{"id":128915,"date":"2024-10-21T11:18:20","date_gmt":"2024-10-21T15:18:20","guid":{"rendered":"https:\/\/themichaelblank.com\/?p=128915"},"modified":"2024-10-21T11:19:44","modified_gmt":"2024-10-21T15:19:44","slug":"session442","status":"publish","type":"post","link":"https:\/\/themichaelblank.com\/podcasts\/session442\/","title":{"rendered":"MB442: Tax-Savvy Real Estate Investing &#8211; With Tim Gertz"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/podcasts.apple.com\/assets\/artwork\/1x1.gif\" alt=\"Financial Freedom with Real Estate Investing\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><noscript><img decoding=\"async\" src=\"https:\/\/podcasts.apple.com\/assets\/artwork\/1x1.gif\" alt=\"Financial Freedom with Real Estate Investing\"\/><\/noscript><\/figure>\n\n\n\n<div style=\"width: 100%; height: 200px; margin-bottom: 20px; border-radius: 6px; overflow: hidden;\"><iframe style=\"width: 100%; height: 200px;\" frameborder=\"no\" scrolling=\"no\" allow=\"clipboard-write\" seamless data-src=\"https:\/\/player.captivate.fm\/episode\/f96ed9b4-a2c9-46f2-8f9b-5d354a166839\/\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">SHOW NOTES<\/h2>\n\n\n\n<p>Are you aiming for financial independence through real estate investing? Do you want to unlock the ultimate tax advantages in your real estate ventures? This episode is your roadmap to mastering tax strategies and achieving financial success!<\/p>\n\n\n\n<p>Join Michael and Garrett as they unravel the intricacies of proactive tax planning with expert CPA, Tim Gertz. Dive into valuable insights on how real estate investors can leverage tax advantages and make smarter investment decisions.<\/p>\n\n\n\n<p><strong>Key Takeaways:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Why a Real Estate Focused CPA is Crucial:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Expertise in real estate tax strategies is essential for maximizing deductions and minimizing liabilities.<\/li>\n\n\n\n<li>Find a CPA who specializes in real estate, rather than a generalist.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Proactive Tax Planning Pays Off:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Engage your CPA early in any property purchase or business endeavor.<\/li>\n\n\n\n<li>Learn how to plan ahead and avoid future tax issues.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Understanding Key Tax Benefits:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Real Estate Professional Status:<\/strong>Convert passive real estate income into ordinary business income to offset various income types.<\/li>\n\n\n\n<li><strong>Depreciation Benefits:<\/strong>Benefits of sections like 179 for immediate write-offs and bonus depreciation.<\/li>\n\n\n\n<li><strong>Cost Segregation:<\/strong>Accelerate depreciation for assets with shorter useful lives.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Navigating Legislative Changes:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Stay aware of potential changes in legislation that impact tax benefits like bonus depreciation and business interest deductions.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Utilizing Tax Incentives and Credits:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Explore opportunities for energy credits and deductions, e.g., adding solar panels to commercial buildings.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Tax Strategies for High-Income Earners:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Learn how achieving real estate professional status can significantly reduce tax liability.<\/li>\n\n\n\n<li>Importance of understanding material participation and consulting with a real estate-savvy CPA.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Managing and Mitigating Tax Implications:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Use strategies like 1031 exchanges to defer capital gains taxes.<\/li>\n\n\n\n<li>Structure your investments to manage depreciation recapture effectively.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p><strong>Resources & Tools:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Book Recommendation: <a href=\"https:\/\/www.amazon.com\/Tax-Free-Wealth-Permanently-Lowering-Advisors\/dp\/1937832406\" target=\"_blank\" rel=\"noreferrer noopener\">Tom Wheelwright's Tax-Free Wealth<\/a> for further insights on tax implications.<\/li>\n\n\n\n<li>Platforms by Michael Blank: <a href=\"https:\/\/www.themichaelblank.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">TheMichaelBlank.com<\/a> for mentorship and learning opportunities.<\/li>\n\n\n\n<li>Investment Opportunities: <a href=\"https:\/\/www.nighthawkequity.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Nighthawk Equity<\/a> for passive investment options.<\/li>\n<\/ul>\n\n\n\n<p><strong>Special Offer:<\/strong>\u00a0Enroll in the<a href=\"http:\/\/apartments101.co\" title=\"\"> Apartments 101 Masterclass today <\/a>to master apartment investing strategies!<\/p>\n\n\n\n<p><strong>Closing Thoughts:<\/strong>&nbsp;Michael and Garrett emphasize the significance of continuous education, proactive tax planning, and expert advice in achieving financial independence through real estate investing. Equip yourself with the right knowledge and connections to unlock the full potential of your real estate investments.