In this special episode host Seth Mosley interviews an expert panel on many possible ways to save money on taxes.
This episode goes in depth on many tax saving subjects including:
- “first in first out” ways of saving money
- 199a deductions
- 1031 Exchanges
- Conservation Easements
- Opportunity Zones and more.
Be ready to take notes. Whether you know about one or all of those possible options for tax savings, this panel discussion is a must listen to understand how these tax savings principles will change following the 2018 tax code revision.
Quotable moments from this episode:
“(199As are) not tax deferral, (they’re) permanent tax avoidance. When you throw it (199A) away you should essentially be sitting at Thanksgiving by the fireplace throwing in $100 bills”
“What I think is gonna happen, people are going to do combination opportunity zone investing and 1031 investing. That allows them to regulate how much cash they get. If they want to take cash they’ll do an opportunity zone. The portion they don’t want to take cash they’ll do a 1031.”
Resources mentioned in this episode:
Connect with us on Facebook!
Thanks to all of our sponsors!
Tom Laune – Stress Free Planning
Chris Picciurro – Integrated CPA
Billy Brown – Real Estate Lender
Eric Stewart – Insurance Agency
Dave Ganatra – House On The Rock Home Inspections
Laura Perry – Homeland Title