163 results found • page 9 of 17

PODCAST
How to Save Taxes When Flipping Houses
...were to sell it and maybe even 1031. “If I have a two-level house and I live in the upper level but Airbnb on the lower level, can I deduct the depreciation repair management of the lower level? Does it need to be a legal unit and have its own address?” Same question, but what if it was a long-term...
https://andersonadvisors.com/podcasts/how-to-save-taxes-when-flipping-houses/
PODCAST
The House Hacking Strategy You Never Knew Existed (Tax-Free)
...that everyone’s trying to keep up with Risks: You must be willing to take some risk to make money—inflation isn’t slowing down Resources: Women’s Real Estate Investors Network Women’s Real Estate Investors Network Terms of Use Airbnb VRBO 26 U.S. Code 121 Exclusion Clint Coons Anderson Advisors Clint Coons on YouTube Full Episode Transcript: Clint: What’s up, guys? Hey, it’s...
https://andersonadvisors.com/podcasts/house-hacking-strategy/
POST
Tax Tips for Short-term Rentals
In this episode of Coffee with Carl, attorney Carl Zoellner discusses important tax tips for short-term rentals and vacation rentals like Airbnb.     Updated September 24, 2021 Many investors feel the allure of short-term rentals or vacation rentals, like Airbnb. After all, you can rent your buy-and-hold real estate for much more per day than you could per month....
https://andersonadvisors.com/blog/tax-tips-short-term-rentals-vacation-rentals-airbnb/
PODCAST
Can a 1031 Exchange Property Become Your Primary Residence?
...on a property, technically it’s not a rental if it’s seven or less average usage. If you buy something in December, you close on a property, you Airbnb it one time or made it available for Airbnb, chances are, you’re going to get that deduction as long as you can prove that you put it into service and made it...
https://andersonadvisors.com/podcasts/can-you-turn-a-1031-exchange-property-into-your-primary-residence/
PODCAST
Why you should consider switching from LLC to S-Corp
...way you hit 100 hours or the other tests on this property. Did you manage it yourself? If you did, you’re in luck. If you didn’t, then you’re going to have a passive carry forward. Jeff: Using a service like Airbnb does not disqualify you from that materiality test. Toby: Yup. What happened is you bought a second home in...
https://andersonadvisors.com/podcasts/switching-from-llc-to-s-corp/
PODCAST
Why Landlord Insurance Is Vital for Real Estate Investors
...if it’s an Airbnb rental, I would have to look at the Airbnb liability policy, which acts as primary to see if there would be coverage there. If there is and that gets exhausted, there’s potential there that a liability policy could pick up additional exposure. At the very least it could be duty to defense costs, making sure that...
https://andersonadvisors.com/podcasts/why-landlord-insurance-is-vital-for-real-estate-investors/
PODCAST
Tax Tuesday Episode 145: Estate Tax Strategies
...The Rich Get Richer And How You Can Do The Same by Toby Mathis Entity Formation Real Estate Professional Requirements Bonus Depreciation Depreciation Recapture Capital Gains and Losses Section 121 – Capital Gains Exclusion Retirement Plans Wills and Trusts Merrill Lynch Edward Jones Airbnb 1031 Exchange Franchise Tax MileIQ Qualified Opportunity Fund/Zone Step-Up in Basis SECURE Act CARES Act PayPal...
https://andersonadvisors.com/podcasts/tax-tuesday-episode-145-estate-tax-strategies/
POST
What is Residual Income?
...monthly expenses are quite low because all you really need is a customer-facing website where you whitelist items made by the supplier as your own. With a little social media marketing, dropshipping can turn into a solid revenue stream. 2. AirBnb AirBnb is just one of the many peer to peer lending sites where a property owner can rent vacant...
https://andersonadvisors.com/blog/residual-income/
PODCAST
This Mid-Term Rental Strategy Will CHANGE Real Estate Investing Forever
...that into a mid-term rental property, so I’d want to reposition that. What I heard you say is that you still advertise on Vrbo, Airbnb, and things like that. Is there a different website that is geared specifically toward mid-term rentals? Rachel: I personally still advertise on Airbnb and Vrbo. Those who are looking to host travel nurses, they’re typically...
https://andersonadvisors.com/podcasts/this-mid-term-rental-strategy-will-change-real-estate-investing-forever/
POST
How to Tackle the 1099 Form?
...do you keep track of your reimbursable expenses before your corporation makes a profit? 00:35:12.04 – What are the best practices to get solid bookkeeping results with the least effort using either Quickbooks, spreadsheets, or other means? 00:40:14.00 – I’m starting an Airbnb business and an eCommerce store. What bookkeeping do I use to integrate with Airbnb and Spotify? 00:48:05.04...
https://andersonadvisors.com/blog/tax-tuesday-episode-108/