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!
Connect with Amanda:
Website: https://keystonecpa.com
Instagram: https://www.instagram.com/amanda_han_cpa
TikTok: https://www.tiktok.com/@amandahancpa
Connect with Mauricio:
Connect with us!
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/
What is The BetterLife Podcast: Wealth | Real Estate Investing | Life?
Uncover the secrets to living a BetterLife with us - investors and friends, Brandon Turner & Cam Cathcart. Join our conversations about real estate investing, wealth building, and lifestyle design with industry experts and seasoned entrepreneurs. Join us as we explore the habits, actions, and beliefs that will lead you to your BetterLife without losing your soul.