anderson podcast v
Tax Tuesdays
How to Set Up a Beneficiary Deed

Should you use your personal name as a beneficiary of a Lady Bird Deed or should you set up a new entity to receive ownership?

In the first Tax Tuesday episode of 2022, Toby Mathis and Jeff Webb of Anderson Advisors discuss how to set up a beneficiary deed and answer additional tax-related questions.

Submit your tax question to taxtuesday@andersonadvisors.


  • Are the profits from my real estate syndication investment considered passive income? It’s highly likely that your syndication income is passive in nature for two reasons – you’re probably a limited partner and it’s real estate, which are both passive activities.
  • Should I use my personal name as a beneficiary of a Lady Bird Deed or should I set up a new entity to receive ownership? Medicare can take a real estate asset to pay for care, but a Lady Bird Deed is an enhanced life estate allowed in five states for a beneficiary to protect their home as an inheritance.
  • How does a C Corp pay me (the homeowner) for the use of part of my house as office space? Don’t report it on your 1040. It’s a tax-free reimbursement. However, if you rent your home to the corporation, then it is taxable income.
  • Can we still rollover a regular IRA to Roth? For now, you can still do a Roth conversion.

For all questions/answers discussed, sign up to be a Platinum member to view the replay!

Go to iTunes to leave a review of the Tax Tuesday podcast.


Lady Bird Deed

Business Structures

Coronavirus Aid, Relief, and Economic Security (CARES) Act

Retirement Plans

Toby Mathis

Anderson Advisors

Anderson Advisors Events

Anderson Advisors on YouTube

Anderson Advisors on Facebook

Anderson Advisors Podcast

Full Episode Transcript:

Toby: All right, guys. Let’s see if everybody should be coming into the room right now. This is the first Tax Tuesday of 2022. Going to take me a while to get used to that. First off, welcome to Tax Tuesday. My name’s Toby Mathis. 

... Read Full Transcript