The Ryan Bakke Show

098. Why Congress Writes the Tax Code (and how you can take advantage of it)

Sep 2, 2024

13:38

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In this episode of the LearnLikeaCPA show, we dive into why Congress writes the tax code the way it does and how real estate investors can benefit from it. I'm breaking down the foundational principles behind the tax incentives for business owners, investors, and real estate professionals. I also share an update on proposed tax law changes that could impact your investment strategy.

Timestamps:

00:00:00 Intro

00:00:30 The Purpose of the Tax Code

00:01:19 Incentives for Business Owners

00:02:30 Incentives for Investors

00:03:05 Incentives for Real Estate Investors

00:05:29 Current Tax Law Proposals

00:06:44 The Importance of Timing in Tax Planning

00:09:21 Understanding and Preparing for Changes to the 1031 Exchange

00:11:08 Q&A on Specific Tax Situations

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