Zack Mattos, a savvy financial planner and short-term rental investor, shares his remarkable journey of transforming his Austin dream home into a lucrative high-income rental. He reveals how cost segregation allowed him to generate nearly $1 million in depreciation, drastically reducing his tax bill. Zack discusses the strategic decision to focus on luxury rentals in one high-demand neighborhood, using family payroll strategies to save tens of thousands annually. His insights offer valuable lessons for maximizing property value and tax efficiency.
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question_answer ANECDOTE
Book Sparked A Tax-Driven Pivot
Zack discovered powerful tax strategies after reading Advanced Tax Strategies and it changed his career approach.
He paused retirement contributions and converted his primary residence into a rental to capture tax benefits.
insights INSIGHT
Rentals Stabilize Retirement Withdrawals
Real estate provides fixed income-like cashflow that stabilizes retirement withdrawals during market downturns.
Zack values rental income to reduce reliance on portfolio distributions and required minimums.
question_answer ANECDOTE
Austin Home Turned Tax Machine
Zack converted his Austin primary residence into a rental and completed large exterior renovations while living there.
The cost segregation produced $943,000 of depreciation and an $896k Schedule E loss for 2022.
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In this episode of the Tax Smart REI Podcast, Thomas and Ryan sit down with financial planner and short-term rental investor Zack Mattos to unpack how he went from a 20-year career focused solely on traditional retirement accounts to leveraging real estate to nearly eliminate his tax bill, including a staggering $943K in depreciation from one luxury rental property.
Tune in to learn:
- How he turned his Austin dream home into a high-income rental and tax-saving machine
- The cost segregation strategy that generated nearly $1M in depreciation in a single year
- Why he paused retirement account contributions to focus on real estate acquisitions
- How REP status transformed his tax outcomes and influenced client recommendations
- The S-corp move and family payroll strategy that added tens of thousands in annual savings
- His plan to build a portfolio of luxury rentals in one high-demand neighborhood for scale and ease of management
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
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Connect with Zack: https://www.zackmattos.com/
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