Tax Smart Real Estate Investors Podcast

In this episode, Thomas Castelli and Ryan Carriere are joined by James Svetec, founder of BNB Inner Circle, co-author of Airbnb for Dummies, and one of the world’s leading STR experts, to discuss - The current state of the short-term rental (STR) market. - What you need to know when acquiring STRs in 2024. - Practical tips for optimizing your property and listings to stand out in a crowded marketplace. Ryan and I also discussed whether or not the STR Loophole is still a viable tax strategy in 2024. More from James: https://bnbinnercircle.com/ Join the January QBO Bootcamp: www.TaxSmartInvestors.com/Bookkeeping To become a client, request a consultation from Hall CPA, PLLC at www.therealestatecpa.com/podcast Follow Us On Social Media Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Join our Facebook group: www.taxsmartinvestors.com/facebook Subscribe to or weekly newsletter for more tax tips: https://newsletter.taxsmartinvestors.com/podcast Follow Thomas: twitter.com/thomascastelli_ Follow Ryan: www.linkedin.com/in/ryancarriere/ 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.

Troy Eckard, with nearly 40 years of experience investing in Oil & Gas, and Mineral Rights, joins Ryan Carriere and Thomas Castelli to discuss tax and investment benefits of energy investments, risks to avoid, tax benefits of oil & gas investment, navigating the investment landscape, investing with reputable individuals, alternative assets, and real estate investment strategies.

Taylor Brugna, an accounting expert and real estate investor, joins the podcast to discuss the importance of having a good accounting system for real estate businesses. They cover topics like the benefits of current financials, pitfalls of neglecting accounting, and practical solutions for handling this side of the business.

In this episode, Ryan Carriere and Thomas Castelli are joined by Rod Khleif to discuss what he believes 2024 has in store for the real estate market, including: - The commercial real estate reckoning? - The incredible opportunities in multifamily - Where to invest in 2024, the mindset & education necessary, and more! Rod's Bootcamp: www.rodslinks.com - Use code: taxsmart Enroll in The STR Tax Course for Free www.taxsmartinvestors.com/freestrcourse Ready to Become a Client? Request a consultation from Hall CPA at www.therealestatecpa.com/podcast Follow Us On Social Media Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Join our Facebook group: www.taxsmartinvestors.com/facebook Follow Thomas: twitter.com/thomascastelli_ Follow Ryan: https://www.linkedin.com/in/ryancarriere/ 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.

The hosts answer pressing real estate tax questions such as when not to do a cost segregation study and grouping short-term rentals. They also discuss bonus depreciation for cars and make a major announcement. The podcast covers real estate taxation, considerations for lending, and concludes with gratitude and a call to action.

Year-end tax strategies for real estate investors discussed include the lazy 1031 exchange, maximizing vehicle deductions, year-end STR issues, cost segregation timing, and more. Other topics covered include short-term rental loophole, job openings, due diligence, deducting vehicles and equipment for tax savings.

This podcast discusses proven tax strategies for real estate investors and business owners, including home office and vehicle deductions, employing children in businesses for tax benefits, and strategies to reduce taxes such as self-directed IRAs and contribution limits for retirement accounts.

Learn about effective strategies to reduce taxes on W-2 and other active income through real estate. Understand the risks of relying solely on tax benefits from short-term rentals. Discover how solar credits can offset tax liability on rental properties. Explore major income offset strategies and the benefits of becoming a private client for tax advice.

In this episode, Brandon Hall and Thomas Castelli discuss LLCs and entity structures for real estate investors, including: - Why you shouldn't use an S-Corp for rental real estate. - When S-Corps do make sense for real estate investors. - What types of LLCs make sense for real estate from a tax perspective. Getting your entity structure right from the beginning might just save you a bundle in taxes... Apply today: www.therealestatecpa.com/careers Email suggestions to: hello@taxsmartinvestors.com Become a Tax Smart Insider today and claim your free bonuses today at www.taxsmartinvestors.com/insiders Enroll in our Tax Strategy Foundation for Limited Partners course: www.taxsmartinvestors.com/limitedpartners Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Join our Facebook group, the one-stop-shop for real estate investors to learn about tax strategy and stay up to date on changing tax laws: www.facebook.com/groups/taxsmartinvestors To become a client, request an initial consultation from Hall CPA, PLLC at www.therealestatecpa.com/become-client Follow Brandon on Twitter: @bhallcpa Follow Thomas on Twitter: @thomascastelli_ 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.

Learn about the 2024 Corporate Transparency Act (CTA) and its impact on real estate investors. Discover the filing requirements and penalties for non-compliance. Explore the exemptions and criteria outlined in the CTA, as well as reporting requirements. Understand the importance of filing for beneficial ownership interest and the need for collaboration between attorneys and accountants.