EPISODE · Nov 16, 2023 · 37 MIN
How to Minimize Taxes as a Real Estate Investor with Wes Mabry
from Barely Liquid - Planning a Life around Illiquidity · host Jake Crandall
If you own real estate, or aspire to own real estate, come dive into the weeds with Wes and I as we discuss all things Cost Segregation. Wes was incredibly generous with his time and expertise. We discuss: - Cost Segregation, taxes and real estate investments (0:02) - Real estate depreciation and tax benefits (4:57) - Bonus depreciation for real estate investors (9:05) - Tax benefits for converting primary residence to rental property (19:58) You can find Wes at 1245consulting.com Reminder - I am not your accountant or your advisor. Please consult with your tax advisor, financial advisor or attorney regarding your specific situation! James “Jake” Crandall offers products and services using the following business names: Foster Financial Group or Canvas Financial – insurance and financial services | Ameritas Investment Company, LLC (AIC), Member FINRA(www.finra.org)/SIPC(www.sipc.org) – securities and investments | Ameritas Advisory Services (AAS) – investment advisory services. AIC and AAS are not affiliated with Foster Financial Group or Canvas Financial. Products and services are limited to residents of states where the representative is registered. This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your representative. Read it carefully before you invest or send money. A representative will contact you to provide requested information. Representatives of AIC and AAS do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation. Information posted to this site by 3rd parties or links to 3rd party sites are not created or endorsed by AIC, AAS or their representatives. Their information is believed to be from reliable sources; however, their content cannot be guaranteed. All of the endorsements and/or client testimonials posted on this (Facebook/LinkedIn/Twitter page) are unpaid and unsolicited. The experiences and views shared do not necessarily represent the perspectives or experience of all clients. Any review or discussion of individual investments and/or performance or results should not be construed as indicative of the experience of all clients, nor does it offer any assurance or indication of future results.
What this episode covers
If you own real estate, or aspire to own real estate, come dive into the weeds with Wes and I as we discuss all things Cost Segregation. Wes was incredibly generous with his time and expertise. We discuss: - Cost Segregation, taxes and real estate investments (0:02) - Real estate depreciation and tax benefits (4:57) - Bonus depreciation for real estate investors (9:05) - Tax benefits for converting primary residence to rental property (19:58) You can find Wes at 1245consulting.com Reminder - I am not your accountant or your advisor. Please consult with your tax advisor, financial advisor or attorney regarding your specific situation! James “Jake” Crandall offers products and services using the following business names: Foster Financial Group or Canvas Financial – insurance and financial services | Ameritas Investment Company, LLC (AIC), Member FINRA(www.finra.org)/SIPC(www.sipc.org) – securities and investments | Ameritas Advisory Services (AAS) – investment advisory services. AIC and AAS are not affiliated with Foster Financial Group or Canvas Financial. Products and services are limited to residents of states where the representative is registered. This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your representative. Read it carefully before you invest or send money. A representative will contact you to provide requested information. Representatives of AIC and AAS do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation. Information posted to this site by 3rd parties or links to 3rd party sites are not created or endorsed by AIC, AAS or their representatives. Their information is believed to be from reliable sources; however, their content cannot be guaranteed. All of the endorsements and/or client testimonials posted on this (Facebook/LinkedIn/Twitter page) are unpaid and unsolicited. The experiences and views shared do not necessarily represent the perspectives or experience of all clients. Any review or discussion of individual investments and/or performance or results should not be construed as indicative of the experience of all clients, nor does it offer any assurance or indication of future results.
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How to Minimize Taxes as a Real Estate Investor with Wes Mabry
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