Navigating Taxes in Real Estate: Avoiding IRS Pitfalls with Stephen Hall
Release Date: 03/14/2024
The Funding Blueprint: How Entrepreneurs Can Get Capital, Eliminate Debt, and Scale Fast with guest, Jimmy Rios
The Mentor Podcast
In this episode of The Mentor Podcast, Ron LeGrand welcomes financial strategist and entrepreneur Jimmy Rios, founder of Rios Business Funding and Rios Business Advisors. With over 23 years of experience and a newly expanded international operation, Jimmy has created a powerful ecosystem that helps entrepreneurs secure funding, eliminate the burden of debt, and use leverage intelligently to scale their business. If you’ve ever struggled with getting capital or weren’t sure how to structure your business for growth, Jimmy lays out a clear path—from funding strategy to asset...
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How to Break Into Commercial Real Estate Investing—Even If You’re Starting From Scratch with guest, Mark Khuri
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In this episode of The Mentor Podcast, Ron LeGrand sits down with seasoned commercial real estate investor and private equity expert, Mark Khuri, Co-Founder of SMK Capital Management. With over 20 years in the industry and experience across asset classes like mobile home parks, self-storage, and triple-net industrial, Mark shares the inside scoop on how everyday investors can break into the commercial side of real estate—even without credit, money, or experience. Whether you’re curious about investing passively in recession-resistant assets or want to actively partner on deals, Mark lays...
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How to Profit from Airbnb Without Owning Property – The Arbitrage Model Unpacked – with Daanish Azim
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At just 28 years old, Florida-based entrepreneur Daanish Azim has built a thriving business managing 18 Airbnb properties—all without owning a single one. In this eye-opening episode, Daanish joins Ron to break down exactly how he launched his Airbnb arbitrage business in less than three years using rental agreements, the right tools, and a smart team. If you’ve ever wondered how to create cash flow from short-term rentals without buying houses, this is your blueprint. No fluff, no fantasy—just a real system with real results. What you’ll learn about in this episode: What Airbnb...
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How to Save Tens of Thousands in Taxes on Your Real Estate Deals—Legally with Gian Pazzia, Co-Founder of KBKG
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Gian Pazzia is not your average tax guy—he’s a nationally recognized expert in real estate tax strategies with over 25 years of experience. A former Big 4 structural engineer turned tax incentive specialist, Gian is the co-founder of KBKG, the leading firm in cost segregation studies. He’s helped real estate investors across the country save over $10 billion in taxes—and today, he’s breaking down how you can do the same. In this episode, Gian shares the inside scoop on cost segregation, bonus depreciation, and lesser-known tax credits that could put tens of thousands of dollars...
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Mastering Short-Term Rentals with Expert Shawn Moore
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Shawn Moore, a seasoned real estate investor with over 24 years of experience, joins The Mentor Podcast to share his journey from traditional real estate investing to becoming a leader in the short-term rental space. Starting with wholesaling and fix-and-flips, he discovered the potential of vacation rentals before Airbnb even existed. After weathering the 2008 financial crisis, Shawn refined his investment strategy, focusing on passive income through short-term rentals. Today, he runs the nation’s top vacation home investor training company and helps investors create long-term wealth with...
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The Future of Real Estate Investing – Market Insights & AI Strategies with Jason Hartman
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In this episode, Ron LeGrand sits down with Jason Hartman, founder of Empowered Investor and a leading expert in real estate market analysis. Jason has spent over 21 years helping investors navigate the market with turnkey properties and data-driven insights. As an industry thought leader, he shares cutting-edge strategies for leveraging AI technology, creative financing, and market trends to maximize profits—even in today’s unpredictable real estate landscape. What You’ll Learn About in This Episode Why 2025 is one of the hardest years to predict in real estate history How...
