How to Pay No Taxes with Real Estate Investing with Tom Wheelwright - Episode 443

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Today’s episode of Investing in Real Estate is sponsored by ZipRecruiter. Hiring is challenging. But there’s one place you can go where hiring is simple, fast and smart. A place where growing businesses connect to qualified candidates. That place is ZipRecruiter. Right now, our listeners can try ZipRecruiter for free by visiting ziprecruiter.com/investing.

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The 2018 tax code brought about sweeping changes to the real estate investing industry. From a 20% deduction to bonus depreciation, this tax law offers many incredible advantages to real estate investors. If there’s one person who knows and understands the intricacies of the tax law, it’s our favorite CPA, Tom Wheelwright.  

On this episode, Natali and I are welcoming back Tom Wheelwright to discuss the new tax law and what it means for investors! We’ll talk about how to take full advantage of the tax code, how to get the most out of your deductions, and how you can find a real estate savvy CPA! You won’t want to miss this episode of Investing in Real Estate! 

On this episode you’ll learn:

  • How bonus depreciation works.

  • How cost segregation has changed in the new tax code.

  • Why you should conduct a cost segregation in the same year that you purchase a property.

  • The main reasons why rental real estate should be owned in a passthrough entity

  • Two ways to take advantage of passive loss.

  • What you get when you work with the team at WealthAbility!