#282: How to Avoid Income Taxes (Legally) With Real Estate Investing | Coach Carson Podcast
Episode #282 - If you make $100K in earned income, you may pay ~$30K in income taxes. But say you make that same $100K in rental income, you can (legally) pay $0 of taxes, instead. Find out how and discover the tax form that every real estate investor should know.
COMPANION ARTICLE/SHOW NOTES/LINKS: link
TIMESTAMPS:
0:00 - Power of Real Estate
1:44 - Behind the scenes
5:11 - CPA firm + REI
8:42 - Rental vs. Earned Income
13:40 - Depreciation
20:14 - Passive Losses
23:49 - Cost Segregation
33:25 - Short-term Rental
38:34 - Real Estate Pro
44:32 - Buy & Hold Long-term
53:28 - 1031 Exchange
57:29 - Self Directed IRA
1:02:21 - Connect with Brandon
______________________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals link
__________
💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork!
__________
🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! link
----------------
▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews link
----------------
📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT link
----------------
----------------
READ MY BOOK ON RETIRING EARLY 📚 link
----------------