Real Estate Tax Strategies
Manage episode 435423060 series 3559097
In this episode of The Brick and Mortar Money Show, host Paul Neal sits down with Chris McCormack, CEO and Founder of Better Books Accounting, for an insightful discussion on tax strategies and real estate investments. Chris shares his journey from working at PwC with large corporations to founding his own accounting firm, specializing in taxes for real estate investors.
Discover how Chris helps real estate investors maximize their returns through smart tax planning, the importance of having the right team in place, and why real estate remains a powerful wealth-building tool. Chris also dives deep into the advantages of depreciation, cost segregation, and 1031 exchanges, offering tips on how to legally minimize your tax burden and grow your real estate portfolio.
Whether you're a seasoned investor or just getting started, this episode is packed with valuable insights that can help you navigate the complexities of real estate taxation and ensure you're not leaving money on the table.
Don't forget to subscribe to The Brick and Mortar Money Show to stay updated with more episodes on real estate investing and business strategies!
Follow Chris McCormack:
- Facebook Group: Tax and Accounting for Real Estate Investors
- Podcast: Know Your Numbers REI Podcast
- Email: chris@betterbooksaccounting.co
Meet the Host: Paul Neal is the founder and Principal Funding Strategist at Vantage Point Commercial Capital, a firm that focuses on helping entrepreneurs, businesses, and real estate investors win by funding their growth and dreams in nontraditional ways.
Paul’s unique perspective has been honed over 30 years as an entrepreneur, financial strategist, professional speaker, and executive coach. He took the road less traveled choosing to leave engineering right out of college to become a serial entrepreneur. From great early successes in the 90s and 2000s, to completely losing his primary business in the Great Recession of 2008, to bouncing back and just recently selling another business for a healthy 7-figure sum…he’s experienced it all. Paul offers a wealth of experience and passion to the entrepreneurial community in an engaging, upbeat, encouraging, and witty way.
Connect with Paul:
Get His Free Book: https://www.OwnYourBuildingNow.com
Visit his website: https://paulneal.net
Connect with him on LinkedIn: https://www.linkedin.com/in/paul-neal-tea/
Vantage Point Commercial Capital: https://vpc.capital
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78 episode