The Ryan Bakke Show

Explore the vital topic of asset protection for real estate investors. Discover when and why to set up an LLC to safeguard your properties. Learn about advanced strategies like using revocable living trusts and Wyoming holding companies for optimal organization. Gain insights into navigating transfer taxes and ensuring tax efficiency. Avoid common pitfalls in asset protection while securing your investments and simplifying your real estate portfolio.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, we're diving into the ins and outs of seller financing, a powerful tool for real estate investors. I break down how seller financing can benefit both buyers and sellers, covering everything from tax advantages to navigating inflation. We’ll explore key strategies for structuring deals, overcoming financing challenges, and making seller financing work in today’s high-interest rate environment.Timestamps:00:00:00 Intro00:04:18 Tax Advantages for Sellers00:02:42 Seller Financing from the Buyer’s Perspective00:08:13 How to Structure a Seller-Financed Deal00:09:26 Negotiating Terms and Interest Rates00:06:21 Common Scenarios Where Seller Financing Works Best00:07:10 Seller Financing as a Retirement Strategy00:14:45 Dealing with Defaults and Contingencies00:05:20 The Role of Inflation in Seller FinancingWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, I’m sharing some of the best tax strategies for short-term rental (STR) investors. I dive into the powerful short-term rental loophole that allows you to use rental losses to offset your W-2 and business income without needing to qualify as a real estate professional. I’ll also walk you through the key requirements for material participation, the most common deductions investors miss, and best practices for structuring your STR investments.Timestamps:00:00:00 Intro00:01:49 Real Estate Professional Status vs. STR Loophole00:02:41 Material Participation Requirements00:04:20 Common Deductions for STR Investors00:05:21 Maximizing Tax Benefits with STR Investments00:06:31 Choosing the Right Property for Tax Purposes00:08:42 Accelerating Tax Deductions00:11:06 Cost Segregation Studies00:16:03 Impact of Recent and Proposed Tax Law Changes00:17:54 Q&A on Specific Tax ScenariosWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn 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 Intro00:00:30 The Purpose of the Tax Code00:01:19 Incentives for Business Owners00:02:30 Incentives for Investors00:03:05 Incentives for Real Estate Investors00:05:29 Current Tax Law Proposals00:06:44 The Importance of Timing in Tax Planning00:09:21 Understanding and Preparing for Changes to the 1031 Exchange00:11:08 Q&A on Specific Tax SituationsWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode of the LearnLikeaCPA show, we're diving deep into long-term rental strategies that real estate investors can use to save money on taxes. I'm sharing insights from my recent tax strategy bootcamp, breaking down how to maximize tax benefits and minimize liabilities through strategic real estate investments.Timestamps:00:00:00 Intro00:00:50 Earned vs. Passive Income00:02:38 Avoiding FICA Taxes with Real Estate00:04:39 Depreciation and Cost Segregation00:05:55 Missed Deductions00:07:29 After-Tax Cost of Investments00:08:51 Maximizing Tax Savings with Strategic Spending00:10:07 Using Passive Losses to Offset Other Income00:14:25 Lazy 1031 Exchange Strategy00:16:34 Real Estate Professional StatusWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode of the LearnLikeaCPA show, we're diving into what we call the "Financial Freedom and Money Flow Roadmap." We break down a strategic approach to achieving financial independence by leveraging earned income, passive income, and smart investing. You'll learn how to funnel your earnings from a W-2 job or business into real estate, use tax strategies to minimize your burden, and optimize your investment portfolio for long-term gains. We're covering things like: Understanding the "Money Flow Roadmap" and its four buckets of income Transitioning from earned income to passive and portfolio income Utilizing taxable brokerage accounts to get better returns Strategies for minimizing taxes on rental income and capital gains The importance of Roth vs. traditional retirement accounts in your financial planTimestamps:00:00:00 Intro00:03:15 Earned Income and Its Limitations00:05:21 Transitioning to Passive Income00:09:00 Using Taxable Brokerage Accounts00:10:00 Portfolio Income and Tax Strategies00:13:04 Roth vs. Traditional Retirement Accounts00:24:12 Leveraging Real Estate Losses to Offset GainsWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, we're diving into tax strategies specific to midterm rental (MTR) properties. We explore a unique loophole that allows MTR investors to offset their active income without needing to qualify as a real estate professional. We discuss the importance of understanding the nuances between short-term, midterm, and long-term rentals, particularly when it comes to tax benefits. We also provide practical advice on how to structure leases, provide personal services, and maximize the tax efficiency of MTR investments. We're covering: Differences between short-term, midterm, and long-term rentals for tax purposes Strategies for providing personal services to qualify for tax benefits Practical tips for managing and structuring midterm rental properties How to maximize cash flow and tax savings with midterm rentalsTimestamps:00:00:00 Intro00:01:32 Qualifying for the MTR Loophole00:03:20 Providing Personal Services00:06:45 Structuring Leases for MTR Properties00:10:04 Tax Implications and Strategies00:12:20 Balancing Furnishing and Tax Benefits00:15:07 Tools and Resources for MTR InvestorsWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, I share my three-step framework for changing belief patterns and crushing your goals. I dive into strategies for real estate investors to pay minimal taxes and highlight the importance of having mentors or guides. Plus, I explain how simplifying your approach can lead to greater success. Key topics include: Three-step framework to change belief patterns Tax strategies for real estate investors Importance of having mentors or guides Simplifying your approach for better resultsTimestamps:00:00:00 Intro00:03:19 My 3-step investing framework00:06:03 Tax strategies for investors00:13:31 Getting a great mentor00:29:00 Simplifying your approach00:33:30 Investors who are crushing it today00:37:14 One last secretWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.

Ryan Bakke, an expert in real estate investment and debt management, shares his insights on the crucial debt-to-income ratio (DTI) and its significance for scaling real estate portfolios. He breaks down how to calculate DTI and emphasizes the importance of maintaining strong lender relationships. The discussion also covers the differences between short-term and long-term rental income, strategies for managing depreciation versus repair expenses, and the key role of liquidity in investment success.

From conducting cash on equity audits to finding specialized CPAs, this podcast episode shares key strategies for real estate investors. Learn about the importance of liquidity, asset protection, and managing financial issues in interconnected portfolios.