319. 3 Tax Scams to Watch Out for in 2025 (And 2 Risky Strategies to Avoid)
Apr 2, 2025
Dive deep into the world of tax scams targeting real estate investors. Learn why equipment leasing deals often miss the mark and how solar tax credits can be misrepresented. Discover the risks behind inflated art donation deductions and why they should raise red flags. Thomas and Ryan also discuss two high-risk strategies—discounted IRA rollovers and deferred sales trusts—that, while not outright scams, require extreme caution. Equip yourself with knowledge to protect your wealth from potential pitfalls!
27:33
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
Equipment Leasing Scrutiny
Be wary of equipment leasing deals promising non-passive losses.
Consult a tax advisor to determine if material participation is realistic.
volunteer_activism ADVICE
Solar Tax Credit Misrepresentations
Solar tax credits are legitimate but often misrepresented as non-passive.
Unless materially participating, these credits will likely be passive.
volunteer_activism ADVICE
Art Donation Valuation Risks
Avoid inflated art valuations for charitable donations.
The IRS scrutinizes such deductions, potentially leading to audits.
Get the Snipd Podcast app to discover more snips from this episode
In this episode, Thomas and Ryan break down some of the most common tax scams and questionable strategies being promoted to real estate investors—and how to avoid falling into these costly traps.
This episode explores:
- Why equipment leasing deals promising non-passive losses are almost always too good to be true.
- How solar tax credits are being misrepresented and what the IRS has to say about it.
- The truth behind inflated art donation deductions and the risks they carry.
- Two high-risk strategies—discounted IRA rollovers and deferred sales trusts—that aren’t scams, but require extreme caution.
If you're serious about protecting your wealth and staying out of IRS crosshairs, this is one episode you won’t want to miss.
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
Subscribe to REI Daily & Enter to Win a FREE Strategy Call:
go.therealestatecpa.com/41JuQBX
Join the Tax Smart Insiders Community:
go.therealestatecpa.com/3Xx1Cpd
Check out Thomas's new YouTube channel: www.youtube.com/@thomascastelli
Connect with Jesse:
www.youtube.com/channel/UC2x-yFc6Dbtzul2eN_Iskgw
www.airventureacademy.com/
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.
Tax Smart Real Estate Investors Podcast