In this episode, Ron Apke is joined by his personal accountant, Ashish Acharya, to break down everything land investors need to know about taxes and how to legally minimize your tax bill.
Whether you’re just getting started in land flipping or already scaling your business, this is a must-watch conversation that could save you tens of thousands in taxes every year.
They cover key questions like: Should you get an LLC? When do you switch to an S-Corp? Plus, they explain how reinvesting your land profits into other real estate (like short-term or long-term rentals) could save you up to $100K in taxes.
If you’re flipping land and not thinking about taxes, you’re doing it wrong.
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🔥 How To Get Started:https://landinvestingonline.com/consultation/?el=yt
➡️Get Daniel Apke’s New Book (One Lot At A Time): https://landinvestingonline.com/one-lot-at-a-time/
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SOCIAL
Ron's Instagram 📸: https://www.instagram.com/ronapke/
Dan's Instagram 📸: https://www.instagram.com/danielapke/
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TIMESTAMPS
0:00 Intro
1:08 Should You Get An LLC?
5:09 Where Should You Get An LLC?
7:54 Rental Property Risks
13:08 Capital Gains & Investment LLC's
17:32 Converting to an S-Corp
21:33 Maximizing with Payroll
27:08 Expense vs. Inventory
29:05 Minimizing Tax Liability
31:46 Double-Closing & Tax Implications
33:07 End of the Year Tax Savings
35:13 Utilizing Credit Cards
36:17 Seller Financing & Taxes
40:48 Basic Tax Savings
45:42 When to Start Thinking About Taxes
49:11 Final Thoughts
