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Rental Income Podcast With Dan Lane

How Rental Owners Can Save Money On Taxes With CPA Craig Cody (Ep 117)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 18 July 2017

⏱️ 20 minutes

🧾️ Download transcript

Summary

CPA Craig Cody shares ways that rental property owners can save money on their taxes, and talks about things to do (and not do) to avoid an audit.

Transcript

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0:00.0

This episode of the Rental Income Podcast is brought to you by the all-new Fresh Books,

0:05.1

where you can easily track your rental income and expenses and even send invoices to your tenants.

0:11.9

You can get a free 30-day trial.

0:13.8

Just go to freshbooks.com slash RIP and enter Rental Income Podcast in the How Did You Hear About a section?

0:22.4

Inspiring interviews with today's top landlords.

0:26.3

This is the rental income podcast.

0:29.3

And now, Dan Lane.

0:31.4

One of the awesome things about being a rental property owner is all the tax breaks that we get.

0:36.5

You really can save a ton of money as a rental property owner is all the tax breaks that we get. You really can save a ton of money as a rental

0:39.3

property owner on your taxes, which I think is really cool. But if you don't know what the tax breaks are,

0:45.3

you might be missing out on stuff. So on the show today, we've got Craig Cody. He is a certified

0:50.4

tax coach, and he is an expert at helping rental property owners save money on their taxes.

0:56.2

So I want to pick his brain.

0:57.7

I have a lot of things that I personally want to clear up, and then also questions that listeners have sent in that they wanted me to clear up for them.

1:04.9

So we're going to take a real quick break.

1:06.8

We'll come back in 30 seconds, and we will dive right into the interview.

1:10.4

Are you on track to achieve your financial goals?

1:13.1

Income producing real estate is the most historically proven way to accumulate wealth

1:17.0

and has created more financial freedom than any other means.

1:20.8

Norata real estate provides everything you need to invest in the best turnkey cash flow rental properties.

1:26.2

Our simple proven system will help you create real wealth and passive monthly income.

1:30.8

Get your free strategy session with our knowledgeable investment counselors at Noratara real estate.com.

...

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