Join me as I unravel the importance of basis for real estate agents, where proper tracking becomes the key to increasing profits and reducing losses amidst the conflict of temporary tax cuts and long-term planning.

In this episode, you will be able to:

• Acquire knowledge about capital gains and losses to improve your investment decisions.
• Explore the rewards of diligently tracking business and personal miles for tax advantages.
• Demystify the process for correctly calculating the basis in stock and cryptocurrency assets.
• Navigate through the nuances of identifying the basis for real estate and rental properties.
• Comprehend the dangers associated with cost segregation and prioritize future-oriented planning for financial security.

"Taxes, basis, net income, profit, loss, mileage. All of these things are so important when it comes to running a successful business."  – Jeff Hockett 

Connect with Jeff:

Website: https://www.hocketttax.com/ 

Email: [email protected]   

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