Michal Wach is a real estate investor, coach, and tax accountant. With investing experience across multiple cities in Southern Ontario, Michal is primarily a long-term buy and hold investor that has used the BRRR method to grow his portfolio. He left his full-time government job a few years ago and now focuses on real estate investing and running a tax return business full-time.
In this episode we discussed:
- Accounting Principles for Real Estate Investors
- Tax considerations for new investors
- Addressing Common Issues for Beginners
- Receipt Tracking and Technology
- Risk Mitigation and Audits
- Understanding Tax and Incorporation Strategies for Real Estate Investors
- Factors Influencing Incorporation Decisions
- Tax Planning for Estates and Real Estate Investments
- Capital Gains and Common Misconceptions
- Family Trusts and Tax Efficiency
- Tax Saving Tips for Investors
and much more!
Follow Michal's social media on:
Instagram: https://www.instagram.com/wachproperties/
Website: www.wachproperties.ca
and Email at: wachproperties@gmail.com
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RISE Real Estate Wholesaling 101 Course:
https://rise-network-course.teachable.com/p/real-estate-wholesaling-masterclass-101
RISE Network Real Estate Investing Essentials Bundle: https://rise-network-course.teachable.com/p/rise-network-real-estate-investing-essentials
If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca
Disclaimer: This podcast is all about providing you with information, not financial or legal advice. So if you need the real deal for your situation, hit up a professional. We can't promise you our information is always up to date or accurate, and we're not responsible for any investment decisions you make based on it.
Markets change, Information change. You know the drill. Anyways. Thank you for hanging out with us responsibly.