⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm
🎙️ Episode #435 - Trump's new tax bill could save real estate investors $1000s this year, and it's flying under the radar. 100% bonus depreciation is back! We'll break down what's in the bill, how to use it, and how you can leverage this tax benefit to supercharge your savings.
▶️ Next Video: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside)
https://youtu.be/SgNXl8eqa2U?si=SPgkJ6_epwghvMhT
📄 Show Notes: https://www.coachcarson.com/bigbeautifulbill/
🎬 Timestamps:
- (0:00) - Does the bill benefit us, really?
- (2:42) - 100% bonus depreciation is back!
- (7:16) - Accelerated depreciation for everybody?
- (8:54) - Passive losses to offset gains
- (10:01) - The Status that supercharge tax savings
- (13:14) - Who qualifies for this Status?
- (16:54) - The short-term rental loophole
- (21:39) - Qualified Business Income Deductions (QBI)
- (25:09) - Consider these bill provisions
- (28:21) - Standard vs. itemized deductions
- (29:44) - More deductions for real estate investors
- (30:32) - Be proactive with your CPA
- (34:04) - Investing opportunities for your children
- (38:50) - How Much Tax Will You Owe Selling a Rental?
🔗 Connect with Amanda:
____________________________________________________________________
💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan
🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant
📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod