Ep #161 - Craig Cody - How Tax Planning Can Save Any Real Estate Investor A Ton Of Money

Published: Sept. 18, 2017, 5 a.m.

  • What is Tax Planning?
  • The end goal for tax planning is to keep more of what you make.
  • How real-estate investors fail to plan.
  • Reasons to why you should put properties in their own specific LLC.
  • If all your properties are under a single member LLC and they all flow into one holding company, then you only have 1 tax return.
  • Why good record keeping is important in this business.
  • How your kids can be included in a deductible.
  • How a Medical expense reimbursement plan can be counted in a deductible.
  • Your home office can be included in your deductible.
  • Your home gym and pool can become a deductible also.
  • Why real estate investors should communicate with their CPA on a monthly basis.
  • What is a foreign retirement plan.
  • How cost segregation can make you money.
  • Book recommendation: 10 Most Expensive Tax Mistakes That Cost Business Owners Thousands: The Hidden Truth Behind Lowering Your Tax Bill \u2013 By Craig Cody
  • Book recommendation Secrets of a Tax Free Life \u2013 By Craig Cody and 14 other authors
  • Connect with me on Facebook at Rod Khleif.
  • Text Rod to 41411 or visit RodKhleif.com for a FREE copy of my book, \u201cHow to Create Lifetime CashFlow Through Multifamily Properties.\u201d

Our Guest

You can contact Craig Cody at:

craig@ccodycpa.com

\xa0http://www.craigcodyandcompany.com/

\xa0

Want to build Lifetime Cash Flow from Multifamily Properties?

If you\u2019re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you\xa0CRUSH it in this business!\xa0 - if you'd like to receive information about our program,\xa0text CRUSH to 41411 now.

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\xa0\xa0Recommended Resource

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    http://www.meetme.so/RodKhleif2

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