Real Estate Dealer Status: What Is It & What Are The Pros & Cons?

In today's video, I delve into the intriguing world of real estate investing, specifically exploring the concept of dealer status and its implications for investors.
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I'll break down the fundamentals of dealer status, discussing its significance, potential benefits, and drawbacks in the realm of real estate. Discover why understanding dealer status is crucial for investors and how it can influence your investment strategies and tax liabilities.
Learn about the valuable tax benefits associated with real estate investing, such as depreciation and cost segregation, and how these strategies can help you minimize tax obligations and maximize returns on your investments.
Explore the advantages of utilizing a 1031 exchange to defer taxes on capital gains and depreciation recapture when selling and reinvesting in real estate properties.
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Show Notes:
0:00 Intro
3:31 Writing Off Renovations For Investors
5:24 A Dealer Is Not An Investor
8:58 Benefits for Investors vs. Dealers
11:04 Schedule C for Dealers
16:39 Final Notes
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#realestatedealer #dealerstatus

[@frankkocher8159]

Thank you for this clear explanation.

[@TobyMathis]

Glad it was helpful!

[@whymindsetmatters]

Is this when you would establish two holding companies? One for passive investments and the other for active investments?

[@willmallory9085]

Excellent video Brother

[@TobyMathis]

Thanks for watching!

[@oslatron]

Your ears look so cute. Adorable.

[@oslatron]

❤❤❤

[@laurierowley1703]

Is is possible to consult with you via Zoom or phone call?

[@TobyMathis]

You can schedule a free consultation with my team for personalized advice and guidance. Sign up here: aba.link/2qg

[@bustbeel1]

I need a new Trust? I want to leave the Trust where the House can’t be squandered? Two son’s two Granddaughters. Who do I call? Maybe leave it in an ongoing Trust that never ends? Which ever of the four lives in the house pays for the Maintenance and Taxes! Otherwise it’s a Rental or goes to a legitimate Cat Charity!

[@TobyMathis]

Great question, in order to assist you further, I highly recommend you attend our Free Tax & Asset Protection Workshop where our attorneys and specialists will answer all your questions live at the virtual event. Visit: aba.link/2qg