MONEY BUYS FREEDOM PODCAST #47 ANA KARINA 

 What is a consumption tax | Real Estate Tax Loopholes | Short term rental loophole | Ana Karina CPA 

LIVE PODCAST EVERY WEEK ON YOUTUBE LINKEDIN AND INSTAGRAM and available on Apple podcast Spotify and YouTube the next day 

#realestatetax #shorttermrentalsloophole #taxstrategies   

WEBSITE: https://linktr.ee/Wynningteam757

SPOTIFY: https://open.spotify.com/show/1TI7GrjdhC0yiLDq4CIDRZ

APPLE PODCAST: https://podcasts.apple.com/podcast/id1574057279?ign-itscg=30200&ign-itsct=lt_p

LINKEDLN: https://www.linkedin.com/company/changingthegamepodcast/?viewAsMember=true 

HOST: Tyler Wynn ( https://www.instagram.com/wynningteamnetwork/ )  

FEATURING: Ana Karina ( https://www.instagram.com/anakcpa/ ) 

#47 Join us on this exciting episode of MONEY BUYS FREEDOM PODCAST as we welcome Ana Karina, a renowned real estate tax CPA. Ana will share her expertise on all the tax loopholes in the real estate industry and the ins and outs of a consumption tax. Discover how to make the most of short-term rental tax loopholes and understand the benefits of bonus depreciation. This is a must-listen for all real estate professionals and those interested in maximizing their tax benefits. Tune in feb 7 11am live and expand your knowledge on real estate tax strategies.  

0:00 Intro 

0:20 Why a CPA 

1:30 Why Real Estate TAX 

2:00 Why investor pay no tax 

2:40 w2 vs business owner 

3:30 IRS IS YOUR PARTNER 

5:00 What is depreciation 

6:00 Cost Segregation  

6:20 Calculating your cost segregation 

7:54 Short term rental loophole 

8:30 TRUMP playing the game 

8:40 not being able to take loss if? 

9:40 real estate professional status 

11:00 IRS guilty tell proven innocent 

11:50 Augusta Rule 

13:00 what to ask your tax professional 

14:30 TAX laws always change 

15:20 you cant call the IRS for help 

15:34 consumption tax 

17:36 TAX THE RICH 

19:05 Tax code problems 

19:30 They don't trust w2 to pay taxes 

20:22 GET a side business/ social security 

21:13 100k is the new 50k 

22:00 self employment vs w2 taxes  

24:25 Write OFFs for business 

26:34 Predetermine your write offs 

29:00 Writing off food for business 

30:30 group write off for food 

30:40 Paying your kids 13k 

33:20 common rental write off mistake 

34:20 writing off mileage/cars 

36:30 paying no taxes on selling property 

40:30 seller finance taxes 

45:40 1031 exchange misconception 

49:20 question to ask your cpa 

50:00 cost vs value for cpa  

*****DISCLAIMER**** I AM NOT A CPA, ATTORNEY, INSURANCE, CONTRACTOR, LENDER, OR FINANCIAL ADVISOR. THE CONTENT IN THESE  VIDEOS SHALL NOT BE CONSTRUED AS TAX, LEGAL,INSURANCE, CONSTRUCTION, ENGINEERING, HEALTH OR SAFETY, ELECTRICAL, FINANCIAL ADVICE, OR OTHER AND MAY BE OUTDATED OR INACCURATE; IT IS YOUR RESPONSIBILITY TO VERIFY ALL INFORMATION YOURSELF. THIS IS A PODCAST AND YOUTUBE VIDEO FOR ENTERTAINMENT PURPOSES ONLY