Episode 50: Real Estate and Taxes: Unlocking Efficient Structures and Strategies
May 28, 2024In this episode, our host Bob Gauvreau discusses tax planning for real estate investors, focusing on the impact of business structures in the U.S. and Canada. He highlights the tax advantages of classifying income as active when employing over five full-time employees, which can lead to significant tax reductions.
Bob then addresses the taxation of different income types, including passive investment income, capital gains, and dividends. He suggests strategies like income splitting and using corporate structures for asset protection to lower taxes and shield investments.
Tune in for practical strategies to enhance your financial health and secure your investments. Join us on the Wealthy Entrepreneur Podcast and download your exclusive tax planning guide today!
Episode Highlights:
- 00:00 Welcome to the Wealthy Entrepreneur Podcast
- 02:16 Tax Planning Strategies for Real Estate Investors
- 04:14 Tax-efficient Real Estate Investing Strategies in Canada and the Us
- 08:52 Tax Planning Strategies for Real Estate Investors, Including Income Splitting, Asset Protection, and Maximizing Deductibility
- 14:26 Tax Deductions for Real Estate Investments
- 18:08 Tax Planning Strategies for Real Estate Investors
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