#1 Tax Loophole For Real Estate Investors (The Magic Of Cost Segregation!)
Published 2022-08-20
In this video, Toby Mathis, Esq. will show you the #1 tax loophole for real estate investors and how you can take advantage of this tax deduction that most accountants miss.
There is a tax loophole that real estate investors are not taking advantage of. The number one tax loophole we are talking about is the magic known as cost segregation.
Most accountants miss applying cost segregation to your taxes which is costing you in the long run. What is a good way to counteract this occurrence? Watch this video to learn more about how you can apply it to your finances.
As we stated, cost segregation is a type of magic for real estate investors.
"It makes a massive impact." 20:29
Don't let the ignorance of others prevent you from saving and building up your legacy in a significant way.
Learn more about cost segregation and take on the real estate world with confidence.
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Until next time, good luck with your real estate investing, and stay smart.
Show Notes:
0:00 Intro
0:56 Cost Segregation Example
13:32 Break from the Home
21:23 Nuances of Cost Segregation
26:33 The 3 Tests
32:39 Cost Segregation Studies
37:06 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#realestateinvesting #costsegregation
All Comments (21)
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Claim Your FREE 45-minute consultation to receive business planning tips and asset protection. 👉 aba.link/84a6a3
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Thank you so much, Tobi!
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Very informative. Thank you
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Thanku. As usual, you killed it!!! Appreciate your time and effort sharing such potent content 👏🏿
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Reducing your tax liability is a smart financial move. It's all about strategic investments and leveraging tax-saving opportunities. I've seen significant benefits by diversifying my portfolio and taking advantage of tax-efficient investment vehicles. It's not about avoiding taxes, but rather optimizing them to maximize your wealth. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made...
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Great video. The one thing I wish everyone would stop doing is referring to this as a "loophole". It is an Incentive. The government has created incentives to encourage people to buy real estate, vehicles and other goods, and offer a tax savings if they do. This is done as a stimulus to the economy. It gives people jobs and, in the case of rental real estate, it gives people places to live that other wise wouldn't exist. It is fair and effective. Politicians refer to these incentives as loopholes as a way to vilify the use and claim people don't pay tax. Thanks again, Toby!
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You will forever be in my prayers. Thank you so much for all you do and share
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Toby, Thank you so much. I recently purchased 4 rentals and was struggling to understand the tax benefits between being passive, active, & a RE professional. IRS pub 527 didn't help. But in one sentence you made it clear. "Passive losses are only deductable from passive income." BOOM. Now I know which way to go. Thanks, Dirk
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Wow you videos are amazing!
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Thank you Toby!!
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Thanks for the video
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Great video. Thanks!
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Awesome content!
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Thanks !!!
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Awesome presentation, Toby!
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This is one of the most useful videos I've seen in YouTube
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Thank you for the wonderful information and teaching; your shared knowledge is much appreciated
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Interested in your Cost Seg referral, I'm in the DFW (Denton) area. Thank you for the excellent video(s)!!
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Thanks a million Toby.
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Wow!, great stuff Toby, thanks for sharing
