163 results found • page 12 of 17

PODCAST
How Government Restrictions Can Kill Your Business (Real Life Example)
...Lars: Toby, if any of your listeners would like to go on a road trip this summer, we got an Airbnb up here. We got camping sites. We have 900 feet of river front on the property with this little flat area. It’s beautiful. They can camp. I think my wife set us up on dirt. Toby: You have an...
https://andersonadvisors.com/podcasts/how-to-protect-your-business-from-restrictions/
POST
What Should You Expect in This Special CARES Act Edition?
...do business in our LLC’s name? 1:16:52 – With 401(k) withdrawal penalties waived under the stimulus package, what qualifies as adverse financial consequences? 1:18:10 – I manage Airbnb properties under my LLC, but I don’t typically pay myself. I just take distributions out. Will I qualify? 1:19:18 – I didn’t file in 2018 or 2019. I’m worried I won’t get...
https://andersonadvisors.com/blog/tax-tuesday-episode-114-cares-act-stimulus-bill-special-edition/
POST
10 Ways Real Estate Investors Avoid Paying Taxes
...W-2 or business income. Requirements: You must materially participate, such as handling bookings, guest communication, maintenance, or pricing. Ideal for: Airbnb/VRBO hosts Vacation rental investors High earners wanting major deductions without leaving their day job Done right, STRs can create powerful tax savings with short hold times. 6. Charitable Giving and Real Estate Want to double-dip your real estate deductions...
https://andersonadvisors.com/blog/10-ways-real-estate-investors-avoid-paying-taxes/
POST
How Does the Paycheck Protection Program Affect You?
...401(k)/QRP, do I have to file a tax return for it? 1:41:43 – If I Airbnb my rental property, do I qualify for some type of unemployment? 1:43:25 – We have to use the NOL in reverse order? Do we have to use it against the most recent year first, or can we go back to 2014 then come forward?...
https://andersonadvisors.com/blog/tax-tuesday-episode-115/
PODCAST
Do I Have To Pay Capital Gains Tax For Inherited Stocks?
...tax on it. Toby: Airbnb loves it too. Here’s the deal, 280A’s subsection G 2 is the actual provision and it says, a taxpayer may rent out their residence. It doesn’t say their primary residence, but a residence for less than 15 days a year, and not have to include it in their adjusted gross income. It does not say...
https://andersonadvisors.com/podcasts/do-i-have-to-pay-capital-gains-tax-for-inherited-stocks/
PODCAST
How To Reduce Taxes From Your Rentals For Non-Real Estate Professionals
...at the rental real estate and examine that. What if it’s Airbnb? It might not be rental real estate. It might be that it’s because if it’s seven days or less average usage, it’s ordinary loss and you can actually go through it, and you can still use it. You can actually use it to offset your W-2 income under...
https://andersonadvisors.com/podcasts/how-to-reduce-taxes-from-your-rentals-for-non-real-estate-professionals/
PODCAST
Tax Deductions: Are the Expenses for LLC Preparations Deductible?
...California,” so it sounds like we’re in passive activity, “I’ve been managing full-time since 2021.” I’m going to assume these are long-term rentals and that they qualify as rental activity. If it’s Airbnb, a little bit different, it’s even easier. But let’s just assume that these are month-to-month rentals. Maybe they’re duplexes, fourplexes, whatever they are. And they’ve been working...
https://andersonadvisors.com/podcasts/tax-deductions-for-llc-preparations/
POST
7 Business Asset Protection Tactics to Limit Liability
...rent out on Airbnb, but it’s still important to protect these assets. Not only so you don’t lose the asset itself in a lawsuit or have it taken from you by a creditor, but also because you really need to separate your personal life from your business. Otherwise, that plaintiff or creditor might seek to address damages through your personal...
https://andersonadvisors.com/blog/business-asset-protection/
PODCAST
AI for Real Estate Investing Find Deals, Market Deals, and Maximize Returns
...the occupancy forecast, revenue, heat maps, and all that stuff for Airbnb type things. There are other tools out there that can help with buy, hold, BRRRR method, and all those things like House Canary. Actually, House Canary is pretty good for evaluating the value of the property. I know they use billions of data points for their tool. That...
https://andersonadvisors.com/podcasts/ai-for-real-estate-investing-find-deals-market-deals-and-maximize-returns/
PODCAST
Should You Put Your Primary Residence In A Trust?
...do a short-term rental. Do you think that could maybe be in the mix if we can’t get that REP status? Kurt: Definitely. If you’re not quite ready for the real estate professional high bar, maybe looking at some short-term rental Airbnb situation that we could add to the portfolio. Michael: There’s even a nickname, short-term rental loophole. It’s actually...
https://andersonadvisors.com/podcasts/should-you-put-your-primary-residence-in-a-trust/