How to Find a CPA That Understands Tax Strategy

One of the most common questions I get is how do I find a CPA that understands tax strategy? You really wanna dig in deep and see how much experience they have with the type of work that you want. Don't ask generic questions like do you work with real estate investors? Because nine times out of 10, they're going to say yes. Ask more pointed questions like what are your thoughts about 10, 31 exchange or what do you think about cost segregation study?"

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Want more real estate tax deductions? If you’re a savvy investor, you can use the tax code to avoid income tax, keep more money, and grow your portfolio even faster. But it’s hard to do so without a rock-solid CPA behind you. Thankfully, we have some of the world’s top real estate CPAs on the show, and they’re giving their take on tough tax questions (WITHOUT sending you a bill!). If you want to lower your tax burden, keep more of your hard-earned money, and play the tax game to WIN, stick around!

Welcome back to another Seeing Greene! This time, we’re joined by some of the most beloved real estate tax rockstars. Amanda Han, Matt Bontrager, and Tom Wheelwright have spent their careers helping real estate investors get the most out of their investments. From eliminating income tax to finding hidden deductions, boosting depreciation, and getting their clients into more tax-advantaged assets, these CPAs practice what they preach and are here to help you too!

They’ll be answering questions about how to unlock the MASSIVE tax benefits of real estate investing while working a W2, when to start an LLC, how to protect your assets, whether a 1031 exchange is really worth it, and how to find the right CPA. Their suggestions could save you THOUSANDS in taxes, so don’t miss this one!

In This Episode We Cover:

How to avoid income tax through real estate investing (even with a W2 job!)

When to pull equity out of a property and how long to hold a rental

Crucial questions to ask a CPA and how to know that they’re truly “investor-friendly”

The 1031 exchange explained and when it’s NOT a good option for eager sellers

Private money lending and how to ensure your lender shares in your property’s tax benefits

Capital gains tax and how to AVOID it when selling a primary residence

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums