BiggerPockets Real Estate Podcast

How to (Legally) Reduce Taxes with Real Estate + Crucial New Trump Tax Plans

Jan 29, 2025

Amanda Hahn, a CPA and real estate investor, shares her expertise on tax-saving strategies specifically for real estate investors. She breaks down crucial deductions, such as depreciation, that can save tens of thousands on tax bills. Hahn discusses potential changes in tax legislation from President Trump, including the return of 100% bonus depreciation and uncapped SALT deductions. She also explains how self-directed retirement accounts can be leveraged for tax-deferred real estate investments, helping listeners keep more money in their pockets.

42:53

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Episode guests

Amanda Hahn

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Quick takeaways

Real estate investors can significantly reduce taxable income through deductions like depreciation, preserving more cash flow for investment purposes.

Upcoming tax policy changes under the Trump administration may enhance benefits like bonus depreciation and uncapped SALT deductions for property owners.

Deep dives

Tax Advantages of Real Estate Investing

Owning real estate provides significant tax advantages that can help investors save money during tax season. Real estate investors are treated as business owners by the IRS, allowing them to access various business deductions linked to their investment activities. This includes the ability to deduct expenses such as memberships, educational resources, and operational costs directly related to their properties. Additionally, unique to real estate, investors can utilize depreciation, which is a non-cash write-off that allows them to reduce their taxable income by writing off the property's purchase price over time.

Intro

2min

Maximizing Tax Benefits in Real Estate Investing

10min

Exploring Tax Strategies and Investment Opportunities in Real Estate

4min

Leveraging Retirement Funds for Real Estate

12min

Exploring Tipping Culture and Financial Incentives

5min

Navigating the SALT Tax Landscape

7min

Navigating the Complexities of Tax Law for Investors

3min

The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investor Amanda Han on the show to break down the most crucial tax-saving tips for real estate investors. Plus, she sheds light on President Trump’s tax plan, how it could significantly benefit real estate investors, and what changes to watch for.

If you’re not taking advantage of write-offs like depreciation or boosting your retirement with tax-deferred real estate investing, you could be missing out on tens of thousands, if not hundreds of thousands, in tax savings. Keep more money in your pocket come tax day by following Amanda’s tips (you don’t even need a CPA to take advantage of some of these!).

Will Trump bring back the holy grail of tax deductions—100% bonus depreciation? Could he make “SALT” (state and local tax) deductions uncapped so you can lower your federal taxes even more? What about the other “tax-free” income source that could become a reality in President Trump’s second term? Amanda is sharing info on all of it so you can pay less taxes, keep more of your hard-earned money, and invest faster!

In This Episode We Cover:

The one massive real estate tax deduction that President Trump could bring back soon

One real estate write-off every single investor should take advantage of NOW

How to use your retirement accounts to buy real estate (and defer your taxes!)

“SALT” deductions and how this could significantly reduce your federal income taxes

Do you really need a CPA to take advantage of real estate tax deductions?

And So Much More!

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