Welcome to the Know Your Numbers REI Podcast! In this episode, host Chris McCormack, founder of Better Books and certified tax planner, dives deep into the importance of year-round tax planning for real estate investors and entrepreneurs.
Are you only thinking about taxes once a year? It’s time to change that mindset! Chris outlines the four key pillars of real estate investment: cash flow, appreciation, leverage, and tax savings. He emphasizes that your tax plan should be as crucial as finding your next deal, especially if you're making six or seven figures.
Join us as Chris breaks down a quarterly tax planning strategy that can save you tens of thousands of dollars. Whether you're a seasoned investor or just starting out, this episode is packed with actionable insights to help you take control of your tax situation and maximize your financial success.
Don't forget to follow, leave a review, and share this episode with friends who could benefit from smarter tax planning!
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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
