Applying Advanced CPA Tax Strategies to Your Short Term Rentals with Amanda Han - Episode #223

Amanda Han is a highly accomplished tax strategist and real estate investor, known for her expertise in working with real estate investors to develop tax-saving strategies. With over a decade of experience in the industry, including time with one of the Big Four accounting firms (Deloitte), Amanda brings a unique blend of financial expertise and real-world investing knowledge to her work. She co-founded Keystone CPA with her husband and immediately saw the need for real estate investors and tax savings, so they bridged that gap. Today, Amanda has helped countless real estate investors navigate the complex world of tax laws and develop strategies to minimize their tax liabilities and maximize their profits. Amanda's impressive portfolio includes a range of long-term rental properties and real estate syndications (catch that at the end of the episode). She is the co-author of several books related to real estate investing and tax strategies, including "The Book on Tax Strategies for the Savvy Real Estate Investor" and "The Book on Advanced Tax Strategies." Her work has been featured in Forbes, CNBC, and Fox Business, among other media outlets. Amanda's deep knowledge of tax laws, combined with her practical experience as a real estate investor, make her an invaluable resource for anyone looking to maximize their investment in real estate. Her expertise helps entrepreneurs discover income they didn’t realize was possible with tax savings. Amanda is a true trailblazer, a true expert, and just as passionate as we all are here in the lab. If you're looking to learn from one of the best in the business, Amanda Han is the perfect guide. Let’s build! HIGHLIGHTS OF THE EPISODE: 07:03 Amanda talks about translating her big firm CPA experience to regular investors 34:17 Amanda talks about how real estate couples can gain extra household income by quitting their jobs?! KEEPING IT REAL: 03:15 What does Amand do? 04:50 Niching down to real estate 07:03 CPA for regular investors 09:58 What hold people back from real estate investing 12:20 What investors aren’t doing 15:13 What investors should be tracking now 19:19 Thoughts on building credit 25:15 Reps tracker and other tools 26:57 Three main tax reduction hurdles 29:28 How often do people get audited 32:29 Tax strategy case studies 34:17 Extra household income 37:13 Tax strategy is not sexy but it changes lives 38:35 What’s next for Amanda Han 40:08 Passive investments in syndication 41:15 Where to connect with Amanda CONNECTING WITH THE GUEST Website:  https://www.keystonecpa.com/ Instagram: https://www.instagram.com/amanda_han_cpa/ Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE #taxstrategy #realestateinvesting #taxsavings #CPA #taxdeductions