The Tax Benefits Of Real Estate: Keys to Success Every Real Estate Investor Needs To Know with Natalie Kolodij - Episode 250

In this episode, Natalie Kolodij and I discuss Multiple ways to generate Tax-Free Income with real estate. So if you want to Avoid the most common Real Estate Tax Mistakes, Understand your tax return and what questions to ask your Tax Advisor, and how to save on taxes by employing your children so you can learn Multiple ways to generate Tax-Free Income with real estate, tune in now! In this episode, you'll discover: "Avoiding the most common Real Estate Tax Mistakes" Numerous Tax benefits of real estate Understanding your tax return and what questions to ask your Tax Advisor Creating Generational Wealth through Employing your children Stop your planning for Tik and IG and learn to dig deeper Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com  Who's The Guest? Natalie Kolodij is an IRS Enrolled Agent and Real Estate Tax Strategist™. She's worked exclusively with real estate investors since 2017 and cultivates tax strategies for those who are building wealth through real estate. She started her investing journey by flipping mobile homes to resell on owner financing and now focuses on buy and hold. Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected] Call his office - 610-622-3121 Coffee Connects with Curtis Connect with Natalie Kolodij https://www.kolotax.com/ https://www.youtube.com/channel/UCofp5qyVGbdVcCR3yV0l15A https://www.instagram.com/re_tax_strategist/ https://www.facebook.com/Kolotax/ https://www.linkedin.com/in/nkolodij  Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation Show Notes Who is Natalie Kolodij? How she got started in the field Benefits of real estate investing Why should you hire a tax professional for your business? Pros and cons of investing in a 401k Different types of real estate investments and their tax implications Tax benefits for rental properties Things to look out for when hiring a tax professional Types of costs that you may encounter when renting out a property Cost segregation for real estate renovations Different types of real estate tax benefits Employing your children Benefits of paying your kids to work for your business Paying for a salary versus giving an allowance Setting up payroll and filing taxes for kids at work Income shifting for real estate investors Withholding the right amount of taxes Understanding your taxes Why should you file your taxes early? How to reach out to Natalie Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS