11 Most Effective Strategies To Reduce Taxes For Real Estate Investors

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Toby Mathis Esq | Tax Planning & Asset Protection

Toby Mathis Esq | Tax Planning & Asset Protection

Күн бұрын

Пікірлер: 40
@TobyMathis
@TobyMathis 2 жыл бұрын
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
@balsagabriela5372
@balsagabriela5372 2 жыл бұрын
Excellent information GreAt video in the morning and waiting for the afternoon Tuesday. Thank you for me is like college.
@wazirshahid
@wazirshahid 2 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?
@TobyMathis
@TobyMathis 2 жыл бұрын
We will consider it.
@wazirshahid
@wazirshahid 2 жыл бұрын
@@TobyMathis Thanks!
@anitahsiao4505
@anitahsiao4505 2 жыл бұрын
Great video, very informative! 🙏
@brandenschiess9632
@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!
@teslarex
@teslarex 2 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-k8x
@AngelMendez-k8x 11 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
@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?
@BruceLeeManMythLegend
@BruceLeeManMythLegend 2 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?
@christophernavarro3021
@christophernavarro3021 2 жыл бұрын
I have an S Corp, how can I lower taxes through real estate. Would love a video with details
@trangdinh3014
@trangdinh3014 2 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?
@philipworl9340
@philipworl9340 8 ай бұрын
Thank you!
@TobyMathis
@TobyMathis 8 ай бұрын
You're welcome!
@larryfilbeck7067
@larryfilbeck7067 2 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
@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?
@TrueNovice
@TrueNovice 2 жыл бұрын
What if you buy a 2 family house, live in 1 apartment and rent out the other. Can you depreciate?
@teslarex
@teslarex 2 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.
@KH15037
@KH15037 2 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
@TobyMathis
@TobyMathis 2 жыл бұрын
Great suggestion! We will make a note of it!
@Chuckyeager1942
@Chuckyeager1942 2 жыл бұрын
Can you speak to airplane bonus depreciation.
@alejandrorobles1628
@alejandrorobles1628 5 ай бұрын
What is a normal fee for a professional tax preparation that has all the knowledge in real estate investing tax prep
@TobyMathis
@TobyMathis 5 ай бұрын
You can set up a free consultation here: aba.link/ame
@billdoherty5332
@billdoherty5332 2 жыл бұрын
Thanks your the Best
@andresruizbriseno302
@andresruizbriseno302 2 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?
@TobyMathis
@TobyMathis 2 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/
@schmoola1613
@schmoola1613 Ай бұрын
Hello- do you have an office in Illinois?
@schmoola1613
@schmoola1613 Ай бұрын
​@@TobyMathisdo you have an office in Illinois?
@millonariosconcheys6012
@millonariosconcheys6012 2 жыл бұрын
for depression acceleration, it has to be with the year the property was built?
@sadams6663
@sadams6663 2 жыл бұрын
Depression? Haha
@corinatello
@corinatello 2 жыл бұрын
Toby, let me be your Spanish interpreter. I am translating all info and teaching my audience.
@online_screen_name
@online_screen_name 2 жыл бұрын
And what happens to the deductions after 27.5 years?
@Jeff-gd8ev
@Jeff-gd8ev 2 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.
@ktvktv6575
@ktvktv6575 2 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.
@TobyMathis
@TobyMathis 2 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.
@murphyslaw7819
@murphyslaw7819 2 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.
@cletusandrew3838
@cletusandrew3838 2 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
@ethelperry4529
@ethelperry4529 Жыл бұрын
👍❣👋🐢
@Mozart2024
@Mozart2024 2 жыл бұрын
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