49: Real Estate Tax Tips, Jokes, and Loopholes With Amanda Han
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
In today’s episode of the BiggerPockets Podcast, we are going to talk about something you may think is a bit boring… taxes.. BUT WAIT! Perseverance Before you move on to go watch the latest episode of Dancing with the Stars… I promise you this interview isn’t going to bore you to tears, but in-fact could potentially save you thousands of dollars this year alone on your upcoming tax bill. Today, real estate investor and CPA Amanda Han is going to bring a TON of really great tips and advice to help you make sure you are making, and keeping, the most wealth possible. Additionally, this show is one of the most fun interviews we’ve done on the Podcast, so it definitely brings the once-boring topic of tax planning to a whole new entertaining level. No matter what stage of investing you are in – you definitely don’t want to miss this incredible show. Read the transcript for episode 49 with Amanda Han here. In This Show, We Cover:How to find a good syndication dealImportant tax changes YOU need to know for 2013 and 2014The Obamacare Tax – do you need to pay it?The loophole that allows real estate investors to write off “paper losses.”The new laws and tax changes that may limit your mortgage interest deductionWhen to talk to a tax strategistHow to find a great CPAThe biggest misconceptions about tax deductionsWhat legal entity should you have?Things YOU need to do before the end of 2013How to deduct your cat food?Investing with a Self Directed IRACommon tax mistakes that many investors makeAnd much, much more.Books Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThe Four Hour Workweek by Timothy FerrissTweetable TopicsWhen looking at syndicated deals, the #1 most important thing to look at is the syndicator, the team behind the deal. (Tweet This!)If you’re educating your accountant, it’s probably time to find a new one. (Tweet This!) Connect with AmandaAmanda’s BiggerPockets ProfileAmanda’s Company Website: KeystoneCPA.com