#1 Tax Loophole For Real Estate Investors (The Magic Of Cost Segregation!)
Published 2022-08-20
In this video, Toby Mathis, Esq. will show you the #1 tax loophole for real estate investors and how you can take advantage of this tax deduction that most accountants miss.
There is a tax loophole that real estate investors are not taking advantage of. The number one tax loophole we are talking about is the magic known as cost segregation.
Most accountants miss applying cost segregation to your taxes which is costing you in the long run. What is a good way to counteract this occurrence? Watch this video to learn more about how you can apply it to your finances.
As we stated, cost segregation is a type of magic for real estate investors.
"It makes a massive impact." 20:29
Don't let the ignorance of others prevent you from saving and building up your legacy in a significant way.
Learn more about cost segregation and take on the real estate world with confidence.
Did you enjoy the video? If so please consider leaving us a like as it helps keep us motivated to put out more content and helps our channel grow.
Subscribing to our channel is another excellent way to show your support for us and what we do. Take it a step further and share our videos on your various platforms and with those you think will benefit from them.
Finally, we love to hear from you. While we can not answer all of your questions we do our best to read everything and try our best to respond to as many of you as possible. If we are unable to answer questions, please join us for Tax Tuesday where we answer questions live!
Until next time, good luck with your real estate investing, and stay smart.
Show Notes:
0:00 Intro
0:56 Cost Segregation Example
13:32 Break from the Home
21:23 Nuances of Cost Segregation
26:33 The 3 Tests
32:39 Cost Segregation Studies
37:06 Outro
---------------------------------------------------------------------------------------------------------
SUBSCRIBE
aba.link/subscribe
~~~~
FREE REAL ESTATE INVESTMENT STRATEGY SESSION
Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. ๐ aba.link/84a6a3
FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: aba.link/8d1510
TAX TUESDAY LIVE
Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues ๐ aba.link/5fe4af
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
๐ Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: ๐๐ ๐ aba.link/IIWbook
Order Your Copy of โTax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here ๐ aba.link/tobyshop
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. ๐ aba.link/tobyaba
~~~~
FOLLOW US:
Instagram: aba.link/instagram
Facebook: aba.link/facebook
Twitter: aba.link/twitter
LinkedIn: aba.link/linkedin
TikTok: www.tiktok.com/@tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: [email protected]
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#realestateinvesting #costsegregation
All Comments (21)
-
Claim Your FREE 45-minute consultation to receive business planning tips and asset protection. ๐ aba.link/84a6a3
-
Toby, Thank you so much. I recently purchased 4 rentals and was struggling to understand the tax benefits between being passive, active, & a RE professional. IRS pub 527 didn't help. But in one sentence you made it clear. "Passive losses are only deductable from passive income." BOOM. Now I know which way to go. Thanks, Dirk
-
Very informative. Thank you
-
Thank you so much, Tobi!
-
Thanku. As usual, you killed it!!! Appreciate your time and effort sharing such potent content ๐๐ฟ
-
Thank you Toby!!
-
You will forever be in my prayers. Thank you so much for all you do and share
-
Wow you videos are amazing!
-
Thanks for the video
-
Great video. Thanks!
-
Awesome presentation, Toby!
-
Awesome content!
-
Thank you for the wonderful information and teaching; your shared knowledge is much appreciated
-
Thanks !!!
-
This was valuable information!!!!! Thank you soooo much! ๐
-
Wow!, great stuff Toby, thanks for sharing
-
Thanks a million Toby.
-
excellent, thank you for your knowledge.
-
This is one of the most useful videos I've seen in YouTube
-
Thanks for sharing!