If you’re a landlord or property owner looking to increase your rental income, this is a must-listen episode! Dive into the first part of this new series about a must-have tool that can improve your rental revenue and profit.   Key takeaways to listen for  A must-have tool for real estate investors Benefits of having an effective and interactive website Ways to efficiently save tenancy application records Highly recommended websites to market your deals online   Resources mentioned in this episode Carrot website Paintedladyinc.com Landmark Real Estate Stanley Housing   ..read more

In today’s episode, we’re wrapping up our six-part series with Eric Shadowens, CPA, as he continues to impart his knowledge on effective tax planning, tax deadlines, and more! So press play if you want to gain maximized profits in your business today.   Key takeaways to listen for  Tax due dates every investor should remember Why you need to work closely with your tax advisor Guidelines for choosing the right tax advisor for your business Importance of using accounting software and knowing your numbers Roth IRA vs. traditional IRA: What they are and which one is right for you   ..read more

Do you check on your strategies for making the most of your real estate assets? Consider adding tax-saving tactics to your list as Mike Butler explains his unique system of understanding taxing brackets with different business entities. Catapult your profit and hop into the conversation!    Key takeaways to listen for Limited Liability Companies: What they are and how they impact your real estate business The importance of operating agreements in an LLC Pros and cons of being taxed as an S corporation Why a C corporation might be beneficial to today’s investors How to know if a C co ..read more

Tap into the wisdom and expertise of Eric Shadowens, CPA, in the fourth part of this series as he discusses rental property tax rules and other essential information you need to know to minimize your taxable income. Keep upgrading your real estate knowledge by tuning in!   Key takeaways to listen for  Tax differences between short-term and long-term rentals Easiest ways to cut your losses in real estate How to maximize the tax benefits from your short-term rental property Disadvantages of hiring a property manager for your properties  How many days can you use your rental prope ..read more

Catch your next profitable opportunity in the third part of this series with Eric Shadowens, CPA. Learn sharp tactics to help you make the most of your assets. So if you want to maximize the advantages of selling your property, this is the episode for you.   Key takeaways to listen for  The power of using 1031 exchange to defer your capital gains tax 4 types of 1031 exchanges you need to know and why Different ways to apply a 1031 exchange in a fix-and-flip home The Augusta Exemption: What it is and how to leverage it for your business   Resources mentioned in this episode Ma ..read more

As we continue with the second installment of this series with Eric Shadowens, CPA, he lays out a few strategies to better understand depreciation and cost segregation for tax planning. Take advantage of the tax-saving opportunities in real estate by listening to this episode today!   Key takeaways to listen for  What is cost segregation? Engineered vs. small cost segregation Reasons why passive investors shouldn't use cost segregation Benefits of cost segregation in real estate investing The value of bonus depreciation Why seeking tax advice prior to cost segregation is important ..read more

Let’s kick off this new series with our guest Eric Shadowens, CPA, to learn all you should know about Form 1099, 1098, and 1096. To become a more responsible real estate investor through his tax expertise, you must hear this episode!   Key takeaways to listen for  The ins and outs of filing Form 1099 What is a “backup withholding”? Form 1098: What it is, its purpose, and filing process Requirements and due dates for Form 1099 and 1098 The importance of Form 1096 in filing tax forms    Resources mentioned in this episode Eric Shadowens CPA on LinkedIn: 1099 Forms To get a ..read more

As a property owner, you may often be in a challenging situation when squatters reside in your buildings. Learn how to prevent this and some safety measures while vacating the property from informal settlers.    Key takeaways to listen for  How to ensure your personal safety before entering your property Everything you need to know about squatter prevention Things you should say and do when entering your rental property   Resources mentioned in this episode SimpliSafe Landlording on AutoPilot by Mike Butler Sign up for the Power Lunch training at https://www.mikebutler.c ..read more

Don’t let the rising interest rates stop you from acquiring your next investment property by learning what you need to do in this episode. Keep listening so you can get creative with your investing and financing strategies and thrive in this shifting market!   Key takeaways to listen for  The best investing strategy to do when interest rates are high What’s the biggest change in the real estate market today An expert’s perspective on thriving during market shifts   Resources mentioned in this episode Ep85: Get Ready Now for Super Inflation Ep96: Are You Ready For The Big Upco ..read more

If you have a real estate business, tune in to this episode to get creative holiday gift ideas for your tenants, employees, family members, or strangers while advertising your business simultaneously.    Key takeaways to listen for  Where to buy affordable and custom-made gifts this holiday season Why you should consider giving coffee cups as gifts A crucial advice to absorb when gifting ball caps The effectiveness of customized calendars for advertising   Resources mentioned in this episode Sierra 4imprint Foil stamp key chain/tag on Google Cheap peel and tick calendar ..read more