11 Most Effective Strategies To Reduce Taxes For Real Estate Investors

[@TobyMathis]

Learn about Real Estate & Asset Protection at our next ALL DAY FREE LIVESTREAM 9 AM to 4 PM PT. Our attorneys and specialists answer ALL questions you bring to us at this event we have two times a month. Save Your Seat: aba.link/39bb66

[@wazirshahid]

Hi Toby, It's a great video!. I was wondering would you make any video on Offshore(Foreign) rental property? US Taxes/Dual Taxes/LLC consequences?

[@TobyMathis]

We will consider it.

[@wazirshahid]

@@TobyMathis Thanks!

[@balsagabriela5372]

Excellent information GreAt video in the morning and waiting for the afternoon Tuesday. Thank you for me is like college.

[@anitahsiao4505]

Great video, very informative! 🙏

[@brandenschiess9632]

Love your content Toby! I have a question about offsetting passive depreciation and income from cashing out my IRA before I'm 59 1/2. First, my wife is a Realtor and I am a home builder and own a construction business. I also have an LLC and invest in Syndications for multifamily housing. We also own single family rentals. 1. Is there any way to avoid paying the 10% penalty from early withdrawal. 2. Can my depreciation from my rentals and Syndication K-1 depreciation offset the income I take from cashing out the IRA, to invest in Real Estate. Can you do a video that addresses this? Thanks Toby!

[@newpaco3333]

Hey Toby. What about the RV rental business on say Outdoorsy or RVshare. I plan to rent it out as a daily or weekly rental, can it be considered an Airbnb? Say I bought one for $100,000 how would I be able to deduct the cost as a business expense or payback to me?

[@teslarex]

Great video! Alot of great ideas. I've been thinking of retiring to the Vegas/Henderson area to save on taxes. May invest in property there too. SoCal is very expensive to live and for taxation😕

[@AngelMendez-k8x]

Hi Tobby, I built 3-5 new homes a yr. How do I make the transfer from my new built home to a rental or AirBnB?

[@philipworl9340]

Thank you!

[@TobyMathis]

You're welcome!

[@BruceLeeManMythLegend]

I only have one property and don't plan on getting anymore. Is one house pretty cut and dry as far as tax advantages?

[@billdoherty5332]

Thanks your the Best

[@Chuckyeager1942]

Can you speak to airplane bonus depreciation.

[@christophernavarro3021]

I have an S Corp, how can I lower taxes through real estate. Would love a video with details

[@KH15037]

Hi Toby, would u or Clint be able to do a video on proper asset protection in California where there is a primary residence + a detached ADU on the same parcel? The ADU in this case would have a separate address. Thanks

[@TobyMathis]

Great suggestion! We will make a note of it!

[@alejandrorobles1628]

What is a normal fee for a professional tax preparation that has all the knowledge in real estate investing tax prep

[@TobyMathis]

You can set up a free consultation here: aba.link/ame

[@trangdinh3014]

What happened if you have full time job, will it impacts on the 10-Red Pro/activity 25k, or qualify for the 25K loss?

[@adelinachernykh8114]

I guess it is only related to American taxation system. Living in Australia would have different methods and options, wouldn’t it?

[@larryfilbeck7067]

Toby could you please do a video about schedule R tax credit for the disabled and elderly i understand it could save people 5 to 7 thousand dollars on their tax bill no one seems to be talking about this can you do a video on it

[@millonariosconcheys6012]

for depression acceleration, it has to be with the year the property was built?

[@sadams6663]

Depression? Haha

[@TrueNovice]

What if you buy a 2 family house, live in 1 apartment and rent out the other. Can you depreciate?

[@teslarex]

Great idea. My first house was a triplex.I loved in one rented 2. I think we depreciated the 2 rental units. Now I rent 3. It's been a great property-rents have gone up, property value up.

[@andresruizbriseno302]

Hi Toby, I’m in CA and my wife wants a CA based attorney that we can talk to. Do you have an office/referral in the SF bay area?

[@TobyMathis]

While we do not have a physical location in CA, we do operate there. Here is a link to our website andersonadvisors.com/

[@schmoola1613]

Hello- do you have an office in Illinois?

[@schmoola1613]

​@@TobyMathisdo you have an office in Illinois?

[@corinatello]

Toby, let me be your Spanish interpreter. I am translating all info and teaching my audience.

[@online_screen_name]

And what happens to the deductions after 27.5 years?

[@Jeff-gd8ev]

No more deductions after 27.5 years; it's fully depreciated. So in his example of a property that you buy for $1M, $200K of which is land, then after 27.5 years the tax basis is now $200K (the other $800K being fully depreciated). And so if you sell it for $1.5M, you'd have $1.3M of capital gain.

[@ktvktv6575]

Excellent video(s). However, in reviewing your Yelp rating, some of the comments from your clients are somewhat discouraged. I am looking for someone like yourself to work with but I am afraid that I am going to end up some trainee who either have no idea or no experience.

[@TobyMathis]

We would recommend checking our our profile on the BBB website. We also offer free consolations if you ever want to gain a feel for the quality Anderson provides.

[@ethelperry4529]

👍❣👋🐢

[@Mozart2024]

Don’t get 1099’s