Listen "06. PADS: How One Tax Move Saved a Client Almost $1M in Deductions"
Episode Synopsis
In this episode of the Major League Real Estate Podcast, Nathan Sosa and Matt Hamilton dive into one of the most overlooked, but highly impactful, real estate tax strategies: partial asset dispositions (PADs).
Nathan and Matt walk through:
- What a PAD actually is and how it prevents you from depreciating the same asset twice
- Why failing to write off disposed components (like a roof or HVAC unit) is one of the most common missed deductions
- How one client saved nearly $1 million in deductions by cleaning up depreciation schedules
- The difference between proactive and retroactive PAD strategies and which one you should be doing
- And more
Request a free discovery meeting: go.therealestatecpa.com/mlre
Subscribe to the REI Daily Newsletter: go.therealestatecpa.com/mlresubscriber
Get the Ultimate Guide for Real Estate Syndications: go.therealestatecpa.com/mlreultimateguide
The Major League Real Estate podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, investing, financial, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
Nathan and Matt walk through:
- What a PAD actually is and how it prevents you from depreciating the same asset twice
- Why failing to write off disposed components (like a roof or HVAC unit) is one of the most common missed deductions
- How one client saved nearly $1 million in deductions by cleaning up depreciation schedules
- The difference between proactive and retroactive PAD strategies and which one you should be doing
- And more
Request a free discovery meeting: go.therealestatecpa.com/mlre
Subscribe to the REI Daily Newsletter: go.therealestatecpa.com/mlresubscriber
Get the Ultimate Guide for Real Estate Syndications: go.therealestatecpa.com/mlreultimateguide
The Major League Real Estate podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, investing, financial, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
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