approval confidence through data analytics

13:38 Why choosing quality over price matters

16:07 FHA loans and long-term PMI

17:53 Understanding PMI costs: 0.23-0.28% explained

22:49 Removing PMI with a new appraisal

26:04 Seizing more opportunities in a favorable rate environment

27:55 How higher interest rates reduce buyer competition

31:20 Success with a proven investment model

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

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*None of this is meant to be specific investment advice, it's for entertainment purposes only.

This episode of the LearnLikeaCPA Podcast delves deep into smart strategies to change your financial future through real estate. Ryan reveals the secrets to maximizing your real estate investments and minimizing your tax liability like:

- Understanding passive income and how to offset it with passive losses.

- The benefits of cost segregation depreciation and when to use it.

- Leveraging retirement accounts for real estate investments.

- Strategies to minimize tax implications while maximizing cash flow.

- Key tax advantages specific to real estate professionals and investors.

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Understanding Taxes: Income Source & Strategy

08:46 Leverage Government Incentives: 40% Deductible

12:41 Compare Rental Types: Long Term vs. Short Term & Depreciation

17:19 Build Wealth: Use Cost Segregation Studies

22:09 Utilize Depreciation: Government 'Loan' Strategy

28:50 Real Estate Pros: Impact on Tax Shelter Laws

34:58 Maximize Tax Benefits: Manage Short-Term Rentals

42:22 Know the Rules: On-Site Time Counts, Travel Doesn't

44:26 Plan Ahead: Anticipate Tax Hikes & Structure Income

49:32 Refinance Wisely: Partner with a Tax Strategist

57:05 Optimize Assets: Roth Conversions & Ownership Strategies

01:00:28 Enhance BRR: Capitalize on Teaching Addition

01:10:01 Protect Assets: Use Equity Stripping Strategies

01:15:32 Invest Smart: Trust Advisors & Invest in What You Know

01:21:36 Defer Gains: Use 1031 Exchanges Effectively

01:27:31 Benefit from Homeownership: Tax Perks in 2-5 Years

01:31:37 Evaluate Depreciation: Make Informed Tax Decisions

01:34:24 Save Money: Finance Business Expenses Strategically

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Unlock the full potential of your retirement savings with the power of a Roth IRA. In this episode, Ryan dives deep into why Roth IRAs are unparalleled tools for building wealth and financial freedom.

- What a Roth IRA is and how it works

- Key rules for contributions and withdrawals

- When and why to consider Roth IRA conversions

- Special strategies for funding a Roth IRA for your children

- How Roth IRAs can provide a tax-efficient retirement

Don’t miss these essential tips for maximizing your retirement savings!

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Intro

04:24 How to maximize your working years and grow your Roth IRA tax-free.

08:58 How to convert to a Roth IRA during a market downturn.

13:23 Real estate investment for tax-efficient and tax-free retirement.

14:28 Roth IRA for tax-free retirement income.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, we delve into the ins and outs of cost segregation studies and their significant tax benefits in real estate investment. Listen to find out:

- How cost segregation studies have saved investors close to $2 million in taxes over three years.

- The importance of tax strategies and wealth preservation in real estate.

- The impact of location and property type on tax benefits from cost segregation.

- Key factors to consider, including the timing of cost segregation and its effect on tax brackets.

- Real-world examples showing potential tax savings and the patriotic aspects of leveraging tax laws.

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Why tax savings are essential for wealth accumulation and preservation.

05:18 Cost Segregation: accelerating property depreciation for tax benefits.

09:59 Real estate case study: high ROI through cost segregation.

12:09 How to use losses to boost cash and offset income.

15:45 How to accelerate depreciation during high-income years.

20:49 The risks of DSCR loan with prepayment penalty.

21:26 How interest-free loans for reinvestment reduce your tax bill.

25:55 How a client saved $40,000 with tax return amendment.

29:12 Why taking advantage of economic opportunities is patriotic.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Time value of money - a concept everyone knows but most people misunderstand. Today we're talking about:

- The impact of inflation on your cash

- Time value of money for investors AND for borrowers

- Albert Einstein's equation for doubling your money

...and more

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

00:00 Investing money for better future financial position.

04:29 Investing and inflation affect purchasing power over time.

07:43 Inflation affects money value; borrower vs. investor

In this episode of the LearnLikeaCPA Podcast, host Ryan Bakke discusses the best times to convert to a Roth IRA, including key considerations and strategies for maximizing tax savings.

In this video, we cover:

- Shock in income years as ideal conversion opportunities

- Leveraging real estate investments for tax advantages

- Considering future changes in state income tax rates

- Taking advantage of Roth conversions during market downturns

- Building a tax-efficient retirement by diversifying income buckets

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Strategic tax planning for long-term financial savings.

03:51 How to use real estate losses to offset retirement conversions.

06:58 "Tax efficient retirement: diversified assets, Roth IRA."

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, Ryan Bakke and Austin discuss President Biden’s proposed tax increases and their potential impacts. Dive into the details as they explore significant changes to tax policy and their effects on investors and the economy, like:

- Proposed capital gains tax hike from 20% to 44.6%

- Increase of the highest marginal tax bracket to nearly 40%

- Doubling of Medicare taxes for individuals earning over $400k

- Potential elimination of the 1031 exchange and its ramifications on real estate

- Discussion on the broader economic and middle-class implications from these proposed tax changes

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Intro

00:27 How capital gains may face 48-49% taxes.

05:10 Why real estate investors hesitate to sell assets.

08:58 How the government limits investor loans to boost housing affordability.

10:14 The uncertainty about future tax.

13:33 The intrinsic nature of real estate.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► join.learnlikeacpa.com/apply

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, Taylor shares his journey from a $74 million Airbnb investment to leveraging strategic insights to enhance property profitability and the nuances of real estate investing, focusing on short-term rentals.

- Learn how Taylor Jones transitioned from a sales job to owning multi-million-dollar Airbnb properties and his strategies for success.

- Discover the importance of automations and SOPs in managing guest experiences and maximizing revenue.

- Explore the concept of "return on hassle" and why it's crucial for investors to consider this metric.

- Ryan and Taylor discuss the challenges of managing multiple properties and the strategic importance of scaling up.

- Insights on repositioning assets and maximizing return on equity in a high-rate environment for sustained growth and profitability.

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Embracing free time during COVID to learn.

06:05 Why revenue drivers matter significantly in cabin rentals.

07:56 How equity run-up leads to apartment unit sale.

12:24 Long-term rental strategy and tax advice.

16:36 Real estate investment: one property vs. two.

24:05 How to avoid short-term, floating debt for stability.

25:06 How avoiding debt pressure allows for strategic operational decisions.

29:30 Focusing on slow growth and buying over building.

35:44 Focusing on owning fewer, more profitable rental units.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of the LearnLikeaCPA Podcast, Saad Dar, a former CPA and investor at Baselane, shares his expertise on real estate investing and the role of fintech in the industry. Join us to learn valuable insights from Saad's experiences and gain practical tips for real estate investment.

In this episode, you'll learn:

- Saad Dar's journey from CPA to investor

- The story behind Baselane and its vision for real estate investors

- The importance of knowing your numbers in real estate investing

- How Baselane's reports and dashboard can benefit real estate investors

- Saad Dar's top tip for individuals looking to venture into real estate investing

Follow Ryan online: https://www.instagram.com/learnlikeacpa/

Timestamps:

00:00 Transitioning from audit to advisory.

03:22 How frustration with real estate tools leads to innovation.

08:04 How the CPA partner program simplifies financial statement creation.

11:00 Assessing property performance.

14:49 Finding a community for support in overwhelming content.

16:32 Where to find Basslane and Saad.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application

Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode, our host, Ryan Bakke, sits down with special guest, Patryk Swietek, to discuss the ins and outs of buying property management companies for cash flow.