103. Real Estate CPA Explains How To Invest In Out-Of-State Properties

28/10/2024 18 min

Listen "103. Real Estate CPA Explains How To Invest In Out-Of-State Properties"

Episode Synopsis

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, we're walking through essential state-level tax planning strategies for real estate investors. We cover everything from property tax reassessments to navigating multi-state income tax issues and understanding occupancy taxes. I also break down the right way to structure LLCs when investing across multiple states to ensure legal and tax compliance.Timestamps:00:00:00 Intro00:00:42 Property Tax Reassessments00:03:15 Multi-State Income Tax Rules00:05:48 Managing Occupancy Taxes for Short-Term Rentals00:08:22 Structuring LLCs for Out-of-State Properties00:10:56 Depreciation Strategies to Maximize Tax Benefits00:13:30 Avoiding Common State Tax Pitfalls00:15:45 Staying Updated on State Tax ChangesWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.