Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How Big Earners Use Real Estate to Reduce Taxes (Tax Loopholes Exposed). That video is uploaded by LYFE Accounting at 2023-05-08T14:57:59-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [dCTuIaZw4Q0]
| Name | How Big Earners Use Real Estate to Reduce Taxes (Tax Loopholes Exposed) |
| Video Uploader | Video From LYFE Accounting |
| Upload Date | This Video Uploaded At 08-05-2023 21:57:59 |
| Video Discription | By a Trusted CPA: How to use real estate to avoid paying taxes... Subscribe: https://www.youtube.com/channel/UC0AAvxmjMAqljjpc23e1f7g?sub_confirmation=1 Become a Client: https://mycpacoach.com/save-on-taxes So yes, it is possible to buy real estate, show a taxable loss even though you made money, and use that loss to offset other income you have on your tax return. And yes, all of this is 100% legal and is quite literally in the tax law. And all you have to do is sit-back, relax, and stick around for a few minutes here and I will show you exactly how to do this. Timestamps: Tax Benefits of Real Estate: (0:00) Step 1: Invest in Rental Real Estate: (2:37) Types of Rental Real Estate: (3:08) Step 2: Understanding Depreciation: (3:40) A Non-Cash Expense?: (4:10) How Depreciation Creates a Loss: (4:45) Step 3: Accelerate Depreciation (6:30) Cost Segregation Study: (7:20) Example of Cost Seg Study: (8:38) Step 4: Using Rental Losses to Offset Income: (10:25) Passive Loss Rules: (10:45) Exceptions and Loopholes: (11:15) Qualify as Real Estate Professional: (11:33) Income Exception: (12:32) Short-Term Property Exception: (13:10) Make Earned Income Passive?: (13:51) Step 5: Buy More Rentals: (14:45) Tax Plan?: (15:50) dCTuIaZw4Q0 |
| Category | Education |
| Tags | lyfe accounting |
