Description

Join me as I unravel the importance of basis for real estate agents, where proper tracking becomes the key to increasing profits and reducing losses amidst the conflict of temporary tax cuts and long-term planning.

In this episode, you will be able to:

• Acquire knowledge about capital gains and losses to improve your investment decisions.
• Explore the rewards of diligently tracking business and personal miles for tax advantages.
• Demystify the process for correctly calculating the basis in stock and cryptocurrency assets.
• Navigate through the nuances of identifying the basis for real estate and rental properties.
• Comprehend the dangers associated with cost segregation and prioritize future-oriented planning for financial security.

"Taxes, basis, net income, profit, loss, mileage. All of these things are so important when it comes to running a successful business."  – Jeff Hockett 

Connect with Jeff:

Website: https://www.hocketttax.com/ 

Email: jeff@hocketttax.com   

Twitter: https://twitter.com/taxgamecoach 

Facebook:  https://www.facebook.com/hocketttaxandpayroll 

YouTube: https://www.youtube.com/channel/UCO30L8kMHVodK8eutw1alQg/videos?view=0 

LinkedIn: www.linkedin.com/in/hocketttax 

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