In this episode of the Tax Smart REI Podcast, Thomas, Justin, and Ryan break down the most common (and costly) mistakes we see from other CPAs and the massive tax savings real estate investors are missing because of them.
Tune in to learn:
- Why electing out of bonus depreciation without knowing it can cost you tens of thousands
- How improperly classifying repairs vs. improvements could trigger an audit or shrink your deductions
- The overlooked grouping strategy that saved one client $150K+ in a single year
- What really happens when CPAs misuse the Augusta Rule (and how to do it right)
- How a "medical tax specialist" cost a client over $100K in phantom tax savings—and exposed them to penalties
If you’re working with a CPA who doesn’t specialize in real estate, this episode might just save you from years of missed opportunities or worse, an audit.
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
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The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