<\/p>\n\n\n\n<p>Tune in to this enlightening episode to turn your real estate ventures into powerful vehicles for financial independence. Happy investing!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Connect with Tim Gertz<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/tim-gertz-cpa\/\" title=\"\">Linkedin<\/a><\/p>\n\n\n\n<p>Website: <a href=\"http:\/\/www.provisionwealth.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Provision Wealth<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Connect with Michael Blank<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.facebook.com\/themichaelblank\" target=\"_blank\" rel=\"noopener\" title=\"\">Michael on Facebook<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.instagram.com\/themichaelblank\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Michael on Instagram<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/user\/ApartmentInvesting\" target=\"_blank\" rel=\"noopener\" title=\"\">Michael on YouTube<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.tiktok.com\/@themichaelblank\" target=\"_blank\" rel=\"noopener\" title=\"\">Michael on TikTok<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.facebook.com\/groups\/apartmentinvestor\" target=\"_blank\" rel=\"noopener\" title=\"\">Apartment Investor Network Facebook Group<\/a><\/p>\n\n\n\n<p>Email <a href=\"mailto:podcast@themichaelblank.com\" target=\"_blank\" rel=\"noopener\" title=\"\">podcast@tshemichaelblank.com<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Resources<\/h3>\n\n\n\n<p><a href=\"https:\/\/apartments101.co\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Access Michael\u2019s Apartments 101 Masterclass<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/call.themichaelblank.com\/clarity\" target=\"_blank\" rel=\"noopener\" title=\"\">Schedule a Call with Michael\u2019s Team<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/themichaelblank.com\/mentor\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Explore Michael\u2019s Mentoring Program<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/nighthawkequity.com\/invest-now\/\">Join the Nighthawk Equity Investor Club<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/courses.themichaelblank.com\/bundles\/deal-maker-certification\" target=\"_blank\" rel=\"noopener\" title=\"\">Check Out Michael\u2019s Deal Maker Blueprint<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/michaelblank.zendesk.com\/hc\/en-us\/articles\/4409306789133-Deal-Makers-Mastermind-DMM-Overview\" target=\"_blank\" rel=\"noopener\" title=\"\">Enroll in Michael\u2019s Deal Maker Mastermind<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/themichaelblank.com\/ebook\" target=\"_blank\" rel=\"noopener\" title=\"\">Download Michael\u2019s Free eBook<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/financial-freedom-with-real-estate-investing\/id848693430\" target=\"_blank\" rel=\"noopener\" title=\"\">Review the Podcast on Apple Podcasts<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.amazon.com\/kindle-dbs\/entity\/author\/B07GJRH6WL\" target=\"_blank\" rel=\"noopener\" title=\"\"><em>Financial Freedom with Real Estate Investing <\/em>by Michael Blank<\/a>&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/business.linkedin.com\/sales-solutions\/sales-navigator\" target=\"_blank\" rel=\"noopener\" title=\"\">LinkedIn Sales Navigator<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/themichaelblank.com\/podcasts\/session422\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Podcast Show Notes<\/a><\/p>\n\n\n\n<p><\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Join Michael and Garrett as they unravel the intricacies of proactive tax planning with expert CPA, Tim Gertz. Dive into valuable insights on how real estate investors can leverage tax advantages and make smarter investment decisions.<\/p>\n","protected":false},"author":28,"featured_media":128916,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[34],"tags":[870,650,266,1608],"class_list":["post-128915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcasts","tag-real-estate-business","tag-tax-benefits","tag-tax-benefits-of-multifamily","tag-tax-planning"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/posts\/128915"}],"collection":[{"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/comments?post=128915"}],"version-history":[{"count":2,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/posts\/128915\/revisions"}],"predecessor-version":[{"id":128919,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/posts\/128915\/revisions\/128919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/media\/128916"}],"wp:attachment":[{"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/media?parent=128915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/categories?post=128915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themichaelblank.com\/wp-json\/wp\/v2\/tags?post=128915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}