Episode 294 - Mike & Kevin┃How investors use taxes to their advantage┃Step By Step Guide

Want to learn more about Vodyssey or start your STR journey. Book a call here: https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7 In this episode, Shawn Moore discusses the recent tax law changes with tax experts Mike Pine and Kevin Schneider. They delve into the implications of bonus depreciation, the importance of quality assets, and the nuances of depreciation recapture. The conversation also covers the benefits of short-term rentals, material participation, and the exciting opportunities presented by Opportunity Zones. The experts emphasize the need for knowledgeable tax advisors to navigate these complexities and maximize tax benefits for high-income earners. GET IN CONTACT WITH MIKE & KEVIN https://www.revotaxpayer.com/ LISTEN TO THEIR PODCAST https://www.hiddenmoney.com/ FOLLOW US: https://www.instagram.com/vodysseyshawnmoore https://www.facebook.com/vodysseyshawnmoore/ https://www.linkedin.com/company/str-financial-freedom https://www.tiktok.com/@vodysseyshawnmoore Chapters 00:00:00 Introduction to Tax Strategies for Investors 00:03:02 Understanding Bonus Depreciation 00:05:51 The Importance of Quality Assets 00:08:46 Navigating Depreciation Recapture 00:11:48 The Role of Tax Advisors 00:14:59 Short-Term Rentals vs. Long-Term Rentals 00:18:02 Material Participation in Short-Term Rentals 00:21:01 Opportunity Zones Explained 00:24:50 Tax Benefits of Opportunity Zones 00:28:53 Other Tax Benefits in the New Bill 00:31:49 The Future of Tax Incentives 00:36:00 Conclusion and Final Thoughts