Episode 294 - Mike & Kevin┃How investors use taxes to their advantage┃Step By Step Guide

Want to learn more about Vodyssey or start your STR journey. Book a call here:https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7In this episode, Shawn Moore discusses the recent tax law changes with tax experts Mike Pine and Kevin Schneider. They delve into the implications of bonus depreciation, the importance of quality assets, and the nuances of depreciation recapture. The conversation also covers the benefits of short-term rentals, material participation, and the exciting opportunities presented by Opportunity Zones. The experts emphasize the need for knowledgeable tax advisors to navigate these complexities and maximize tax benefits for high-income earners.GET IN CONTACT WITH MIKE & KEVINhttps://www.revotaxpayer.com/LISTEN TO THEIR PODCASThttps://www.hiddenmoney.com/FOLLOW US:https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@vodysseyshawnmooreChapters00:00:00 Introduction to Tax Strategies for Investors00:03:02 Understanding Bonus Depreciation00:05:51 The Importance of Quality Assets00:08:46 Navigating Depreciation Recapture00:11:48 The Role of Tax Advisors00:14:59 Short-Term Rentals vs. Long-Term Rentals00:18:02 Material Participation in Short-Term Rentals00:21:01 Opportunity Zones Explained00:24:50 Tax Benefits of Opportunity Zones00:28:53 Other Tax Benefits in the New Bill00:31:49 The Future of Tax Incentives00:36:00 Conclusion and Final Thoughts