2147: Maximizing Real Estate Tax Benefits – Leveraging Real Estate for Maximum Savings

Today, Jason is interviewed with Easy Pay Direct founder, Brad Weimert.

Jason gives tremendous insights in Real estate investment. It offers significant leverage and tax benefits, especially through depreciation. Depreciating the structure on residential property over 27.5 years or 39 for commercial, allows you to treat it as a loss for tax purposes, even if you’re making money. This unique tax advantage is crucial for high-earning individuals. Advanced tax strategies include cost segregation for commercial properties and maximizing deductions. While residential cost segregation benefits have diminished, real estate remains one of the most tax-favored asset classes, providing long-term financial advantages. Always consult with tax professionals for personalized advice.

 

 

#RealEstateInvesting #TaxStrategies #PropertyTax #IncomeProperty #TaxSavings #CostSegregation #DepreciationBenefits #TaxPlanning #WealthBuilding #FinancialFreedom

Key Takeaways:

1:34 Share of income

3:52 Why SFH and why diversify geographically

6:32 Managing different RE asset classes

10:01 Remote investor

13:40 How to vet properties remotely

16:33 Starting the business in Orange country

19:13 $50+ million legal award and holding bad people accountable

26:51 Tax strategies and cost segragation

 


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