2022 Real Estate Tax Strategies w/ Investor & CPA Ana Klein

What 2022 real estate tax strategies do you have prepared? Or maybe the better question is: have you even started to plan for taxes in 2022? If you’re a real estate rookie, you probably are just dipping your toe into the wonderful world of real estate tax deductions. But, without a good bookkeeper, accountant or CPA, you could be missing thousands (if not more) in tax savings.

Joining us today for our end of year tax roundup is investor, lender, and CPA Ana Klein. Ana started her real estate journey working as a public accountant, then a private accountant, and finally starting her own business. She saw the massive tax advantages her clients benefited from simply by owning rental property, so she decided to do the same.

Now, Ana has a growing portfolio, complete with cash flow and depreciation to offset her income. Ana spends some time today walking through how you, a rookie or experienced investor, can benefit when investing in real estate. She also lays out the ways you can set yourself up for success with a CPA and maximize your deductible income.

~~~~
Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
~~~~
Connect with Ana:
Instagram: @anakcpa or https://www.instagram.com/anakcpa/
Website: https://www.akk-tax.com/
Youtube: https://www.youtube.com/user/fashnluvr
~~~~
The Ultimate Guide to Real Estate Taxes & Deductions:
https://www.biggerpockets.com/blog/real-estate-taxes-deductions
~~~~
8 Ways to Maximize Your Tax Benefits as a Real Estate Investor

8 Ways to Maximize Your 2020 Tax Benefits as a Real Estate Investor

~~~~
Biden’s Proposed Tax Changes: What Investors Should Know:

Biden’s Proposed Tax Changes: What Investors Should Know

~~~~
Follow Ashley and Tony on Instagram:
@wealthfromrentals or https://www.instagram.com/wealthfromrentals/
@tonyjrobinson or https://www.instagram.com/tonyjrobinson/

Episode 139

Show notes at: https://www.biggerpockets.com/rookie139

0:00 Intro
4:48 Becoming an Entrepreneur and Investor
10:49 Shifting Out of a 9-5 Mindset
13:00 Ana’s Current Portfolio
15:07 Bringing a Basement Up to Code
17:47 Self Storage & Becoming a Hard Money Lender
29:56 1. What Should Rookies Do From the Start?
34:47 2. Biggest Real Estate Tax Advantages
38:12 3. When to Contact a CPA
40:25 4. 2022 Tax Changes
44:40 Rookie Request Line
47:16 Rookie Rockstar