Ultimate Tax Strategies: Cost Segregation, Depreciation, & LLCs w/ Bigger Pockets Author, Amanda Han (115)

The Landlord Diaries

In this episode of The Landlord Diaries, we sit down with Amanda Han, Managing Director of Keystone CPA and one of the nation's top real estate tax strategists. Amanda, a third-generation real estate investor, has helped countless investors maximize wealth through powerful, proactive tax strategies. With best-selling books on Amazon and features in Money Magazine, Google Talks, and CNBC, Amanda brings her unparalleled expertise to the show. Whether you're new to real estate investing or a seasoned pro, this episode will provide valuable insights into building a tax-efficient portfolio. Amanda has 46k subscribers on Instagram & frequently appears as a speaker or author on the Bigger Pockets network.

🔑 Episode Highlights:

• How tax savings make real estate a powerful wealth-building tool
• When and why you should move your rental property into an LLC
• Deep dive into cost segregation and how it can supercharge your tax savings
• Understanding the $25,000 tax allowance for real estate investors with W-2 income
• How to achieve Real Estate Professional Status and unlock massive tax benefits
• Top tax tips for MTR hosts and how to find the right CPA for your real estate journey

📊 Tax Q&A for Furnished Finder Hosts: This episode covers frequently asked tax questions from real estate investors managing midterm rentals, including the pros and cons of LLCs, cost segregation strategies, and tips for reducing your tax burden.

In this episode we cover:

0:00 The Landlord Diaries Intro

2:40 How Amanda became one of the leading real estate tax strategists

3:50 Amanda grew up NEVER wanting to invest in real estate

4:35 Robert Kiyosaki’s book “Rich Dad Poor Dad” changed Amanda’s mindset

5:35 Build a real estate portfolio that’s designed to fit your lifestyle

7:50 Keystone has many client’s in the MTR space

8:40 Why real estate is a preferred asset class

10:00 Tax savings can become a wealth building addiction

12:55 Don’t be scared to ask your tax advisor questions

14:45 When to talk with your tax advisor

15:25 Tax Q&A: Furnished Finder host questions answered

16:20 At what point should you put your rental under an LLC?

20:25 Should you set up an LLC on your own or with a professional?

22:50 Cost segregation strategies & depreciation tips

24:40 Around 40% of tax returns are not optimized

26:55 Pros & cons of cost segregation

31:55 The midterm rental tax loop hole

33:15 The $25,000 tax allowance against w2 income

34:40 What are the qualifications to become a real estate professional

38:30 How to find the right CPA

49:45 Can you have a different CPA & tax strategist?

40:55 A mistake to avoid & the right questions to ask a CPA

43:55 Overcoming the challenges of bookkeeping

50:45 Tips for arguing property taxes

52:40 Top 3 tax tips for mom & pop MTR real estate investors

56:10 Connect with Amanda Han through KeyStone CPA & access her amazing resources!

Website Links:

https://www.furnishedfinder.com/

Text the hosts with questions or comments.

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