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272. Home Advantage: Mastering Tax Deductions Through House Hacking

Tax Smart Real Estate Investors Podcast

CHAPTER

Tax Strategies and House Hacking in Real Estate Investing

Exploring tax implications and house hacking strategies in real estate investment, this chapter covers setting up LLCs, separate bank accounts, and cost segregation studies for tax deductions. The speakers delve into utilizing section 121 and a 1031 exchange for an efficient exit strategy, along with strategies for offsetting depreciation recapture. Emphasis is placed on the importance of distinct accounting for personal and rental property expenses for optimal tax benefits.

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