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@balsagabriela53722 жыл бұрын
Excellent information GreAt video in the morning and waiting for the afternoon Tuesday. Thank you for me is like college.
@wazirshahid2 жыл бұрын
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?
@TobyMathis2 жыл бұрын
We will consider it.
@wazirshahid2 жыл бұрын
@@TobyMathis Thanks!
@anitahsiao45052 жыл бұрын
Great video, very informative! 🙏
@brandenschiess9632 Жыл бұрын
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!
@teslarex2 жыл бұрын
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-k8x11 ай бұрын
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?
@newpaco3333 Жыл бұрын
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?
@BruceLeeManMythLegend2 жыл бұрын
I only have one property and don't plan on getting anymore. Is one house pretty cut and dry as far as tax advantages?
@christophernavarro30212 жыл бұрын
I have an S Corp, how can I lower taxes through real estate. Would love a video with details
@trangdinh30142 жыл бұрын
What happened if you have full time job, will it impacts on the 10-Red Pro/activity 25k, or qualify for the 25K loss?
@philipworl93408 ай бұрын
Thank you!
@TobyMathis8 ай бұрын
You're welcome!
@larryfilbeck70672 жыл бұрын
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
@adelinachernykh8114 Жыл бұрын
I guess it is only related to American taxation system. Living in Australia would have different methods and options, wouldn’t it?
@TrueNovice2 жыл бұрын
What if you buy a 2 family house, live in 1 apartment and rent out the other. Can you depreciate?
@teslarex2 жыл бұрын
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.
@KH150372 жыл бұрын
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
@TobyMathis2 жыл бұрын
Great suggestion! We will make a note of it!
@Chuckyeager19422 жыл бұрын
Can you speak to airplane bonus depreciation.
@alejandrorobles16285 ай бұрын
What is a normal fee for a professional tax preparation that has all the knowledge in real estate investing tax prep
@TobyMathis5 ай бұрын
You can set up a free consultation here: aba.link/ame
@billdoherty53322 жыл бұрын
Thanks your the Best
@andresruizbriseno3022 жыл бұрын
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?
@TobyMathis2 жыл бұрын
While we do not have a physical location in CA, we do operate there. Here is a link to our website andersonadvisors.com/
@schmoola1613Ай бұрын
Hello- do you have an office in Illinois?
@schmoola1613Ай бұрын
@@TobyMathisdo you have an office in Illinois?
@millonariosconcheys60122 жыл бұрын
for depression acceleration, it has to be with the year the property was built?
@sadams66632 жыл бұрын
Depression? Haha
@corinatello2 жыл бұрын
Toby, let me be your Spanish interpreter. I am translating all info and teaching my audience.
@online_screen_name2 жыл бұрын
And what happens to the deductions after 27.5 years?
@Jeff-gd8ev2 жыл бұрын
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.
@ktvktv65752 жыл бұрын
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.
@TobyMathis2 жыл бұрын
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.
@murphyslaw78192 жыл бұрын
The wise stay financial stable by spending less and investing more and the unwise remains poor by spending more and yet not investing like the wise ones do.
@cletusandrew38382 жыл бұрын
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend either real estate or crypto and stocks