The tax benefits of growing my rental portfolio have been fantastic. We worked so hard to make that money - it's nice to keep a bit more of it each year!
Now I understand where my father got that max out your credit cards idea from. He actually did max them out, couldn't pay them, and the bank closed them consequently. I thought it was a bad idea because your credit score would take a hit, but he insisted.
I am so glad because I found this video. Since I also have an interesting overlapped of Taxation + Real Estate. I was not sure how this combination gonna work out, but watching this video really gives me the motivation to do it.
Very impressed with this video. She knows her stuff, was very confident and knowledgeable and does a great job at editing. Dive into more specific on your next. Love property investment tax questions!! Great job👍🏻
Tax question: If I'm going to have to rent a storage unit for all my furniture in order to turn my condo into a rental unit, would that cost be a tax write off?
Trying to flip our first home in texas .. it got condemned by the city because it was vacant and squatters destroyed it.. we received the letter a month a go we didn't know because we live in another city ... we already fall in te 24% tax bracket with our income..how can we go about this without paying too much tax ?..we will profit minimum 40k for sure according to ARV given by the realtor.
Excellent info, especially about possible tax write- offs. FINALLY a female is featured on this male-only channel... Hopefully it won’t be years before the next one.
It’s very sexist of you to value one person’s opinion over another, simply because of their gender. Why can’t this be excellent info from an investor instead of excellent info from a female? Shame on you.
Well if only 1 in 10 investors is a female it may be a bit more difficult to find one to interview. Or should a female investor be sought out simply on the basis of being female? Because that really would be sexist.
o boy i can't wait until every different demographic of individual possible gives me real estate advice. I don't care about actually learning or profiting, I just want to make sure every group of person is able to give me some advice -- the quality of the advice does not matter.
"Female Real Estate Investor." She's a "Real Estate Investor." I'd love for someone to introduce a man as a "Male Real Estate Investor"... but it doesn't happen because it's out of the norm to see a woman in a male-occupied industry. See the issue? Her gender shouldn't define her title, just like it doesn't for yours.
Absolutely!! I'm tired of women being given recognition based off their gender. Let's do away with that affirmative action nonsense too. Equal rights Starship Troopers style!
@@coltonthorne2274 Men are recognized by their gender socioculturally. So you better add that to your Star Wars wet dream. Let me know how it goes. Rooting for you.
@@eatmycocopuff7695 That's just like your opinion, man. But because you don't get references to cult classics I can tell you're impossible. Don't root for me.
@@coltonthorne2274 I think there is a clear generational gap here. Don't insult me because I don't spend time learning about your outdated "cult classics" versus doing proactive things to better my future. I think it is clear here who will progress with time instead of scorning those younger to know about things that do not effect them in the slightest of ways. Perhaps get your priorities straightened?
It's weird that even with those things I'm in the video though? Almost like it's 2020 and people value knowledge over a suit and tie. Especially when they're striving for a future they design...not being stuck in thr rat race.
Start at 6:07
Thank you
Maybe never start. She shares nothing of value.
You the real MVP
The tax benefits of growing my rental portfolio have been fantastic. We worked so hard to make that money - it's nice to keep a bit more of it each year!
Kolodij, I can't wait to work with you next year. I had a consultation with her this year and was blown away with her knowledge.
Thank you for the kind words!
Now I understand where my father got that max out your credit cards idea from. He actually did max them out, couldn't pay them, and the bank closed them consequently. I thought it was a bad idea because your credit score would take a hit, but he insisted.
Great video BP. She means business!
I am so glad because I found this video. Since I also have an interesting overlapped of Taxation + Real Estate. I was not sure how this combination gonna work out, but watching this video really gives me the motivation to do it.
Already smashed that like button because I know I’ll love it👍
Can you take advantages of tax benefits if you have real estate properties and a W2 of $150k+ ?
You the real MVP
Hi Nicole
Nice video this is Marcela from Charlotte Investors Group!!
Do you have a website?
Oh my gosh!!! I would love for talk to you about doing my taxes! I’m just 2.5 hours from Charlotte!!
I have many questions about writing off cruises on my taxes. Maybe another one or two about real estate.
Awesome advice. Going to take action on this now. First step, sending you a message on the forums.
I’m in a costal town Wilmington NC and I have two double wides and get as much rent as a stick built with half the cost .
Metal boxes that spit out money
Very impressed with this video. She knows her stuff, was very confident and knowledgeable and does a great job at editing. Dive into more specific on your next. Love property investment tax questions!! Great job👍🏻
That intro was some ear rape.
Yes. Turn that down pleaes.
Great video! Definitely going to reach out...
wait this video tells me nothing :/
Great video. You two rock.
Tax question: If I'm going to have to rent a storage unit for all my furniture in order to turn my condo into a rental unit, would that cost be a tax write off?
Trying to flip our first home in texas .. it got condemned by the city because it was vacant and squatters destroyed it.. we received the letter a month a go we didn't know because we live in another city ... we already fall in te 24% tax bracket with our income..how can we go about this without paying too much tax ?..we will profit minimum 40k for sure according to ARV given by the realtor.
Not about tax strategies at all.
More of a commercial than informative tax information.
Agree....no useful tax info at all. Disappointing.
This is a video titled meet the investors.
It's a series to get to know the members of bigger pockets. ... it's not a tax video.
BiggerPockets has awesome stuff! But, useful content with heavy-handed background "music"! That's so passé! Team, wanna tone that down, and repost?
Where can people find a a step by step guide on buying real estate?
I would check out 'how to invest in real estate: the ultimate beginners guide to getting started" on the Bigger Pockets bookstore
@@RealEstateTaxStrategist I will! Thank you.
Does she do taxes for anybody? I need someone that can help me with my taxes.
good content... the video woulda been a little more professional had she not have been in the background texting during his intro... haha
I would love to speak to you one on one if possible
Excellent info, especially about possible tax write- offs. FINALLY a female is featured on this male-only channel... Hopefully it won’t be years before the next one.
It’s very sexist of you to value one person’s opinion over another, simply because of their gender. Why can’t this be excellent info from an investor instead of excellent info from a female? Shame on you.
Well if only 1 in 10 investors is a female it may be a bit more difficult to find one to interview. Or should a female investor be sought out simply on the basis of being female? Because that really would be sexist.
@@KN-cool Can confirm- Female. Though I identity as a tax professional mostly. There's actually a "T" on my drivers license.
Half of this series is about females. Pay attention
o boy i can't wait until every different demographic of individual possible gives me real estate advice. I don't care about actually learning or profiting, I just want to make sure every group of person is able to give me some advice -- the quality of the advice does not matter.
Was that "free seminar" hosted by Elite Legacy by any chance? :)
It was not I'll have to dig out their propoganda...I mean books.
Nice 👍🏾👍🏾👍🏾👍🏾👍🏾
"Female" in the title seems a bit unnecessary...helpful advice overall, though
Great advice! Thank you 😊
I like Bigger Pockets
Mistake in her last name beginning of video. Oops!
Waste of time she only speaks in vague generalities
This is a video series called meet the investors. It's about who the people on BP are not a tax video.
@@RealEstateTaxStrategist stfu gay
i wish she would go into details a bit more
"Female Real Estate Investor." She's a "Real Estate Investor." I'd love for someone to introduce a man as a "Male Real Estate Investor"... but it doesn't happen because it's out of the norm to see a woman in a male-occupied industry. See the issue? Her gender shouldn't define her title, just like it doesn't for yours.
Preach queen 😤 you inspire me
Absolutely!! I'm tired of women being given recognition based off their gender. Let's do away with that affirmative action nonsense too. Equal rights Starship Troopers style!
@@coltonthorne2274 Men are recognized by their gender socioculturally. So you better add that to your Star Wars wet dream. Let me know how it goes. Rooting for you.
@@eatmycocopuff7695 That's just like your opinion, man. But because you don't get references to cult classics I can tell you're impossible. Don't root for me.
@@coltonthorne2274 I think there is a clear generational gap here. Don't insult me because I don't spend time learning about your outdated "cult classics" versus doing proactive things to better my future. I think it is clear here who will progress with time instead of scorning those younger to know about things that do not effect them in the slightest of ways. Perhaps get your priorities straightened?
Are you a CPA?
She is. I work with her and she’s amazing!
I've met with her she confirmed that although she's been doing taxes for years, she's not a CPA
First!
Oh my god get to the point
Bigger Pockets commercial......
no meaningful & useful content.
This video is literally an infomercial selling a lifestyle and bigger pockets social media platform, smh no real advice
This is essentially a 10 minute infomercial with no useful tax strategies.
It's a series about the members of biggerpockets...thats why it's called meet the investors.
Bro you desperately need a line up
Actual CPA here. You know a tax consultant is good when they show off their lower lip piercing and a full sleeve tattoo! ◔_◔
It's weird that even with those things I'm in the video though? Almost like it's 2020 and people value knowledge over a suit and tie. Especially when they're striving for a future they design...not being stuck in thr rat race.