Brokerage Accounts, Land Values, and LLC Structures | Q&A with a Real Estate CPA

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In this episode, I answer real estate and tax questions from members of my RE Tax Prep and Tax Strategy 365 communities. I talk through the differences between DSCR and second home loans, and how they impact your tax situation and future financing options. I also explain how land-to-structure ratios affect depreciation and why location matters for tax benefits. Finally, I go over common mistakes investors make with LLC structuring and why it’s important to get it right from the start.

Timestamps:

00:00:00 Intro

00:00:40 First STR: DSCR vs. Second Home Loans

00:01:53 Understanding Tax Benefits Regardless of Loan Type

00:03:13 Thinking Two to Three Deals Ahead

00:05:11 Long-Term Strategy and Career Analogy

00:06:09 Why Net Worth Doesn’t Guarantee Loan Approval

00:07:45 Evaluating Depreciation by State and County

00:09:51 Using Assessor Sites to Understand Land vs. Building Value

00:11:19 Tax Benefits of Condos, Townhomes, and Different Markets

00:12:35 Entity Structuring: Single vs. Multi-Member LLCs

00:13:58 Pitfalls of Aggressive Legal Structures

00:15:31 Closing Remarks

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► https://taxstrategy365.com/pod-ama

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*None of this is meant to be specific investment advice, it's for entertainment purposes only.