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Revolutionizing Affordable Housing with Franco Perez
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In this episode, Ron LeGrand sits down with Franco Perez, a trailblazer in the mobile home industry. Franco shares his inspiring journey from financial hardship to becoming a leading advocate for affordable housing. Based in California’s Silicon Valley, Franco has built a business focused on helping low-income families escape the rental trap and transition into homeownership through mobile homes. His innovative approach is reshaping how people think about manufactured housing and its potential to create financial security. What You’ll Learn About in This Episode How Franco’s personal...
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Unlocking Wealth Using Land with The Land Geek, Mark Podolsky
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The Secrets to Self-Storage Success with Scott Myers
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You may know Scott Myers as the self-storage expert, with over 20 years of experience and a reputation as a national authority in the industry. Scott has owned, developed, or managed over 28,000 storage units and more than 5 million square feet of self-storage space. In this episode, he joins Ron LeGrand to share his journey and proven strategies for building a thriving self-storage business. Whether you're just starting or looking to scale, this episode is packed with actionable insights. What you’ll learn about in this episode: How Scott transitioned from residential real estate to...
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The 2 Fastest & Easiest Ways to Get a Check in Real Estate in Today’s Economy
The Mentor Podcast
You may know Ron LeGrand as the real estate guy. He’s been at it for 40+ years and has bought and sold well over 3000 houses without using his money or credit, and he’s taught hundreds of thousands of people to do the same and still do to this very day. Ron still teaches classes all over America and does live deals with students everywhere he goes. What you’ll learn about in this episode: Who can succeed in real estate, and why the things you think are holding you back really aren’t How you can buy and sell without spending your own money or putting your credit score at risk The...
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Stephen Hall is a dynamic and accomplished individual with a diverse range of expertise spanning the fields of taxation, technology, and entrepreneurship. As the CEO of Robert Hall & Associates, a leading regional tax accounting firm, he has been instrumental in growing the client base to over 2500 companies and 7000 families with their tax-related needs. With a specialization in serving landlords, business owners, and online businesses, Stephen and his team of experts provide invaluable guidance and support in navigating the complexities of taxation.
What you'll learn about in this episode: In this insightful episode of The Mentor Podcast, host Ron LeGrand is joined by Stephen Hall, an enrolled agent specializing in real estate taxation. Together, they delve into critical tax considerations for real estate investors, aiming to shed light on common IRS pitfalls and strategies for tax savings. Whether you're transitioning from a job to entrepreneurship or you're a seasoned landlord, this episode is packed with valuable advice to keep you compliant and financially savvy.
Key Topics Covered:
- Understanding IRS Penalties: Learn about the new penalties and compliance requirements for real estate investors, including the importance of issuing 1099 forms to vendors and the consequences of non-compliance.
- Quarterly Tax Payments: Discover the significance of making quarterly tax payments as an entrepreneur and the potential penalties for underpayment.
- Beneficial Ownership Reporting Program: Uncover the latest IRS requirement for reporting beneficial ownership of legal entities, its implications for LLCs, corporations, and trusts, and how to avoid hefty daily fines.
- Tax Deductions for Landlords: Explore commonly overlooked tax deductions for landlords, including home office expenses, insurance premiums, and property management costs.
- Depreciation and Real Estate Professional Status: Understand the rules surrounding depreciation and how qualifying as a real estate professional can impact your tax deductions.
- IRS Notices and Audits: Get expert advice on handling IRS notices and audits, emphasizing the importance of consulting with a tax professional rather than engaging directly with the IRS.
- Record-Keeping and Expense Tracking: Emphasize the critical role of diligent record-keeping and expense tracking in real estate investing to ensure accurate tax filings and maximize deductions.
- Future Tax Code Changes: Gain insights into potential future changes in the tax code affecting real estate investors, particularly in light of upcoming elections and shifts in IRS enforcement strategies.
Stephen Hall offers a complimentary 30-minute program to review your tax situation, providing a proactive approach to managing your real estate taxes and avoiding pitfalls.
Contact Information: For personalized tax advice and to learn more about Stephen Hall's services, visit Robert Hall Taxes or email them directly.
Resources:
- Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
- Free Training: www.TheMentorPodcast.com/Terms
- Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC158