Slash Your Tax Bill and Shield Your Wealth! My Real Estate CPA and Attorney Explain How

APR 9, 2024126 MIN
The BetterLife Podcast: Real Estate Investing | Wealth Building | Life

Slash Your Tax Bill and Shield Your Wealth! My Real Estate CPA and Attorney Explain How

APR 9, 2024126 MIN

Description

Amanda Han and Mauricio Rauld are Brandon’s personal CPA and attorney, respectively. They both work with real estate investors of all stripes to help them avoid taxes (legally) and protect their assets.


In this episode, they speak directly to 6 different types of investors ranging from newbie to syndicator – and break down how each type of investor should approach their tax strategy, entity formation, insurance, estate planning, and more.


Amanda and Mauricio also talk about:
-
LLCs: how, when, and where you should form them
- How to avoid a nasty surprise tax bill (common LLC mistake)
- What accelerated depreciation is and how to use it to supercharge your returns
- How to know when it’s time to bring in a CPA or attorney
- When to consider an S Corp structure
- How flippers can minimize their liability
- Whether your rental properties need to be in separate LLC’s
- What real estate professional status can do for you
- What Mauricio learned from a near-death experience
- How they run their businesses and the habits that let them live a BetterLife
- And much more!


Books Mentioned:
- Atomic Habits by James Clear
- The 4-Hour Workweek by Tim Ferriss
- Legal Strategies for Everyone by Mauricio Rauld
- The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland
- Rich Dad, Poor Dad by Robert Kiyosaki
- Traction by Gino Wickman
- Buy Back Your Time by Dan Martell


Connect with Amanda: 

Book: https://www.amazon.com/Book-Strategies-Savvy-Estate-Investor/dp/0990711765

Website: https://keystonecpa.com

Instagram: https://www.instagram.com/amanda_han_cpa

TikTok: https://www.tiktok.com/@amandahancpa


Connect with Mauricio:

Book: https://www.amazon.com/Legal-Strategies-Everyone-Maximizing-Protecting/dp/B0CVKWWLQ5

Website: https://www.premierlawgroup.net/

Instagram: https://www.instagram.com/mauriciorauld/?hl=en

TikTok: https://www.tiktok.com/@mauriciorauld


Connect with us!

Website: https://abetterlife.com/

Instagram: https://www.instagram.com/betterlife/?hl=en

https://www.instagram.com/beardybrandon


Mauricio’s charitable cause (100% of ad revenue goes here):
- Tim Tebow Foundation https://timtebowfoundation.org


Amanda’s charitable cause
-
Animals for Armed Forces, her nonprofit which covers the cost of pet adoption for veteran families https://www.animalsforarmedforces.org/


Show Sponsor:
-
The BetterLife REI Summit May 3-5 in Denver, CO. The most actionable “how to” real estate event for new and experienced investors. Grab your tickets here: https://reisummit2024.com/


Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe