Mar 13, 2023
Episode #282 - If you make $100K in earned income, you may pay ~$30K in income taxes. But say you make that same $100K in rental income, you can (legally) pay $0 of taxes, instead. Find out how and discover the tax form that every real estate investor should know.
COMPANION ARTICLE/SHOW NOTES/LINKS: https://www.coachcarson.com/avoidincometaxes/
TIMESTAMPS:
0:00 - Power of Real Estate
1:44 - Behind the scenes
5:11 - CPA firm + REI
8:42 - Rental vs. Earned Income
13:40 - Depreciation
20:14 - Passive Losses
23:49 - Cost Segregation
33:25 - Short-term Rental
38:34 - Real Estate Pro
44:32 - Buy & Hold Long-term
53:28 - 1031 Exchange
57:29 - Self Directed IRA
1:02:21 - Connect with Brandon
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine
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💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork!
https://coachcarson.com/creativefinancing
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