Dealer Status & How it Could Cost You

In this episode, Ryan is joined by Nathan Sosa, CPA to discuss what it means to have dealer status when selling a property.
They cover:
- Dealer Status Importance
- Real Estate Investment Strategies for Seller Status
- The Winthrop Factors & the Legal and Tax Framework
- Practical Advice and Planning for Preferred Tax Status
This is a heavily audited topic in recent years.
So if you're curious about what factors the IRS will consider when selling a property to help you ensure you pay capital gains taxes and not ordinary income taxes, this an episode you don’t want to miss.
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The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein - and your interpretation of it - is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

Пікірлер: 1

  • @Mrstroyhale
    @Mrstroyhale8 күн бұрын

    If someone is 100% a RE dealer, would seller financing or doing mortgage wraps on the sale help to mitigate any of the tax issues you mentioned?