40:49 When is the best time to do a cost segregation study?

TAX TUESDAY LIVE
Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/b93038

0:00 Intro

15:41 Is there a minimum net income where it would be beneficial for a single-member LLC to file as an S-corp rather than a disregarded entity?

23:19 Can my rental income be directed into a Self-Directed IRA and what are the advantages to doing that?

25:17 I don’t understand the difference between owning rentals as a REP or as a non-REP.

32:27 How is a land flip taxed? Does land have to be held for a year like a house?

35:54 Is it acceptable for the IRS to trade Futures from a 501c3 or a family foundation entity? Does the entity need to pay capital gains? thanks

39:06 If you form an LLC for rental property, is it best to report the activity on Schedule C or E?

40:49 When is the best time to do a cost segregation study? Should I wait until after renovations or before I start fixing an investment home?

51:29 Two Questions:
a) We fix and flip luxury homes and are thinking about keeping some to rent. We have an LLC but the accountant is saying go to S corp.
b) We are setting up a family trust in Florida and watched your video about trust in Wyoming. The attorney says we don't need Wyoming. ?

56:53 What is the best way to pay my children who actively help in our fix/flips/bookkeeping? Is there an age limit or other qualifications (ie: must live at home etc?)

1:06:09 I understand anyone can gift to anyone in any year an amount not to exceed $17,000.00 per person. Can I gift from a Family Limited Partnership, units not exceeding that amount.

1:10:10 Outro
---------------------------------------------------------------------------------------------------------
SUBSCRIBE
https://aba.link/subscribe

~~~~

FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Live Stream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/gp9

FREE REAL ESTATE INVESTMENT STRATEGY SESSION
Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 https://aba.link/509205

TAX TUESDAY LIVE
Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/b93038

OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
https://aba.link/tobyevents

~~~~

FINANCIAL PLANNING & TAX RESOURCES

📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook

Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop

Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba

~~~~

FOLLOW US:
Instagram: https://aba.link/instagram
Facebook: https://aba.link/facebook
Twitter: https://aba.link/twitter
LinkedIn: https://aba.link/linkedin
TikTok:   / tobymathisesq  

~~~~

CONTACT US
Phone: 800.706.4741
Email: [email protected]
Fax: 702.664.0545

ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#taxtuesday