Real Estate Taxes Gems from an Expert

Dec 13, 2021

Brandon is a Certified Public Accountant, national speaker, and is the Founder/Managing Partner of The Real Estate CPA. 

Brandon works with real estate investors, syndicates, and private equity funds to optimize tax positions and streamline accounting and business functions. He believes that real estate investing is critical to building sustainable and generational wealth. Brandon worked at PricewaterhouseCoopers and Ernst & Young prior to launching his own CPA firm, Hall CPA PLLC (The Real Estate CPA).

Through the knowledge gained by working with real estate investors, Brandon has built a real estate portfolio of 25 units consisting of multi-family, single family, and short term rentals. Please tune in throughout the episode about Brandon’s inspiring journey!

 

[00:01 – 10:00] Opening Segment 

• I introduce our guest, Brandon Hall
• Connect with Brandon through the links below
• We’re talking taxes today!
• Brandon shares how he got into the space
• Why does Brandon like Real Estate for tax purposes
• Figuring out life-hacks to live with a purpose everyday 

 

[10:01 – 37:30] Real Estate Taxes

• How people reach out to Brandon
• When does the Tax Planning deal start
• Get tax planning when you know you need it 
• 1031 Exchanges
• Cause for Concerns for Real Estate Investors
• Tax Amendments in a tough time
• Syndication Tax Benefits 
• Be careful with savvy investors
• Suspended passive losses are still beneficial
• How long does suspended losses stay
• Profit and Loss Allocation
• Is it possible to be working a W2 and become a qualified real estate professional? 
• What is a real estate professional? 
• The desire to be a real estate professional

[37:31 - 40:24] Closing Segment

• The Man Who Changed the Accounting Industry
• Connect with Brandon through the links below
• Final words

 

Tweetable Quotes:

“A lot of people complain about AirBnB but, I don't think people realize how incredible it is that all you have to do is take 30 photos, write a description, and people are gonna come book the property from all over the world.” - Brandon Hall

 

"Every dollar that you earn goes into one of two buckets. You have the passive income bucket and a non-passive income bucket, also considered as active income.” - Brandon Hall

Find out more and connect with Brandon through his Facebook and his website https://www.therealestatecpa.com/

 

You can also email him at [e-mail]

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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.