Owning a Small Business for Tax Benefits and Cashflow

Owning a Small Business for Tax Benefits and Cashflow

In this episode of "The Vinney and Beau Show," we dive deep into maximizing tax benefits with insider tips from renowned CPA, Sheikh. Discover how to leverage bonus depreciation, Section 179, and other strategies to optimize your tax situation, whether you're a business owner or real estate investor. They cover topics such as material participation, passive investing in syndications, owning a small business for tax benefits, using 1031 exchanges to grow wealth, step-up in basis and estate planning, active participation and tax strategies, leveraging active business ownership, offsetting passive losses and gains, strategizing capital gains and losses, planning strategies for tax savings, and using cash flow and tax losses.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
02:01 Bonus depreciation and its extension
05:40 Tax strategies for W-2 employees
08:20 Using passive losses to offset taxes on property sale
11:51 Importance of tax strategies and consulting with a CPA
12:58 Section 179 vs Bonus Depreciation
20:30 Tests for material participation
22:09 Passive Investing in Syndications
22:51 Owning a Small Business for Tax Benefits
24:20 Using 1031 Exchanges to Grow Wealth
28:28 Examples of Wealth-Building Strategies
30:40 Leveraging Active Business Ownership
34:05 Offsetting Passive Losses and Gains, Strategizing Capital Gains and Losses
38:38 Using Cash Flow and Tax Losses
40:20 How to reach out to Sheikh

💥 Thanks for watching 💥
#TaxTips #CPAInsights #WealthBuilding #RealEstateInvesting #TaxStrategies #FinancialFreedom #BusinessOwners #Entrepreneurship #TaxSavings #MoneyManagement

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.